Rays re-signed RHP Kyle Farnsworth to a one-year, $1.25 million contract. There's another $1.35 million available to him through performance-based incentives. Farnsworth, 36, registered a 4.00 ERA in 27 innings last season for Tampa Bay while fighting elbow issues. He will remain in his role as a setup man in front of Rays closer Fernando Rodney.

According to ESPN's Jerry Crasnick, the Rays have reached a one-year agreement with Kyle Farnsworth. The deal will carry a base salary of around $1.5 million and another $1.5 million in performance incentives. Farnsworth, 36, posted a 4.00 ERA in 27 innings last season while battling an elbow injury. He will operate as a setup man in 2013 behind closer Fernando Rodney.

ESPN's Jerry Crasnick reports that free agent reliever Kyle Farnsworth is close to picking a team. Farnsworth has narrowed his choices from six teams to two in recent days and the Rays are one of the finalists. The 36-year-old right-hander posted a 4.00 ERA and 25/14 K/BB ratio over 27 innings in 2012 and missed a large chunk of the season with an elbow injury.

Marc Topkin of the Tampa Bay Times reports that the Rays are "definitely in the mix" for free agent reliever Kyle Farnsworth. FOX Sports' Ken Rosenthal reported Monday that Farnsworth had narrowed his choices from six teams to three and it appears the Rays are one of the finalists. According to Topkin, Farnsworth will make a decision within the next couple of days. The 36-year-old right-hander posted a 4.00 ERA and 25/14 K/BB ratio over 34 appearances with the Rays in 2012.

FOX Sports' Ken Rosenthal reports that interest in Kyle Farnsworth is "intensifying" following the Rafael Soriano signing. Rosenthal writes that Soriano has "multiple offers" and has "narrowed his choices from six teams to three." It's not clear who the finalists are, but Rosenthal notes that the Rays, Tigers, Blue Jays, Mariners, Marlins and Mets are looking for late-inning relievers. Farnsworth posted a 4.00 ERA and 25/14 K/BB ratio over 34 appearances for the Rays in 2012.

The agent for Kyle Farnsworth says he's "very open" to returning to the Rays. Farnsworth missed the first two months of 2012 season due to injury, but posted a 4.00 ERA and 25/14 K/BB ratio over 34 appearances in a setup role behind Fernando Rodney. He's seems likely to return to the Rays on a short-term deal, though the 36-year-old has also received interest from the Brewers this offseason.

Kyle Farnsworth walked four and was charged with three runs in one-third of an inning Wednesday in a loss to the Yankees. It was simply shocking that manager Joe Maddon let Farnsworth continue even after he had walked the bases loaded in a 3-1 game. He was pulled until after the fourth walk forced in a run. It was just Farnsworth's second appearance back from his elbow injury. He was really good last year, but the Rays obviously erred in letting him return to high-leverage situations right away.

Kyle Farnsworth was activated from the DL on Saturday June 30.

Rays activated RHP Kyle Farnsworth from the 60-day disabled list. Farnsworth hasn't appeared in a game this season due to a strained right elbow and will return in a setup capacity behind Fernando Rodney. According to Marc Topkin of the Tampa Bay Times, Farnsworth was clocked at 96 mph with his fastball during his latest rehab minor league assignment.

Kyle Farnsworth (elbow) is expected to be activated from the disabled list Saturday. Farnsworth has looked good and felt healthy during his rehab assignment and is ready to rejoin the Rays bullpen. With Fernando Rodney having an airtight grip on the closer job, Farnsworth will slide into a setup role.