MLB.com- Grant Balfour signs with the A's now Oakland needs to trade for Homer Bailey.
OAKLAND -- A Major League source confirmed Friday that the A's and right-handed reliever Grant Balfour have agreed on a two-year deal with a club option for 2013, pending a physical.
The A's have not announced the deal and won't do so until the physical is complete, though the Associated Press reported that Balfour is set to earn $3.75 million in 2011 and $4 million in 2012. His club option for 2013 is worth $4.5 million and includes a $350,000 buyout.