The Los Angeles Dodgers have signed Cuban infielder Hector Olivera to a six-year contract worth $62.5 million, agent Greg Genske said.
The agreement includes a $28 million signing bonus, Genske said Tuesday.
The deal also includes an option for a seventh year, worth $1 million, if Olivera needs Tommy John surgery, an industry source told MLB.com. Olivera has a small tear in the ulnar collateral ligament in his right (throwing) elbow, according to a recent MRI, the source told MLB.com. Yahoo! Sports also recently reported there was concern Olivera had damaged his UCL.
Olivera's camp denied any UCL injury following the Yahoo! Sports report.
Olivera, who turns 30 next month, drew interest from several other teams, including the Braves, Padres, Marlins and Yankees.
MLB.com was first to report Olivera's deal with Los Angeles.
Olivera will join a crowded Dodgers infield that already features second baseman Howie Kendrick and shortstop Jimmy Rollins. Olivera likely will have the best chance to play third base, where Juan Uribe is expected to start.
Los Angeles also has Cuban infielder Alex Guerrero, who has impressed this spring, and highly touted shortstop prospect Corey Seager.
Information from The Associated Press was used in this report.