The Phillies announced that they released right-hander Joel Pineiro. The Wasserman Media Group client signed a minor league deal with the Phillies in January and would have earned $1.5MM on the MLB roster.
Pineiro started 24 games for the Angels in 2011, posting a 5.13 ERA with 3.8 K/9 and 2.3 BB/9 in 145 2/3 innings. There wasn't room for the 33-year-old on the Phillies' staff, however. As a veteran player who had a Major League deal in 2011, Pineiro would have obtained $100K if the Phillies had assigned him to the minor leagues.