Rays get creative in re-signing reliever Joel Peralta

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Tampa Bay and Joel Peralta have made official what was first reported two weeks ago, announcing a two-year, $6 million contract that also includes $2.5 million team options for 2015, 2016, and 2017.

Rarely do you see two-year contracts include multiple option years, let alone more option years than the initial length of the contract, but the Rays are nothing if not creative.

In this case it seems like the 37-year-old Peralta is happy to stay in one place after bouncing around early in his career and basically said: “You give me some decent money right now and you can control me for however long I’m still a worthwhile pitcher.”

Tampa Bay grabbed Peralta off the scrap heap after he was released by Washington and over the past two seasons he’s given them 135 innings with a 3.27 ERA and 145/35 K/BB ratio for a combined price of $3 million.

Yankees, Brett Gardner reunite on one-year, $12.5 million deal

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George A. King III of the New York Post reports that the Yankees and outfielder Brett Gardner are back together on a one-year, $12.5 million contract. The deal includes a second year option worth $20 million.

Gardner, 36, is coming off of the strongest offensive season of his career, batting .251/.325/.503 with 28 home runs, 74 RBI, 86 runs scored, and 10 stolen bases over 550 plate appearances. While he has certainly lost a step or two with age, he still rates as an above-average defensive corner outfielder as well.

As Joel Sherman of the New York Post notes, the Yankees also value Gardner — a veteran of 12 seasons — for his leadership, especially with CC Sabathia and Didi Gregorius gone.

Bringing Gardner back into the fold allows Giancarlo Stanton to remain the full-time DH. Gardner will return to left field with Aaron Hicks and Aaron Judge reprising their roles in center and right, respectively.