The December 3rd, 2013 edition of daily news for the Los Angeles Angels including Jepsen tendered, Williams, Hanson and Nelson cut loose and much more...
The Monkey Says: This is not a surprise but there was at least some thought that the Halos could try and save a few bucks by cutting Jepsen loose. Instead, they will tender him a contract which is estimated to be about $1.4 million. This should give Jepsen a huge edge on the final spot in the Halo bullpen, though it is certainly possible he could be traded before the season if someone else in camp beats him out. This is a good problem to have. Jepsen might be incredibly frustrating, but he has good stuff and would be a lot easier to stomach as the last guy in the pen as opposed to a primary setup man.
The Monkey Says: He'll almost certainly land a big league deal somewhere, likely with a non-contending NL team in need of a guy to soak up innings. He might even get close to the $4 million that he was projected to earn in arbitration. That likely interest wasn't enough for the Angels to parlay into a trade though.