"Jae expressed a desire to get something done in advance of the arbitration process," said Andrew Friedman, Rays executive vice president of baseball operations. "And for us, it is nice to get this done in advance of what looks to be a busy winter. We're excited to have Jae back."
Seo's deal includes a $1.2 million base with incentives.
Seo, 29, came to the Rays along with catcher Dioner Navarro in a June 27 trade that sent catcher Toby Hall and left-hander Mark Hendrickson to the Dodgers.
Seo went 1-8 with a 5.00 ERA in 17 games with the Rays, of which 16 were starts. The native of Kwanju, South Korea, posted a 2-4 record with a 5.78 ERA in 19 appearances for the Dodgers, 10 of which were starts.
The Rays liked Seo's competitiveness and witnessed his fastball improving from the mid-80-mph range to low 90s after making a few adjustments to his delivery. Seo should be one of the Rays' five starters in 2007.
Other Rays players eligible for arbitration include Travis Harper, Seth McClung, Josh Paul, Ty Wigginton and Tyler Walker.
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