10:24pm: The 2016 vesting option can escalate from $7.5MM to $9MM based on games finished, according to Jim Bowden of ESPN.com (via Twitter). League can also earn an additional $500K per year based on games finished.
8:27pm: League's option for 2016 is worth $7.5MM and will vest if he finishes 55 games in 2015, tweets Dylan Hernandez of the Los Angeles Times.
8:01pm: The deal, negoatiated by League's representatives at ACES, is worth $22.5MM across three years with a vesting option, according to Tim Dierkes (via Twitter).
7:01pm: The Dodgers have re-signed reliever Brandon League, a source tells Dylan Hernandez of the Los Angeles Times (via Twitter). There's no word on the dollar amount yet but Hernandez reports that the deal is for three years (Twitter link).
League's representatives told Hernandez on Saturday afternoon that the two sides were discussing a three-year contract. The 29-year-old earned $5MM last season in his final year as an arbitration eligible player.
The Dodgers acquired League on July 30th for a pair of minor leaguers, outfielder Leon Landry and right-hander Logan Bawcom. In 28 appearances for the Dodgers last season, the California native posted a 2.30 ERA with 8.9 K/9 and 4.6 BB/9. League was less-than-stellar in Seattle but rebounded nicely in Los Angeles and finished out the year as closer.
The Dodgers are hoping to keep most of their bullpen in place and General Manager Ned Colletti has said that he hopes to hang on to League, Jamey Wright, and Randy Choate. As a whole, the Dodgers' pen had a 3.23 ERA on the year, good for fourth-best in the National League and eighth-best in the majors.