It's Official: Giambi is Back With A's

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    NEWSLETTERS

    Getty Images
    NEW YORK - JULY 05: Jason Giambi #25 of the New York Yankees slides home for a run in the second inning against the Boston Red Sox on July 5, 2008 at Yankee Stadium in the Bronx borough of New York City. (Photo by Jim McIsaac/Getty Images)

    Jason Giambi is returning to his professional baseball roots with the Oakland Athletics.

    Giambi and the A's have finalized a one-year contract with an option, bringing the free-agent designated hitter and first baseman back to the place he began his big league career.

    The sides had reached a preliminary agreement earlier this week but Giambi still needed to complete the obligatory physical Wednesday for the deal to get done.

    Giambi, who turns 38 on Thursday, follows a line of aging and injury-prone designated hitters in recent years with the A's -- Frank Thomas, Mike Piazza, Mike Sweeney and then Thomas again. Giambi also could play some first base to give Daric Barton a break from time to time.

    There is a 2 p.m. news conference at the colesium.

    There are reports that it is actually a two-year deal for $4 million the first year and $6.5 milllion the second year.

    Giambi turns 38 this week.