Randy Wolf signs with Brewers

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Former Dodger Randy Wolf has found a home with the Milwaukee Brewers, who also added former Astros reliever LaTroy Hawkins today.

Wolf, who was not offered salary arbitration by the Dodgers, got a three-year deal with a club option for a fourth season. The team refused to confirm the agreement, pending a physical. Tim Brown of Yahoo Sports says Wolf is guaranteed just less than $30 million, with other media reports putting the value at $29 million.

Arn Tellem, Wolf’s agent, called Dodger General Manager Ned Colletti this morning to offer the team one last shot at Wolf, a Canoga Park native. But the Dodgers, who never got past the preliminary stages in talks with Tellem, found the asking price to be too high.

‘I said ‘that’s not us. That’s our interest level,’ ‘ Colletti said

Wolf, 33, was 11-7 with a 3.23 ERA in a career-high 34 starts for the Dodgers.

Hawkins, who turns 37 later this month, could provide depth to the Brewer bullpen after posting a 1.71 ERA in 84 1/3 innings in Houston spread over 2009 and part of 2008.

Another long-rumored deal also was completed today when the Yankees and Andy Pettitte agreed on a one-year, $11.75-million deal. Pettitte, 37, was 14-8 with a 4.16 ERA for New York in a 2009 season that ended with him winning the clinching game of the World Series.

-- Kevin Baxter in Indianapolis

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Ned Colletti doesn’t regret not offering arbitration to Wolf.