Jan 10, 2011, 12:57 PM EDT
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.
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