Ohman signs for $1.55 million

The Dodgers signed reliever Will Ohman to a one-year minor league contract with major league terms worth about $1.55 million with a $2 million club option for 2010 with a $200,000 buyout.

Ohman can exercise an out clause on April 14 if he’s not called up to the major leagues, but the Dodgers are expected to call him up by then.

Assuming that happens, Ohman gets a $1.35 million base salary plus possibly approximately another $200,000 in incentives based on games pitched and games finished.