Woj sources:

Ryan Madson: (Elbow) Signs With Angels

Update: Madson (elbow) officially signed a one-year, $3.5 million contract with the Angels on Wednesday, the Orange County Register reports.

Recommendation: On top of Madson's base salary, he can earn $2.5 million just by being on the roster for a certain amount of days, and an additional $1 million depending on how many games he finishes. Madson is still rehabbing after undergoing Tommy John surgery last year, and it remains to be seen if he will be ready for Opening Day. However, expect new manager Mike Scioscia to consider Madson for the closer's role if he can prove he is still effective after completing his recovery.

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