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Cleveland Indians emerge as "mystery team" and add Michael Bourn.
The four-year, $48 million contract includes a $12 million option for 2017 that vests with 550 plate appearances in 2016 (via Jon Heyman, CBS Sports). It's structurally very similar to the agreement Cleveland reached with Nick Swisher in December.
Daisuke Matsuzaka and Jason Giambi get minor league opportunities.
According to Jon Heyman, the Tribe has inked the Japanese right-hander to a minor league deal.
Matsuzaka spent six seasons with the Boston Red Sox, so he is very familiar with skipper Terry Francona. He struggled after coming back from Tommy John surgery, however, posting a 8.28 ERA and winning just one decision in 11 starts in 2012.
The 32-year-old could earn as much as $4 million in 2013. Paul Hoynes of The Plain Dealer tweets that he gets $1.5 million of that simply for passing his physical and making it to the majors.
Giambi's deal includes a $750,000 base salary if he makes the roster, according to Hoynes.
The former AL MVP was a serious candidate for the Colorado Rockies managerial job earlier this offseason, and he also turned down an offer to be the team's hitting instructor.
Giambi will primarily serve as a designated hitter in Cleveland, but he could fill in at first base if necessary.