Padres announce two-year, $15.5 million deal with Joaquin Benoit

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It was reported earlier this month that the Padres had agreed to a two-year contract with reliever Joaquin Benoit, but the deal is now official.

Benoit is guaranteed $15.5 million over the life of the contract. According to Corey Brock of MLB.com, the deal includes an $8 million vesting option for 2016 if he reaches 55 games finished in 2015.

Benoit, 36, emerged as the closer for the Tigers this past season while posting a 2.01 ERA and 73/22 K/BB ratio over 67 innings. However, he’ll help set up for Huston Street in San Diego.

Report: Reds sign Ben Revere

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The Reds have signed outfielder Ben Revere to a minor league contract with an invitation to spring training, Jon Heyman of FanRag Sports reports. Revere is expected to take home a salary between $1 million and $1.5 million if he makes the major league roster, Heyman adds.

Revere, 29, spent last season with the Angels. He batted a light .275/.308/.344 in 308 plate appearances. Revere does have some speed as he stole 21 bases last year.

Revere will try to earn a spot on the roster as a backup outfielder. The Reds’ starting spots are spoken for with Adam Duvall, Billy Hamilton, and Scott Schebler.