Last week, the Angels reportedly reached an agreement with free agent Raul Ibanez. The deal was finalized after Ibanez passed his physical today, reports Jeff Fletcher of the Orange County Register. The deal has a base salary of $2.75 million and it can increase to as much as $5 million based on incentives.

Ibanez will turn 42 years old in June and is more or less in uncharted waters when it comes to being as productive as he has at his age. He finished with a .793 OPS in 2013. His adjusted OPS was 123, meaning that after adjusting for league and park factors, his OPS was 23 percent better than the league average. That marked the 18th time in baseball history a player, at least 40 years old, took at least 475 trips to the plate and finished with an adjusted OPS of 120 or better. By the same measure, only Barry Bonds, Stan Musial, Carlton Fisk, Honus Wagner, and Luke Appling had a better offensive output at the age of 41 or older.

Ibanez will serve as the primary DH for the Angels and should not see much, if any, time in the outfield.

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