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Angels sign Kole Calhoun to three-year, $26 million extension

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Angels outfielder Kole Calhoun had three more years of arbitration eligibility left, but he and the Angels decided to settle that future business at once on Wednesday, agreeing to a three-year extension worth $26 million, per SB Nation’s Chris Cotillo. The contract also¬†includes a $14 million club option for the 2020 season.

Calhoun, 29, has been a dependable right fielder for the Angels over the last three seasons, batting an aggregate .266/.327/.436 with 61 home runs and 216 RBI in 1,895 plate appearances. According to FanGraphs, Calhoun has been the ninth-most valuable right fielder in baseball since the start of the 2014 season with 11.4 Wins Above Replacement. He ranks slightly behind Giancarlo Stanton (11.9) and just ahead of J.D. Martinez (10.9).

The Angels only have a handful of players signed beyond the 2017 season — just Albert Pujols, Mike Trout, Andrelton Simmons, and Calhoun. The club has options on Ricky Nolasco and Huston Street, while many others will be eligible for arbitration.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.