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Los Angeles Angels re-sign closer Raisel Iglesias to $58 million deal

ANAHEIM, Calif. -- Closer Raisel Iglesias agreed to a four-year, $58 million deal Wednesday night to stay with the Los Angeles Angels.

Iglesias was outstanding in his first season with the Angels after they acquired him in a trade with Cincinnati a year ago. The Cuban right-hander had 34 saves while going 7-5 with a 2.57 ERA and 103 strikeouts with only 12 walks in 65 appearances.

His 8.58 strikeout-to-walk ratio was the best of his career, and he finished 11th in the AL Cy Young voting while repeatedly going multiple innings for the Angels, including eight saves longer than three outs.