Updated

The Tampa Bay Rays signed first baseman year, $7.25 million contract on Tuesday.

Pena, 33, played for the Rays from 2007-10 before joining the Chicago Cubs last season. He batted .225 with a team-leading 28 home runs and 80 runs batted in.

"Carlos is one of the most accomplished players in team history and he is a great fit for our club in 2012 both on and off the field," said Rays executive vice president, baseball operations Andrew Friedman. "He adds to our offense with his power while maintaining the high defensive standard we seek."

Pena's best season was 2007 with Tampa Bay, as he boasted career-best numbers of 46 homers, 121 RBI and a .282 batting average. In his other three years with the Rays, Pena hit just .224, including a mere .196 in 2010. He was an All-Star in 2009, when he led the American League with 39 home runs.

A former Gold Glove winner, Pena has clubbed 258 home runs in a career that began with Texas 11 years ago, but is only a .239 lifetime hitter. He has also played for Oakland, Detroit and Boston.