FanHouse's Matt Snyder told you yesterday that the Angels were on the verge of signing free agent Bobby Abreu to a one-year deal, and now after months of waiting, Abreu finally has a new team. The Angels made it official this morning, and have signed Abreu to a one-year deal worth $5 million.
There are incentive clauses in the contract as well, but even with those Bobby is going to fall short of the $16 milion he made as a Yankee last season. Still, even though this wasn't what Abreu had been hoping for this offseason, for the Angels, this is a nice move.
First of all, getting a player like Abreu who has produced consistently and driven in 100 runs or more for the last six seasons at only $5 million is a steal. Plus, since it's just a one-year deal, if age suddenly catches up to him the Halos aren't on the hook for next season.
Then there's the fact that the Angels lost both Mark Teixeira and Francisco Rodriguez to free agency this offseason, and Abreu will be able to make up for some of Teixeira's production for a fraction of the cost. He also gives the team a left-handed option amongst their surplus of outfielders, and though his defense isn't that great, he can give Vladimir Guerrero a day off here and there.