UNSUPPORTED BROWSER
SI Wire

Angels sign Raul Ibanez to 1-year, $2.75M deal

The deal with Raul Ibanez still leaves the Angels with about $15 million to go after Matt Garza or Masahiro Tanaka before hitting the $189 luxury tax threshold. (Duane Burleson/Getty Images) The deal with Raul Ibanez leaves the Angels with about $15 million to spend before hitting the luxury tax threshold. (Duane Burleson/Getty Images)

The Los Angeles Angels signed 41-year-old left fielder and designated hitter Raul Ibanez to a one-year, $2.75 million deal on Wednesday that could be worth up to $5 million with incentives, according to Jon Heyman of CBS Sports.

The deal leaves the team still in contention for Matt Garza or Masahiro Tanaka, at least from a financial perspective; the Angels have approximately $15 million left to spend before they hit the $189 million luxury tax threshold, and as Jeff Fletcher of the Orange County Register tweeted following the Ibanez deal, the team is "willing to go over by a little" if necessary.

A 2009 All-Star in his first season with the Philadelphia Phillies, Ibanez hit .242/.306/.487 with 29 home runs for the Seattle Mariners this past season. The $2.75 million deal he signed with the Angels on Wednesday is the same amount as his deal in December 2012 with the Mariners.

SI WIRE: Shin-Soo Choo reportedly turned down Yankees’ 7-year, $140M offer

https://twitter.com/JonHeymanCBS/status/413343547648012288

https://twitter.com/JeffFletcherOCR/status/413342769386496000

More SI Wire

Close

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 4 easy steps:

  1. Click the Chrome menu on the browser toolbar.
  2. Select Bookmarks.
  3. Select Bookmark manager.
  4. Locate your current Sports Illustrated bookmark, click the Organize menu, then select Edit. You can now easily update the web address of your Sports Illustrated bookmark.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 2 easy steps:

  1. Click the Safari bookmark manager on the browser toolbar.
  2. This will open the Bookmarks Bar. In the Bookmarks Bar, select your Sports Illustrated bookmark and manually edit the Address field.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 3 easy steps:

  1. Click the Firefox bookmark manager on the browser toolbar.
  2. Select Show All Bookmarks.
  3. This will open the library window. In the Library window, select your Sports Illustrated bookmark and manually edit the Location field.

    Our updated web address is http://www.si.com.
Don't Show This Again