THURSDAY, 8:50am: The Wolf signing is official. Ramona Shelburne of the L.A. Daily News talked to Wolf, who said:
"I had offers pulled, offers reduced, it was really weird. I was like, 'Wow, I must've had a bad game in the offseason.'"
FRIDAY, 8:06pm: Tony Jackson of the Los Angeles Daily News has heard that the deal is worth $5MM. Wolf can also earn up to $3MM in incentives if he reaches 200 innings.
5:54pm: FOXSports.com's Ken Rosenthal writes that the "deal is expected to be in the $5.5MM range and also will include incentives."
5:15pm: Tim Brown of Yahoo! Sports reports that the Dodgers have agreed to terms on a one-year deal with left-hander Randy Wolf.
The exact financial terms are not yet available. Wolf, 32, went 12-12 for the Padres and Astros last season. He posted a 4.30 and struck out 162 batters over 190 1/3 innings. Wolf, a Type B free agent who was denied arbitration by the Astros, is joining a Dodgers rotation that already boasts Chad Billingsley, Hiroki Kuroda, Clayton Kershaw and Jason Schmidt. Shawn Estes, Claudio Vargas or Eric Stults could slide in if Schmidt isn't able to work through his shoulder issues.
Ken Rosenthal published a run-down of Wolf's offseason in late January. The Astros offered but quickly pulled a three-year, $28.5MM offer in November.