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11:42am: Graveman’s deal comes with a $1.25MM base salary and another $2.5MM worth of incentives, per USA Today’s Bob Nightengale (Twitter link). That will give him the opportunity to earn a bit more than the $3.5MM he’d have taken home had the Mariners picked up his option.

11:35am: That was quick. Just one day after declining their $3.5MM club option on Kendall Graveman, the Mariners announced that they’ve re-signed the right-hander to a new one-year, Major League contract for the 2021 season. It’s surely at a lesser rate than that $3.5MM price point, but the Sports One Management client looks as though he’ll be locked in as a member of the team’s bullpen again next season.

More to come.

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