Mets place Bartolo Colon on revocable waivers

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Ken Rosenthal of FOX Sports reports that the Mets have placed starter Bartolo Colon on revocable waivers. The right-hander is under contract for the 2015 season, making $11 million, something any interested team will have to take into consideration.

Rosenthal takes care to mention the Angels, who have baseball’s best record. They would be interested in acquiring Colon, having lost Garrett Richards to a season-ending knee injury, but 28 other teams would have to pass before the Angels would get a chance to put in a claim.

Colon, 41, is 11-10 with a 3.85 ERA and a 125/21 K/BB ratio in 161 1/3 innings across 24 starts this season.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.