Padres, Joaquin Benoit have two-year contract agreement

The Padres have bolstered their bullpen with Joaquin Benoit.
The Pardes have bolstered their bullpen with Joaquin Benoit. (USATSI)

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The Padres and right-handed reliever Joaquin Benoit have agreed to a two-year contract, reports Jon Heyman of CBSSports.com. The deal is worth $15.5 million and is pending a physical.

Benoit, 36, figures to serve as Huston Street's setup man even though he saved 24 games for the Tigers in 2013. Benoit has a 2.53 ERA (164 ERA+) in 259 1/3 innings since returning from major shoulder trouble four years ago. He's been one of the best late-inning relievers in the game.

Fellow free agent closer Grant Balfour signed with the Orioles for a similar two-year, $15 million contract on Tuesday. The Padres traded Luke Gregerson to Athletics two weeks ago and needed another reliever to solidify the bullpen.

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