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.

Report: Angels sign Matt Harvey to one-year, $11 million deal

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The Angels have signed pitcher Matt Harvey to a one-year contract, MLB.com’s Mark Feinsand reports. Fancred’s Jon Heyman reports that the contract is for $11 million with an additional $3 million available through performance incentives.

Harvey, 29, spent 2018 with the Mets and Reds, posting an aggregate 4.94 ERA with a 131/37 K/BB ratio in 155 innings. He started off poorly with the Mets, so they traded him to the Reds in early May. He pitched much better in Cincinnati.

Harvey should have a spot secured at the back of the Angels’ rotation, but health and performance can always change that leading up to Opening Day.