Bucs Re-Sign Jason Grilli to Two-Year Deal

Ken Rosenthal is reporting that Jason Grilli has (for real this time) re-signed with the Pirates for two years pending a physical. Terms have not yet been disclosed.

Also, this might be a first:

Grilli preferred Pirates. Turned down slightly bigger offers elsewhere to stay.

— DKnobler (@DKnobler) December 10, 2012


Grilli has been superb for the Pirates since his acquisition in 2011, posting a 2.76 ERA and a 12.5 K/9 ratio in 91 1/3 innings over his 1 1/2 seasons serving as the team’s setup man. He is now 36 years old but really showed no signs yet of ineffectiveness.

This deal also leads us to the question, “Does this make Joel Hanrahan more expendable?” A trade involving Hanrahan could provide some much-needed help in other areas with Grilli poised to handle late-inning situations for a couple of years.

UPDATE – 4:40 PM:

Jon Heyman is reporting that Grilli’s deal is worth $6.75 million over the two years of the contract.