Olt announced his retirement from baseball Friday, Robert Murray of The Athletic reports.
Once a well-regarded prospect, Olt's career didn't end up panning out as he would have hoped. He last played in the big leagues in 2015 and hit just .168/.250/.330 over 400 major-league plate appearances.
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Twins' Mike Olt: Released by Twins
Rotowire
Olt was released by the Twins on Saturday, Brandon Warne of ZoneCoverage.com reports.
Olt failed to win even a spot on the Twins' Triple-A roster. As a 30-year-old who hasn't played in the majors since 2015, Olt is unlikely to play a significant role anywhere this season.
Olt signed a minor-league contract with the Twins on Sunday, according to his personal Instagram account.
Olt spent the majority of the 2018 campaign with Triple-A Pawtucket, hitting .224/.357/.430 with 11 homers in 71 games. The 30-year-old hasn't appeared in the majors since 2015 and owns a career .580 OPS across parts of three major-league seasons, so he's nothing more than organizational depth.
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Red Sox's Mike Olt: Inks minors deal with Red Sox
Rotowire
Olt agreed to a minor-league deal with the Red Sox, Chris Cotillo of SB Nation reports.
After spending all of 2017 with the Red Sox's Double-A affiliate, he returns to Boston's farm for another season. The 29-year-old hit .245/.332/.436 with 16 home runs in 448 plate appearances last season at Double-A and will simply provide organizational depth this season.
