Rodney deal is set
UPDATE, 5:16: Rays have put out a release about signing Rodney.
“Fernando’s pure stuff is top-notch and can beat hitters both in and out of the strike zone,” said Rays Executive Vice President of Baseball Operations Andrew Friedman. “We feel he will be able to maximize his ability with us to further strengthen our bullpen.”
UPDATE, 4:15: The deal is now officially official, with an announcement coming from the Rays by the end of the day.
UPDATE, 11:47: Have confirmed terms of the deal, a $1.75-million salary in '12, a team option for $2.5-million or a $250,000 buyout in 2013, and that Rodney has passed his physical.
BREAKING: The Rays still haven't confirmed anything, but their deal with veteran RH reliever Fernando Rodney appears to be in place.
An announcement seems likely for this afternoon.
The deal, based on details from ESPN's Enrique Rojas, fits in the Rays' framework: a $1.75-million salary in 2012, and either a $2.5-million option or a $250,000 buyout in 2013.