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Hamilton, Angels agree to 5-year deal

LOS ANGELES — Josh Hamilton is heading to the Los Angeles Angels, lured with a $125 million, five-year contract that steps up the migration of high-profile stars to Southern California.

The Angels persuaded the free-agent outfielder to leave the Texas Rangers with their third big-money offseason signing in as many years. Hamilton heads to Anaheim after first baseman Albert Pujols came West for $240 million last December along with pitcher C.J. Wilson — Hamilton's Texas teammate — for $77.5 million.

Still, the Angels failed to make the playoffs for the third straight year.

They had bulked up their pitching staff earlier in the offseason with the additions of pitchers Joe Blanton and Tommy Hanson, along with relievers Sean Burnett and Ryan Madson.

General manager Jerry Dipoto had said Wednesday that he didn't think a major move was "imminent or required."

But owner Arte Moreno pulled off another coup by getting Hamilton. The 2010 AL MVP, Pujols and AL Rookie of the Year Mike Trout combined for 103 home runs and 316 RBIs last season.

Hamilton's $25 million average salary matches Philadelphia first baseman Ryan Howard for the second-highest in baseball, trailing only Alex Rodriguez's $27.5 million average with the New York Yankees.

Giants

Andres Torres is returning to the San Francisco Giants, who gave the outfielder his first chance as a regular two years ago.

Torres agreed to a $2 million, one-year contract Thursday with the reigning World Series champions. He must pass a physical to finalize the deal, Giants vice president of baseball operations Bobby Evans said.

Also Thursday, the Giants reached a minor league deal with right-hander Chad Gaudin, familiar with the Bay Area after pitching for Oakland from 2006 through part of the 2008 season and again for a short stint in 2010. If Gaudin is placed on the 40-man roster, he would earn $750,000 while in the majors and $150,000 while in the minors. He also could make an additional $50,000 each for 35, 40, 45, 50 and 55 games pitched in the big leagues.

Red Sox

The Boston Red Sox have agreed to terms with right-hander Ryan Dempster on a two-year contract worth $26.5 million, two people familiar with the negotiations said Thursday.

Dempster, 12-8 with a 3.38 ERA this year, gives the Red Sox a reliable pitcher who has thrown more than 200 innings for four of the past five seasons. He was 5-5 with a 2.25 ERA with the Chicago Cubs this year before being traded to Texas.