Moneyball? Athletics see value in signing troubled slugger Ramirez

PHOENIX -- Manny Ramirez found a taker in Oakland -- at a bargain price.

The suspended slugger agreed on a minor league contract Monday with the Athletics that is worth approximately $500,000 if he's added to the big league roster.

The A's announced the deal and said Ramirez is expected to report to spring training by the end of the week, in time for Oakland's first full-squad workout Saturday. He is a non-roster invitee.

The 12-time All-Star is due to serve a 50-game suspension for his second positive drug test before he can play for the A's. Barring rainouts, his first game could be May 30 -- on his 40th birthday. But that didn't deter general manager Billy Beane and the Athletics.

"I am very pleased Billy was able to add Manny to our team," owner Lew Wolff said in an email. "I look forward to welcoming him and the entire team that Billy and his people have assembled for the coming season."

ESPN first reported earlier in the day that the sides had reached an agreement, speaking directly to Ramirez.

The A's made public their interest in the enigmatic outfielder, who had been working out in Florida this winter. Starving for offense, Oakland finished third in the American League West last season at 74-88 and ranked 12th out of 14 AL teams in runs.

For the small-budget A's, Ramirez presents little financial risk. They don't have to pay him during his suspension and will give him per diem money during the club's spring training stint in Phoenix, which is shorter than usual because of two season-opening games in Japan next month.

Oakland sent representatives to Florida this winter to watch workouts by Ramirez, who retired from the Tampa Bay Rays last season rather than serve a 100-game suspension. For Ramirez, this could become a chance to help mend his reputation -- at least a little bit -- and serve as a positive clubhouse influence on a young team.

The A's recently agreed to terms on a $36 million, four-year contract with highly regarded outfielder Yoenis Cespedes, a Cuban defector who has expressed interest in playing with Ramirez.

At baseball's winter meetings in December, it was announced that Ramirez had applied for reinstatement. He had his suspension for a second failed drug test cut to 50 games because he sat out nearly all of last season. MLB had announced his retirement on April 8, saying he was notified "of an issue" under the drug program.

Ramirez ranks 14th on the career list with 555 home runs. He went 1-for-17 (.059) in five games last season for Tampa Bay, which had signed him to a one-year deal worth $2.02 million.