Twins re-sign Mike Pelfrey to two-year, $11 million deal

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Mike Pelfrey posted an ugly 5.19 ERA (78 ERA+) in 152 2/3 innings this past season for the Twins and owns a 4.48 career ERA (90 career ERA+) in 1,049 major league frames. But the Minnesota front office apparently feels he has some untapped potential.

Jon Heyman of CBS Sports reports that the Twins have re-signed Pelfrey to a two-year, $11 million free agent contract. The deal also carries another $3.5 million in performance-based incentives.

The Yankees were said to have interest in Pelfrey last month and a few other clubs were linked, but it sure feels like the Twins bid against themselves in offering him a two-year pact. Pelfrey joins Ricky Nolasco, Kevin Correia, Phil Hughes and Vance Worley in an improved-but-still-shaky Minnesota rotation.