Angels Sign Brian Fuentes

12:46pm: Olney has the financials: it’s a two-year, $17.5MM deal.  $8.5MM in ’09, $9MM in ’10, and a $9MM vesting option for ’11 based on (55) games finished.

12:08pm: According to ESPN’s Buster Olney, Brian Fuentes signed a two-year deal with the Angels.  A press release from the Angels is out; there’s a third-year club option.  The Rockies will receive the Angels’ #33 pick in the June draft, as well as a supplemental pick.

Fuentes, 33, was excellent in 2008.  He posted a 2.73 ERA and 11.78 K/9.  At the outset of the offseason he was expected to get a three or even four-year deal.

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