The Tampa Bay Rays are re-signing reliever Juan Carlos Oviedo, according to Marc Topkin of the Tampa Bay Times. A source notes that Oviedo will receive a one-year, major league contract. Financial terms are unknown at this time.
Oviedo, who was formerly known as Leo Nunez, spent the entire 2013 season rehabbing after undergoing Tommy John surgery. The Rays recently declined his $2 million option for 2014, instead opting to pay him a $30K buyout.
Oviedo last appeared in the major leagues with the Marlins in 2011, when he posted a 4.06 ERA and 36 saves in 64.1 innings over 68 appearances. He was the team's closer from 2009 to 2011, posting a cumulative 3.86 ERA and 92 saves over those three seasons. The 31-year old previously spent parts of four seasons with the Royals, and has a career 4.34 ERA in 317 lifetime appearances.
Oviedo is the second low-risk bullpen addition for the Rays this winter, joining fellow right-hander Mark Lowe. Both Oviedo and Lowe will likely have a chance to crack the team's major league bullpen in spring training, or could see time at Triple-A Durham.