Pirates Officially Sign Scott Olsen

The Pirates officially signed Olsen.

The Pittsburgh Pirates have officially signed left hander Scott Olsen, according to the team’s Twitter feed.  We learned yesterday that Olsen received a one year deal for $500,000, with up to $3 M in performance bonuses.  We also learned that the deal includes a club option for $4 M for the 2012 season.  No word on whether there is a buyout on that option, although it could be for $500,000, since the deal was originally reported to be around $1 M.

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