Arthur Rhodes’ one-year deal with Rangers includes vesting option for 2012

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Arthur Rhodes and the Rangers agreed to terms on a one-year contract last week, but the deal finally became official yesterday and the monetary details have been revealed.

Rhodes will make $3.9 million this season and the deal also includes a $4 million option for 2012 that vests if he appears in at least 62 games and is not on the disabled list when the season ends.

As if making the All-Star team for the first time at age 40 wasn’t enough, the $3.9 million Rhodes will get in 2011 is more than he’s earned in any season of his 19-year career. And he’s appeared in 61, 66, and 69 games during the past three years, so there’s a decent chance the $4 million option for 2012 will vest.

Rhodes had a 5.32 ERA in 2006 and missed all of 2007 following Tommy John elbow surgery, yet returned at age 38 to post a 2.32 ERA and 138/54 K/BB ratio in 144 innings over the next three seasons. He’ll serve as one of Neftali Feliz’s setup men.

White Sox shut down Lucas Giolito for remainder of season

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The Athletic’s James Fegan reports that the White Sox are shutting down starter Lucas Giolito for the remainder of a season. An MRI revealed a mild lat strain, which typically comes with a three- to four-week recovery timetable. The third-place, 65-84 White Sox have nothing left to play for, so it makes sense to play it safe with their prized young hurler.

Giolito, 25, had a breakout season. He went 14-9 with a 3.41 ERA and a 228/57 K/BB ratio in 176 2/3 innings. He made his first All-Star team and will likely earn a few downballot votes for the AL Cy Young Award.

Giolito was scheduled to start Tuesday’s series opener against the Twins. Ross Detwiler will start in his place opposite Martín Pérez.