Matt Capps, Twins finalize contract
MINNEAPOLIS -- The Minnesota Twins have finalized their $4.75 million, one-year contract with closer Matt Capps.
The deal was done Wednesday after Capps passed his physical. The right-hander's contract includes a $6 million club option for the 2013 season. He will make $4.5 million in 2012, and the Twins must pay him a $250,000 buyout if they decline to exercise the option for a second year. He can earn additional performance bonuses based on his number of games finished.
Capps came in a July 2010 trade with Washington for prized prospect catcher Wilson Ramos and finished with a combined 48 saves for the Nationals and the Twins that season. But last year he slumped to 4-7 with a 4.25 ERA in 65-plus innings. He had 15 saves and blew seven opportunities.
Copyright 2011 by The Associated Press
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WINTER MEETINGS DAY 3

NEWS
- Nothing imminent for Pujols, three suitors »
- Darvish wants to pitch stateside »
- Astros hire Cards exec Luhnow as next GM »
- Johnson accepts Jays' arbitration offer »
- K-Rod stays with Brewers via arbitration »
- Marlins introduce new shortstop Reyes »
- Boras: Several offers for Fielder »
- Sources: Marlins sign Buehrle for 4 years »
- Source: Angels close in on Hawkins »
- Rangers brace for Wilson's exit »
- Ortiz accepts salary arbitration »
- Source: Cubs, Rangers talk Garza »
- Wilson undecided on destination »
- Pirates add Bedard, McLouth »
- Red Sox's Valentine: 'I hate the Yankees' »
- Rockies trade Street to Padres »
- Sources: Marlins might pursue pitching »
- Dodgers eye MacDougal for 'pen »
- Rangers' Hamilton wants an extension »
- Rangers' Ryan doesn't see fit for Fielder »
ANALYSIS
- Edes: Cherington lays groundwork »
- Crasnick: Marlins deliver meetings drama »
- Law: Adding Buehrle safe addition

- Stats & Info: Buehrle consistent »
- Schoenfield: Buehrle a solid investment »
- Padilla: Sox lose more than a pitcher »
- Fantasy: Buehrle's value in Miami »
- Rubin: Bitter end for Reyes/Mets
- Fantasy: Street trade, Mets' moves »
- Schoenfield: Street & Bedard good pickups »
- Olney: Hard reality check for Hanley

- Bowden: Three Ramirez trade scenarios

- Schoenfield: Meetings are huge »
- Keri: Grantland's coverage »
VIDEO
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- Cubs chasing international options?

- Rizzo: Nationals' winter plans

- BBTN: State of the Cubs »

- Valentine: "I hate the Yankees"

- Guillen: Marlins' offseason additions

- Update on Hanley Ramirez

- Reyes on Mets: No offer

- Rangers won't panic without Wilson

- SC: Buehrle signs with Marlins

- Marlins move on from Pujols

- Hoyer: Getting Cubs on track

- Rumor Central: Power tilts to NL East

- Reyes: 'I'm part of a new family'

- Mattingly: Dodgers' legacy still proud

- Law: Updated top 25 prospects
- Goldstein: How Boras can exploit the draft
- Jedlovec: Most dominant pitches in baseball
- Bowden: Five big names on the block
- Szymborski: Updated division projections
