TUESDAY: There's no opt-out clause in Cordero's minor league deal, tweets Peter Abraham of the Boston Globe.

MONDAY: Jon Heyman of CBS Sports tweets that Cordero's base salary upon making the team would be $1MM.

SUNDAY: The Red Sox have signed Francisco Cordero to a minor league deal, according to John Tomase of the Boston Herald (on Twitter). The former closer last appeared in the majors in 2012 with the Astros.

Cordero underwent surgery to his non-throwing shoulder early in 2013 and was said to be targeting 2014 for his big league return. The 38-year-old posted a 7.55 ERA, 7.1 K/9, 4.1 BB/9, 2.06 HR/9, and 39.6% groundball rate in 39 1/3 innings for the Blue Jays and Astros in 2012. He lost the Jays' closer job in May of that year, was traded to Houston in July, and was released by the Astros in September after hitting the DL with a toe injury. Cordero owns a 3.38 ERA, 8.7 K/9 and 4.1 BB/9 over the course of 824 2/3 career innings.