According to various media reports, late Wednesday evening the Washington Nationals reached an agreement with free agent right-handed pitcher Yusmeiro Petit on a 1-year deal worth $2.5 million plus a $3 million club option for 2017 with a $500,000 buyout: this option also vests if Petit reaches 80 innings pitched this year. Petit has spent the past four seasons pitching for San Francisco and became a free agent after the Giants decided not to tender him a contract earlier this month.

Before digging into the numbers, Petit is probably best known to baseball fans for his impressive 2014 feat retiring a major league record 46 consecutive hitters to break Mark Buehrle’s previous mark. Nationals’ fans will more likely remember Petit for his performance in Game 2 of the 2014 NLDS, when he threw 6 innings of scoreless baseball for the Giants to help capture the victory.

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Petit should replace Craig Stammen in Washington’s bullpen next season, acting as a multi-inning middle reliever capable of making the occasional emergency start when necessary. The Nationals sorely lacked this type of pitcher in 2015 and his presence provides excellent depth to both the starting rotation and the bullpen. Washington’s front office has overhauled their bullpen with the signings of Oliver Perez and Shawn Kelley, plus the acquisition of Trevor Gott, and now Petit will add a valuable veteran to the relief corps. Far from a headline type deal, Petit is an early favorite for one of the best value signings this winter.

NatsGM Grade ->      A- / B+