Editor's note: The above video is from Danny Valencia's postgame interview on Aug. 8.

The Oakland A’s agreed to terms with infielder Danny Valencia on a one-year contract for the 2016 season, the club announced on Thursday.

The deal is worth $3.15 million, according to Jon Heyman of MLB Network.

Valencia began the 2015 season with Toronto and was batting .296 with seven home runs and 29 RBI in 58 games when he was claimed off waivers by Oakland Aug. 3.

He hit .284 with 11 home runs and 37 RBI in 47 games with the A’s and combined for a .290 average, a career-high 18 home runs and 66 RBI in 105 games overall.

The 31-year-old right-handed hitter made 45 of his 47 starts with the A’s at third base after making most of his starts with the Blue Jays in left field (27).

Valencia had a .980 fielding percentage in 55 games overall at third base, which was the best among Major League third basemen with 50 or more games.

The A’s have two remaining players eligible for arbitration including Josh Reddick and Fernando Rodriguez.

Oakland A's media services contributed to this report