The Rays announced that they signed right-hander Fernando Rodney to a one-year deal that includes club option for 2013. Rodney will earn $1.75MM in 2012 and has a $2.5MM option for '13 with a $250K buyout, tweets ESPN's Enrique Rojas. The Associated Press first reported the deal (link in Spanish via ESPN).

“Fernando’s pure stuff is top-notch and can beat hitters both in and out of the strike zone,” Rays Executive VP of baseball operations Andrew Friedman said. “We feel he will be able to maximize his ability with us to further strengthen our bullpen.”

Rodney posted a 4.50 ERA with more walks (28) than strikeouts (26) and a 58.4% ground ball rate in 32 innings of work for the Angels in 2011. The 34-year-old has a 4.29 ERA with 8.2 K/9, 4.9 BB/9 and a 49% ground ball rate in nine seasons with the Tigers and Angels. Rodney told the AP that he hopes to compete to be the Rays' closer in 2012 and that he’s feeling good physically and mentally.