Mariners and Miguel Olivo agree to two-year, $7 million deal

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Seattle has signed catcher Miguel Olivo to a two-year, $7 million contract with a team option for 2013, according to Jon Paul Morosi of FOXSports.com.

Last month the Blue Jays acquired Olivo from the Rockies for a player to be named later, declined his $2.6 million option for 2011, and then offered him arbitration, which means Toronto will receive a compensatory draft pick for losing a Type B free agent who never actually played for them.

Pretty nifty move from general manager Alex Anthopoulos, who saw the value in holding Olivo’s rights even when the Rockies didn’t. Seattle handing $7 million to Olivo is also intriguing, because Jack Zduriencik is viewed as a stat-friendly general manager who places a premium on getting on base and Olivo has consistently posted one of the worst on-base percentages in baseball.

Olivo got on base at a .315 clip this year, which is both significantly below the MLB average and by far the best mark of his career. In fact, it’s only time his OBP has cracked .300. He brings plenty of power to the table, smacking 14 homers in 427 at-bats this year and 20 homers per 550 at-bats for his career, and Olivo also does a good job controlling the running game, but it’s still an odd fit.

Yu Darvish lands on 10-day disabled list again with triceps tendinitis

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Bad news for the Cubs’ Yu Darvish: The right-hander is headed back to the disabled list with right triceps tendinitis, the team announced Saturday. It’s the second such assignment for Darvish this season, but the first time he’s been sidelined with arm issues. Neither the severity of his injury nor a concrete timeframe for his recovery has been revealed yet, but the move is retroactive to May 23 and will allow him to come off the DL by June 2, assuming all goes well.

Prior to the injury, Darvish went 1-3 in eight starts with a 4.95 ERA, 4.7 BB/9 and 11.0 SO/9 through 40 innings. Needless to say, these aren’t the kind of results the Cubs were hoping to see after inking the righty to a six-year, $126 million contract back in February, though the circumstances affecting his performances appear to have largely been out of his control. He missed a start in early May after coming down with the flu and has struggled to pitch beyond the fifth inning in five of his eight starts to date.

The Cubs recalled left-hander Randy Rosario from Triple-A Iowa in a corresponding move. Rosario has yet to amass more than five career innings in the majors, but has impressed at Triple-A so far this year: he maintained an 0.97 ERA, 2.8 BB/9 and 6.1 SO/9 through 19 1/3 innings in 2018. As for Darvish’s next scheduled turn in the rotation, Tyler Chatwood is lined up to take the mound when the Cubs face off against the Giants in the series finale on Sunday. A starter for Monday night’s game has yet to be determined.