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Indians Sign Dan Wheeler

By Ben Nicholson-Smith | January 29, 2012 at 9:17pm CDT

SUNDAY: Wheeler will earn $900K if he makes the Major League roster, tweets Jordan Bastian of MLB.com.  Wheeler can make an additional $50K every 5 games he appears in from 45-70 games, $50K for 35 games finished, $75K for 40 games finished, and $125K each for 45 and 50 games finished.

THURSDAY: The Indians announced that they signed reliever Dan Wheeler to a minor league contract. Diamond Sports Management represents the right-hander.

Wheeler, 34, posted a 4.38 ERA with 7.1 K/9, 1.5 BB/9 and a 32.0% ground ball rate in 49 1/3 innings for the Red Sox in 2011. Boston declined its option on Wheeler after the season, but did offer arbitration. Wheeler, who earned $3MM in 2011, declined in a decision that likely cost him guaranteed money. Wheeler has a 3.88 ERA with 7.9 K/9, 2.7 BB/9 and a 35.7% ground ball rate in his 12-year MLB career.

As Alex Speier of WEEI.com points out on Twitter, the Red Sox won't get a compensatory draft pick for losing Wheeler, since he didn't sign a Major League deal.

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