The and outfielder are close to reaching terms of a 1-year deal.
The Angels waited out the market for prices of top free agents to fall. Abreu will take a huge paycut from 2008 when he made $16 million. The new deal is reported to be for around $5 million.
After losing in the offseason, the Angels are hoping Abreu's aging bat can provide some pop.
The Angels were expected to move to the outfield and give prospect a shot at third base. The signing of Abreu changes means Figgins will stay at third.