The Rays announced the deal Monday, two days after Schimpf was designated for assignment to clear room on the 40-man roster for free agent outfielder Carlos Gomez, who signed a $4 million, one-year contract.
The 29-year-old Schimpf began last season as San Diego's starting third baseman and batted .158 with 14 homers and 25 RBIs in 53 games. The Rays acquired him in December for a minor league prospect.
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