The Indians sign Chad Durbin to a one-year contract

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According to Jerry Crasnick of ESPN.com, the Indians have reached agreement with Chad Durbin on a one-year contract, pending a physical. He’ll make a guaranteed salary of $800,000 with the chance for $1 million more in performance-based incentives.

Durbin was reportedly considering a return to Philadelphia as a non-roster invitee earlier this week if he didn’t receive a major league offer. He probably could have made a contending team out of spring training, but the Indians will give him the job security he desires.

The 33-year-old right-hander has compiled a 3.62 ERA over 226 innings in the past three seasons in Philadelphia, including a 3.80 ERA and 63/27 K/BB ratio across 68 2/3 innings last year.

Durbin is projected to set-up for young closer Chris Perez, but look for him to be a popular trade target around the deadline.