Giambi in, Perez out in Cleveland

The Indians wasted no time getting down to business on Thursday, re-signing designated hitter Jason Giambi to a Minor League deal and releasing closer Chris Perez.

The Tribe also traded for Minor League left-handed reliever Colt Hynes from the Padres for cash considerations.

Giambi was an important presence off the bench and in the clubhouse for the Indians this season and is expected to fulfill a similar role in 2014. He was signed to a Minor League deal with a non-roster invite to Major League Spring Training. The slugger hit three pinch-hit home runs and drove in 31 runs in 71 games (54 starts at DH), leading the club with an RBI per at bat ratio of 6.0ab/RBI in 2013.

Perez, the team’s former closer, struggled down the stretch in 2013 and was granted his unconditional release on Thursday. He will become a free agent after going 5-3 with a 4.33 ERA in 54 relief appearances.

– Joey Nowak

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