Angels close to two-year deal with Alberto Callaspo

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UPDATE: Jeff Fletcher of the Orange County Register reports that Callaspo’s two-year deal is worth $8.975 million.

10:45 PM: According to Alden Gonzalez of MLB.com, the Angels and Alberto Callaspo are close to finalizing a two-year extension worth around $9 million. The two sides are still expected to exchange arbitration figures tomorrow, but that’s merely a formality until Callaspo travels from Venezuela to take a physical.

Callaspo was arbitration-eligible for the final time this winter after making a $3.15 million salary in 2012. The agreement, if finalized, will buy out his first year of free agency.

Callaspo, 29, batted .252/.331/.361 with 10 home runs, 53 RBI and a .692 OPS last season. The Angels are hoping he’ll hold down third base until top prospect Kaleb Cowart is ready for the big leagues.