Oviedo deal official: $1.5-million
The Rays made official their deal to sign RHP Juan Carlos Oviedo, signing him for $1.5-million guaranteed, with up to another $1.4-million available in incentives.
Oviedo, known formerly as Leo Nunez, spent 2013 with the Rays recovering from Tommy John elbow surgery but didn't pitch in any games. He logged 92 saves with a 3.86 ERA during 2009-11 with the Marlins, then missed the first part of 2012 due to a suspension stemming from age/identity fraud and was injured while working back into shape in the minors.
"When we signed Juan Carlos last winter, we felt that when he returned to health he could play a key role in our bullpen in 2014,'' Rays executive VP Andrew Friedman said. "Observing his work ethic throughout the rehab process and getting to know him as a person has strengthened that feeling, and we're excited to have the chance to see this through."
Oviedo became a free-agent when the Rays declined a $2-million option after the season, instead paying a $30,000 buyout. So in re-signing him for $1,5-million they saved $470,000.
Oviedo, just-acquired Heath Bell, returning LHP Jake McGee and veteran RHP Joel Peralta are all candidates for late-inning duty.