Perez, the former Cardinals and Indians reliever, went 5-3 with a 4.33 ERA and a 1.426 WHIP in 54 games (87 ERA+) with Cleveland in 2013. He added a 9.0 SO/9 rate, a 3.5 BB/9 rate, and a 9.3 H/9 rate while striking out 54 in 54 innings pitched. Perez added 25 saves in 30 opportunities in 2013. He was sidelined for 28 games with a rotator cuff injury, which ultimately lowered his stock this winter. After returning from his injury through the end of the season, Perez went 3-2 with a 4.34 ERA while saving 19 of his 22 opportunities in that stretch.
Over his career, the 28-year-old has gone 15-21 with a 3.41 ERA and a 1.219 WHIP with the St. Louis Cardinals (2008-2009) and the Cleveland Indians (2009-2013). He has also posted a 117 ERA+ while averaging 26 saves per year.
The Dodgers and Perez agree to a low-risk, high-reward type of deal. Although he was injury-ridden last year, Perez did finish the season very strong and has been a great reliever in the past. You can expect Perez to come back and pitch well for the Dodgers, who had decent relief pitching in 2013 (Reliever's ERA - 3.49; 13th in MLB). Perez should help bolster that staff and be a nice option in the seventh or eighth innings going forward.