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The Guardians selected Beede's contract from Triple-A Columbus on Thursday.
Cleveland opened up room for Beede on the 40-man roster by placing Trevor Stephan (elbow) on the 60-day injured list. The 30-year-old Beede is expected to work as a long reliever after striking out 12 while allowing six earned runs on 14 hits and five walks over 13 innings during Cactus League play.
