Brewers sign Francisco Rodriguez to 1-year, $3.25 million deal

The Milwaukee Brewers have reached agreement on a one-year, $3.25 million major league deal with reliever Francisco Rodriguez, according to a baseball source. K-Rod can earn an additional $550K in incentives in award bonuses, as MLB.com's Adam McCalvy first reported.

Rodriguez, 32, will return to the Brewers, who traded him to the Orioles in July after shopping him for much of the summer. He spent parts of three seasons with Milwaukee from 2011 to 2013, notching a 7-8 record and 3.15 ERA in 134 appearances.

Rodriguez will pitch in late-inning relief for the Brewers next season, and may have a chance to compete for the closer's role. He will join Brandon Kintzler, Will Smith and Jim Henderson at the back-end of the team's bullpen.

In twelve major league seasons with the Angels (2002-2008), Mets (2009-2011), Brewers (2011-2013) and Orioles (2013), K-Rod is the owner of a lifetime 41-36 record and 2.70 ERA while notching 304 saves and being named an All-Star on four occasions.