SATURDAY, 10:48am: La Velle E. Neal III heard from a source that the Twins are expected to announce the signing this afternoon. Crede is apparently on a plane to Fort Myers.
Neal adds the terms of the contract. The Star-Tribune's source suggest the deal guarantees Crede $2.5MM, but could pay him up to $7MM depending on how many plate appearances he makes. The incentives start at 250 PAs and continue until Crede comes to bat for the 525th time.
FRIDAY: Mark Gonzales of The Chicago Tribune cites "a major league source" who says that Joe Crede and the Twins have agreed to terms. No details of the contract were available, but La Velle E. Neal III of the Minneapolis Star-Tribune wrote earlier tonight that it appeared Crede "is willing to sign for less than the $7MM base that we believed he was seeking."
Even battling back issues, Crede's third base defense is among the game's best. Last year he saved 13 more bases than the average third baseman despite missing a third of the season.