Embree has a $2 million salary next year, and the deal contains a $3 million team option for 2010 with a $250,000 buyout. If the option is exercised, Embree can void it and still would get the buyout.
In addition to his base salary, Embree can earn $800,000 in performance bonuses: $200,000 each for 40, 45, 50 and 55 games finished.
Embree was 2-5 with a 4.96 ERA in 70 games last season for the Oakland Athletics, who declined a $3 million option.
The 38-year-old left-hander has played on nine major league teams including Oakland. He pitched in two World Series, with Cleveland in 1995 and Boston in 2004.
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