September 18, 2013; Oakland, CA, USA; Oakland Athletics relief pitcher Grant Balfour (50) reacts after giving up a two-run home run to Los Angeles Angels designated hitter Josh Hamilton (32, not pictured) during the ninth inning at Coliseum. The Angels defeated the Athletics 5-4 in 11 innings. Mandatory Credit: Kyle Terada-USA TODAY Sports

MLB Rumors: Tampa Bay Rays sign closer Grant Balfour

Finally, we have a resolution.

After weeks of speculation, closer Grant Balfour has finally found a home, this after having his physical denied by the Baltimore Orioles earlier in the offseason.

Balfour, who last pitched for the Oakland Athletics will join the Tampa Bay Rays after they signed him to a two-year contract – this according to Ken Rosenthal of Fox Sports.

Balfour deal with #Rays is for two years, per source. Agreement with #Orioles that collapsed was for two years, $15M.

Financials have yet to be released, though it’s expected to be in the same area as Balfour’s previous deal with the Orioles.

Tampa Bay had been looking for a closer throughout the offseason and played around with the idea of re-signing Fernando Rodney, but opted against doing so. They had previously been linked to Balfour before the veteran signed with Baltimore, however they seized their opportunity once that deal was vetoed.

The Washington Nationals also expressed interest in Balfour, though with multiple players with closing experience on their roster, they likely deemed the price too high.

Tags: Grant Balfour Tampa Bay Rays

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