M's keep Oliver Perez for $1.5 million

Updated: November 5, 2012, 3:43 PM ET
Associated Press

SEATTLE -- Oliver Perez is staying with the Seattle Mariners, giving them a left-handed specialist out of the bullpen next season.

Seattle and Perez agreed Saturday to a $1.5 million, one-year contract. He was 1-3 with a 2.12 ERA in 33 games last season and had a stretch of 20 consecutive appearances in July and August where he did not allow a run. That streak was tied for the fourth longest in franchise history.

Perez started the season at Triple-A Tacoma and was ...

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