Dec 9, 2010, 11:17 AM EST
As expected, the Pirates and Scott Olsen have agreed to a one-year contract with a team option for 2012.
Olsen, who’s gone 24-38 with a 5.17 ERA since a solid rookie season in 2006, will try to resurrect his career in Pittsburgh while earning $500,000 in base salary with another $3 million in potential incentives.
According to Jerry Crasnick of ESPN.com the Pirates will also hold a $4 million option on Olsen for 2012, giving them a chance to retain him at a somewhat reasonable rate just in case he finally breaks through with a big year at age 27.
- Report: Red Sox offer Jon Lester six years, $110-120 million 65
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” 120
- A’s sign Billy Butler to three-year, $30 million contract 79
- Cardinals reportedly joining pursuit of Jon Lester 65
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. 148
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal 156
- Blue Jays sign Russell Martin to five-year, $82 million deal 135
- Done Deal: Giancarlo Stanton and the Marlins agree on the biggest contract in baseball history 124
- Biggest deal in baseball history: Giancarlo Stanton close to 13-year, $325 million contract with Marlins (182)
- So Curt Schilling spent his evening arguing against the theory of evolution (165)
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal (156)
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. (148)
- Blue Jays sign Russell Martin to five-year, $82 million deal (135)