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Athletics re-sign Bartolo Colon to one-year contract

Nov 3, 2012, 4:37 PM EDT

Bartolo Colon AP

UPDATE II: Slusser also hears that despite re-signing Colon, the A’s still have interest in bringing back Brandon McCarthy.

UPDATE: Susan Slusser of the San Francisco Chronicle reports that Colon will receive a $3 million base salary and could earn more with incentives.

4:37 PM: Well, here’s a surprise.

According to Jane Lee of MLB.com, the Athletics and Bartolo Colon have reached agreement on a one-year contract. Terms haven’t been disclosed.

Colon joined the A’s on a one-year, $2 million contract in January and posted a solid 3.43 ERA and 91/23 K/BB ratio over 152 2/3 innings prior to being suspended 50 games for testing positive for testosterone in late August. The 39-year-old right-hander still has five games left on the suspension, so he will begin the 2013 season on the restricted list. However, the fallout of the positive test wasn’t enough to scare the Athletics away. Colon is currently pitching with for Aguilas in the Dominican Winter League and recently required stitches after he was hit in the face by a line drive.

The Athletics currently have Colon, Brett Anderson, Jarrod Parker, Tommy Milone and A.J. Griffin lined up for their rotation, so free agent right-hander Brandon McCarthy might not be a fit any longer.

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