The Angels are not expected to make that offer because it would push them up against the $189-million luxury tax threshold for 2014, but that wouldn't preclude them from pursuing a multiyear deal with Vargas, who has expressed a desire to remain in Anaheim.
If they made a qualifying offer to Vargas, who would probably decline it, the Angels would be entitled to draft-pick compensation if Vargas signs elsewhere.
Vargas, who has a 51-58 career record and 4.30 ERA in 174 games over eight seasons, missed almost two months from mid-June to mid-August because of surgery to remove a blood clot in his left armpit.
The Angels made two huge splashes in free agency the previous two winters, signing first baseman
But payroll concerns — the Angels have $126.5 million committed to 10 players, including
Instead, General Manager Jerry Dipoto will spend much of the off-season pursuing deals for young pitchers, using players such as