Dodgers sign League, ChiSox sign Peavy, A's release Braden

A multitude of transactions occurred around MLB today, with the Dodgers re-signing reliever Brandon League, the Chicago White Sox signing starter Jake Peavy, and Oakland announcing pitcher Dallas Braden has cleared waivers and refused an outright assignment, making Braden a free agent.

Peavy was expected to become a free agent by virtue of the White Sox declining their $22 million team option on him for 2013, but Chicago locked him up during their exclusive negotiating window on a 2 year, $29 million deal with a vesting option for 2015.

Peavy was someone I thought could be a possible fit for the Rangers this offseason on a short-term deal.

The terms of League's deal with Dodgers have not been announced, but it is supposedly a three year deal, and I'd guess it is for $15-18 million, total.

Braden threw a perfect game in 2010 for the A's, but threw just 18 innings in 2011 and didn't pitch in 2012 after undergoing two shoulder surgeries.

UPDATE -- Jim Bowden says on Twitter League's deal is "north of $7.1 million per year." So I'm guessing $21.5 million for three years. For a reliever with a 3.60 ERA in his career and who strikes out less than 7 batters per 9 IP. Insanity.

UPDATE II -- Tim Dierkes is saying League is getting $7.5 million per year, and has a vesting option.

UPDATE III -- Dylan Hernandez says it is 3 years, $22.5 million. Unbelievable.