The Marlins have signed Placido Polanco to a one-year contract, the team announced. The agreement with the ACES client includes performance bonuses, according to Danny Knobler of CBSSports.com, who first reported the agreement (Twitter links). Barry Jackson of the Miami Herald first reported that the sides were nearing a one-year, $2.75MM contract.
The Phillies declined their half of the $5.5MM mutual option on Polanco's contract after the regular season, making him a free agent. The 37-year-old hit 15 doubles and posted a .257/.302/.327 batting line in 328 plate appearances this past season. He missed considerable time with back injuries, playing in just 90 games.