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)

MORE: FA tracker: position players | FA tracker: pitchers

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.

CBS Sports Writer

Mike Axisa joined CBS Sports in 2013. He has been a member of the BBWAA since 2015 and has previously written about both fantasy baseball and real life baseball for MLBTradeRumors.com, FanGraphs.com, RotoAuthority.com,... Full Bio

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