The Rays have signed Cory Wade to a minor league contract and assigned him to Triple-A Durham, according to Roger Mooney of the Tampa Tribune (on Twitter). Wade is represented by Casey Close of Excel Sports Management.
Wade, who turns 30 at the end of the month, spent the 2011-12 seasons pitching out of the Yankees' bullpen. He posted a 4.23 ERA, 7.8 K/9 and 1.8 BB/9 in that time, but the two seasons were wildly different. In 39 2/3 innings for the Bombers in 2011, Wade posted a pristine 2.04 ERA. That number rose by more than four runs in 2012 as he finished with a 6.46 ERA in an even 39 innings.
Originally drafted by the Dodgers in 2004, Wade has a 3.65 ERA, 6.9 K/9, 2.1 BB/9 and 39.5 percent ground-ball rate in 177 2/3 innings between Los Angeles and New York.