Indians Re-Sign Jason Giambi, Acquire Colt Hynes

The Indians announced that they have re-signed Jason Giambi to a minor league contract with an invitation to Major League Spring Training and also acquired left-hander Colt Hynes from the Padres in exchange for cash considerations.

Giambi will turn 43 in January and managed just a .183/.282/.371 batting line in 2013. He was a beloved member of the Indians clubhouse however, and provided a number of pinch-hit home runs, including a pair of dramatic walk-off shots. On a minor league deal, there's little risk for Cleveland to bringing him back and seeing if he can force his way onto their roster with a big Spring Training performance.

Hynes, 28, was one of two left-handers to be designated for assignment by the Padres last week in order to create roster space for starters Cory Luebke and Joe Wieland, each of whom was returning from the 60-day disabled list (Tommy Layne was also DFA'ed). A former 31st-round draft pick of the Friars, Hynes made his big league debut this season but allowed 17 runs in 17 innings of work with a 13-to-9 K/BB ratio. He was dominant in the minors, however, posting a 1.52 ERA with an otherworldly 58-to-2 K/BB ratio in 47 1/3 innings between Double-A and Triple-A.