M's keep Oliver Perez for $1.5 million
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 brought up on June 16. He was strong against left-handed hitters but was even better against right-handers, who hit .204 against him.
Perez can make an additional $600,000 in performance bonuses next year: $100,000 each for 40, 45, 50, 55, 60 and 65 games.
In 2011, Perez was released in spring training by the Mets, who owed him the final $12 million of a $36 million, three-year contract. His deal with Seattle this year was worth $90,000 in the minors and $750,000 in the majors.
Copyright 2012 by The Associated Press
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