Update: The Rays made the signing of Joel Peralta official Tuesday, inking him to a two year, $6 MM deal with options for 2015, 2016, and 2017. Interestingly, the three one year options have no buyout. “We love Joel’s competitiveness and the impact he has on the younger pitchers in our bullpen,” Rays executive VP Andrew Friedman said in a press release on the deal. “He has been an integral part of our late-inning success and has proven that he can get big outs in the American League East.”

The terms of Peralta’s contract
2013: $3M
2014: $3M
2015: Team option, $2.5M, no buyout
2016: Team option, $2.5M, no buyout
2017: Team option, $2.5M, no buyout

The Hot-Stove is really starting to heat up. On the heals of the news that the Rays extended a one year, $13 MM qualifying offer to BJ Upton, it was announced earlier Monday that RHP reliever, Joel Peralta, has agreed to a two year, $6 MM contract. The deal includes a $2.5 MM option for 2015.

Peralta, 37, has been the primary set-up man the past two seasons, appearing in 147 games. He posted a 3-4 record in 2011, with a 2.93 ERA and a four-to-one K/BB ratio. In 2012 Peralta posted a 2-6 record in 2012, with a 3.63 ERA and a five-to-one K/BB ratio. Peralta has been very effective in a Rays uniform, and this will solidify the back end of the bullpen in the upcoming 2013 season. I think it would be safe to assume Jake McGee, Joel Peralta, and Fernando Rodney will (again) be the seventh, eighth, and ninth inning pitchers.

Peralta noted that there were better offers from at least two teams, but he got what he considered a fair offer from the Rays. “Some teams offered a little bit more money, but I got what I thought I was worth and I was happy with it, I didn’t want to go anywhere else,” Peralta was quoted as saying in an interview with the Times from his home in the Dominican Republic.

;

Leave a comment