The Rays re-signed left-handed reliever J.P. Howell on Monday, the St. Petersburg Times ' Marc Topkin writes .
Howell, who missed all of 2010 with a shoulder injury, isn't expected to be ready until after the 2011 season begins.
The Rays non-tendered Howell earlier this month. As Topkin points out, it was likely to be able to give him a pay cut. Howell was arbitration eligible and could be offered only a 20 percent cut if offered arbitration. He made $1.8 million last season and a 20 percent cut would still come out to $1.44 million. Whatever his new deal is, it's likely for less than that amount.
UPDATE: Topkin tweets that Howell's deal is worth $1.1 million plus incentives.
-- C. Trent Rosecrans