The deal will pay the 40-year-old Thome $3 million and includes performance bonuses, Major League Baseball reported on their official website (www.mlb.com).
The five-times All-Star hit .283 with 25 home runs in 108 games last year. He is 11 home runs shy of becoming the eighth Major Leaguer to hit 600 homers.
(Reporting by Gene Cherry in Salvo, North Carolina. Editing by Frank Pingue)