According to the AP via ESPN, the Angels have released RHP Justin Speier. The 35-year-old has put up a 5.18 ERA and 39/15 K/BB ratio in 40.0 innings this season.
Speier is in the third year of a four-year deal worth $18MM and he's set to earn $5.25MM in 2010. With his past success, you can bet he'll find work somewhere else.