According to Mike DiGiovanna of the Los Angeles Times, the Los Angeles Angels of Anaheim have signed right-handed reliever Jason Isringhausen to a minor league deal with an invite to spring training camp. The 39-year-old reliever told Adam Rubin of ESPN back in September he planned on playing in 2012.

Isringhausen, 39, sat out 2010 while he rehabbed from injury but made a comeback with the Mets last season. He posted a 4.05 ERA across 46 2/3 innings of work with the club. Despite at the seasoned age of 39, he struck out 8.5 batters per nine innings, which was his best since 2003. The veteran reliever gives the Angels another option as the club looks for bullpen depth.

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Very quietly, the New York Yankees are having themselves a very productive offseason. I have liked all the moves they have made and especially the ones recently. Adding Raul Ibanez and Eric Chavez at a minimal cost for depth were shrewd moves by GM Brian Cashman and now he has made another solid acquisition.

The Yankees have signed RHP David Aardsma to a Major League deal worth $500,000 according to Bryan Hoch of MLB.com. Aardsma has spent the past three seasons with the Seattle Mariners.

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The Cleveland Indians have traded Kelvin De La Cruz to the Texas Rangers, according to Paul Hoynes of the Cleveland Plain Dealer. De La Cruz is the the left-handed pitcher the Indians DFA'd to make room for the recent Casey Kotchman signing.

De La Cruz, 23, has 6 seasons of minor ball under his belt, all within the Indians' system. He spent 2011 in double-A Akron, where he went 5-6 with a 4.19 ERA over 86 innings.

The Rangers are clearly getting a project here. The deal is for cash considerations, according to Jordan Bastian.

• Twitter / @hoynsie: #Indians trade LHP Kelvin ...
  Indians trade LHP Kelvin De La Cruz to Texas. Was DFA'd to make room for Casey Kotchman.
• Twitter / @hoynsie: #Indians are close to trad ...
  Indians are close to trading Kelvin De La Cruz, a left-hander they designated to make room for Casey Kotchman.
• Cleveland Indians Complete Organizational Chart - MLB Daily Dish
  Rosters, Salaries, Leadership, Prospects, and Arbitration/Option details for the entire Indians Org.

The New York Yankees have officially announced agreement of a one-year, $1.1 million contract with outfielder Raul Ibanez. The deal was first reported by ESPN's Buster Olney, and it could potentially be worth up to $4 million if Ibanez manages to reach all of his performance incentives.

Ibanez, 38, is coming off a rough year with the Philadelphia Phillies. Despite hitting 20 home runs and 31 doubles, he posted a brutal .245/.289/.419 line while displaying an unusually awful brand of outfield defense. He'll be spending most of his time as a designated hitter with New York, which obviously removes defense from the equation, but he'll have to get back to taking more walks.

An above-average hitter in every single season from 2001 to 2010, Ibanez posted his worst walk rate since 1998 with the Phillies last season, nearly dropping in half from the previous season. The power is still intriguing, though, and at a low price it's reasonable to see if he can find some comfort with the Yankees' short porch.

Carrie Muskat from MLB.com reports that Blake DeWitt accepted a minor league assignment, being outrighted to Triple A after he was designated for assignment last week. DeWitt is in Chicago Cubs camp as a non roster invitee.

DeWitt will make $1.1 million this season, and he was removed from the 40 man roster after the Cubs acquired Adrian Cardenas from the Oakland Athletics earlier in the month. If he plays well this spring, DeWitt could work his way back onto the Major League roster.

DeWitt was acquired from the Los Angeles Dodgers at the trading deadline of 2010, where the Cubs sent Ryan Theriot and Ted Lilly to the Dodgers. DeWitt played second, third and outfield for the Cubs during last season, but put p mediocre numbers at the plate, and the Cubs were not to reluctant to DFA him this month. He will most likely start the season with the Iowa Cubs.

The Philadelphia Phillies and right-handed pitcher Kyle Kendrick have agreed to a two-year deal worth $7.5 million, the club announced today via Twitter. In case you forgot, the Phillies and Kendrick avoided salary arbitration with the righty when they signed him to a one-year, $3.6 million deal in January, as our very own Satchel Price wrote.

Kendrick, 27, has played each of his five seasons with the Phillies, and has earned a 4.41 ERA for his career. This was the first year he was arbitration eligible and made $2.45 million in 2011. He started 15 games last season, winning 8, but spent the rest of his time out of the bullpen and will likely resume that role in 2012.

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Relief pitcher Hideki Okajima failed his physical with the New York Yankees on Friday and likely won't be joining the team going forward, according to David Waldstein of the New York Times. The Yankees signed Okajima to a minor league deal earlier in the offseason but it appears that his stint with the Yankees will be short lived.

Under the assumption that the deal between Okajima and the Yankees is voided because of the physical, he'll return to the free agent market. Obviously that return will come with significant questions about his health, which certainly doesn't help a guy that already struggled during the 2011 season.

Okajima, now 36, made just seven appearances with the Boston Red Sox in 2011, posting a 4.32 ERA over eight innings. He spent most of the year in Triple-A, posting a 2.29 ERA in 51 innings with 48 strikeouts and just nine walks. In the Japanese pitcher's first three years with the Red Sox, Okajima posted a 2.72 ERA over 192 innings.

According to Roger Mooney of the Tampa Tribune, the Tampa Bay Rays have signed free agent catcher Chris Gimenez to a minor league deal today. The Seattle Mariners designated Gimenez for assignment last week, and he soon elected free agency before the Rays picked him up.

The Mariners re signed Gimenez in December to a major league deal after they had non tendered him. 29 years old, Gimenez has 267 career plate appearances in several MLB stints in the past two seasons.

A 19th round pick by the Cleveland Indians in 2004, Gimenez saw the MLB for the first time in 2009 on June third. He had a total of 75 at batsgame with the Indians before being released and then signed by Seattle last season, where he played in 24 games. He hit .203 in those games, the highest batting average of his career.

He is expected to start out his Rays career in Triple A.