The Padres signed Yorvit Torrealba to a one-year $1.25MM deal that includes a mutual option for 2011. The catcher, who passed his physical today, will earn $750K this year. There's a $500K buyout on a $3.5MM mutual option for the following season.
Torrealba, 31, hit .291/.351/.380 in 242 plate appearances for the Rockies last year, catching 545.3 innings. Torrealba split time last year with a solid young catcher in Chris Iannetta, and he'll do so again this year with Nick Hundley.
We learned on Monday from Olney that despite an offer in hand from San Diego, Torrealba hoped to engage the Mets. However, the Mets may be done spending.
ESPN.com's Buster Olney reported that the sides were nearing a deal and followed up with the terms of the contract, all on Twitter. Dan Hayes of the North County Times tweeted that Torrealba passed his physical.