Joaquin Benoit AP

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: Rockies haven’t discussed contract extension with Nolan Arenado

LOS ANGELES, CA - SEPTEMBER 23: Nolan Arenado #28 of the Colorado Rockies runs the bases after hitting a solo homerun in the sixth inning against the Los Angeles Dodgers at Dodger Stadium on September 23, 2016 in Los Angeles, California.  (Photo by Lisa Blumenfeld/Getty Images)
Lisa Blumenfeld/Getty Images
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In a mailbag published on Thursday, Patrick Saunders of the Denver Post says he has spoken with Arenado and his agent from the Wasserman Media Group. Based on that, he says the Rockies have not broached the subject of a contract extension with the All-Star third baseman.

Arenado will enter his second of four years of arbitration eligibility after earning $5 million for the 2016 season. He’s due to a hefty pay raise and will continue on that track into free agency after the 2019 season. It may behoove the Rockies to get extension talks started sooner rather than later. Saunders, however, thinks that Arenado wants to see if the Rockies become contenders in the next two seasons before signing the dotted line.

Arenado, 25, enters Thursday’s action batting .293/.361/.567 with 40 home runs, 130 RBI, and 112 runs scored in 678 plate appearances. His 40 homers is best in the National League and the 130 RBI are best in the majors. He has an argument for winning the National League Most Valauble Player Award.

Video: Scott Boras eulogizes Jose Fernandez

MIAMI, FL - SEPTEMBER 28: A detailed view of a memorial wall in honor of Jose Fernandez on September 28, 2016 in Miami, Florida. Mr. Fernandez was killed in a weekend boat crash in Miami Beach along with two friends.  (Photo by Rob Foldy/Getty Images)
Rob Foldy/Getty Images
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Agent Scott Boras eulogized client Jose Fernandez at his funeral on Thursday. Boras couldn’t even get through the first sentence without breaking down in tears. It was difficult to watch without wanting to sob myself, but it was a touching eulogy that spoke for a lot of people who were fond of Fernandez.