Reds re-sign Manny Parra

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Left-hander Manny Parra has agreed to a two-year, $5.5 million contract with the Reds, according to Jon Heyman of CBSSports.com.

Parra was once a promising young starter for the Brewers, but control problems and injuries wiped away most of that potential. He shifted to the bullpen full time in 2012 and has been pretty solid, throwing 105 innings with a 4.30 ERA and 117/50 K/BB ratio.

That includes a 3.33 ERA and 56/15 K/BB ratio in 47 innings for the Reds this year, so he’ll return to the same middle relief role in Cincinnati’s bullpen.

Twins will not pick up Glen Perkins’ 2018 option

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The Twins have informed reliever Glen Perkins they will not pick up his 2018 club option worth $6.5 million, MLB.com’s Rhett Bollinger reports. Instead, he will be paid $700,000 per his buyout clause.

Perkins, 34, has pitched a total of 7 2/3 innings over the last two seasons due to shoulder and biceps injuries. Bollinger adds that the two could come to terms on a minor league deal, but if they can’t reach an agreement, the lefty is likely to retire.

From 2011-15, Perkins emerged as one of the better relievers in baseball, making three All-Star teams. He compiled an aggregate 2.84 ERA with 340 strikeouts and 73 walks across 313 1/3 innings.