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Ramon Ramirez is back with the Giants, joining Angel Pagan and Andres Torres

Ramon Ramirez

San Francisco Giants relief pitcher Ramon Ramirez throws against the Florida Marlins during an baseball game in Miami, Sunday, Aug 14, 2011. The Giants won 5-2. (AP Photo/Steve Mitchell)

AP

Last offseason the Giants traded outfielder Andres Torres and reliever Ramon Ramirez to the Mets for outfielder Angel Pagan. And now they have all three players.

Pagan re-signed with the Giants for $40 million over four years, they signed Torres to a one-year, $2 million deal in December, and now Jon Heyman of CBSSports.com reports that they’ve also signed Ramirez.

So the Giants made a great trade that helped them win a World Series and then inexpensively reacquired the two players they traded away. There’s a chance they’ll end up regretting the big contract for Pagan, of course, that’s pretty good work in general.

Ramirez mostly struggled last season with a 4.24 ERA and 52/35 K/BB ratio in 64 innings for the Mets, but the 31-year-old right-hander has a 3.32 career ERA and was fantastic for the Giants the first time around.