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Chris Perez released by Indians

Updated: November 1, 2013, 1:25 PM ET
Associated Press

CLEVELAND -- The Indians closed out their relationship with Chris Perez.

The team released the colorful closer Thursday following a season in which he performed below his All-Star abilities, got arrested and surrendered his job in the final week as Cleveland tried to clinch a playoff spot.

Also, the Indians re-signed veteran slugger Jason Giambi, who provided leadership last season along with some clutch hits.

A two-time All-Star, Perez spent five seasons in Cleveland. And ...

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