Angels agree to 1-year deal with Raul Ibanez

The Los Angeles Angels have agreed to a one-year contract with Raul Ibanez, according to a league source. The deal is worth $2.75 million in guaranteed money and can reach $5 million with incentives, according to Jon Heyman of CBSSports.com.

Ibanez, 41, will likely take over the designated hitter spot for the Angels in 2014 after hitting .242 with 29 HR and 65 RBI in 124 games for the Mariners last season. He was linked to the Yankees, Rockies, Mariners, Braves and Rangers this offseason, but the Angels have long-seemed like the favorite to land him.

Jayson Stark of ESPN.com first reported last week that the Angels could strike a deal with Ibanez, and the sides have worked for the last week to get a deal done.

For his career, Ibanez is a lifetime .276 hitter with 300 HR and 1181 RBI in eighteen seasons with the Mariners (1996-2000, 2004-2008, 2013), Royals (2001-2003), Phillies (2009-2011) and Yankees (2012). He hopes to provide an offensive boost for the Angels, who have also added David Freese and Fernando Salas this offseason.

More from MLB Daily Dish

Follow @mlbdailydish Follow @SBNationMLB

• Mariners re-sign Franklin Gutierrez to 1-year, $1 million contract
• Pirates rumors: Ike Davis, Mitch Moreland on Bucs radar
• Cubs sign Jose Veras to 1-year, $4 million contract
• Orioles sign Grant Balfour to 2-year, $15 million contract
• What if Arizona Diamondbacks GM Kevin Towers is Right?