Jan 10, 2011, 12:57 PM EST
Last week Hideki Okajima was said to be close to re-signing with the Red Sox and now Jerry Crasnick of ESPN.com reports that the two sides have finalized a one-year contract worth $1.75 million in guaranteed money and another $550,000 in potential incentives.
Boston non-tendered Okajima last month rather than pay what likely would have been around $3.5 million via the arbitration process, so in re-signing him the Red Sox probably end up saving at least $1.5 million.
Okajima had a miserable first half that included talk of being homesick and criticism from local reporters who felt he was dodging media responsibilities, but he allowed just two runs in his final 16 appearances to finish with a reasonable 4.50 ERA in 46 innings overall and will fill a left-handed setup role again in 2011.
- Giants acquire Casey McGehee from the Marlins 14
- The Padres have given their fans something to talk about. Which is badly needed in San Diego. 63
- Justin Upton traded to the Padres for three prospects 79
- Bud Selig will get a $6 million a year pension. Which is obscene. 142
- Jake Peavy agrees to a two-year, $24 million deal to stay with the San Francisco Giants 25
- Matt Kemp has officially been traded to the Padres 29
- Padres acquire catcher Derek Norris from Athletics 38
- St. Petersburg City Council votes down deal to allow Rays to look for new stadium site 90
- The United States will seek to normalize relations with Cuba (144)
- Bud Selig will get a $6 million a year pension. Which is obscene. (142)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (111)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)