Posted: Thursday December 20, 2012 11:19 AM

Pelfrey, Twins finalize $4 million, 1-year deal

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MINNEAPOLIS (AP) - Right-hander Mike Pelfrey and the Minnesota Twins have finalized a $4 million, one-year contract.

The 28-year-old made just three starts for the New York Mets last season and had elbow ligament-replacement surgery on May 1.

He went 50-54 with a 4.36 ERA in seven seasons with the Mets.

His deal, agreed to last weekend and completed Thursday, includes $1.5 million in performance bonuses: $100,000 for 150 innings, $150,000 for 160 innings, $250,000 each for 170, 180 and 190 innings and $500,000 for 200 innings.

 
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