Iglesias agreed to a four-year contract with the Angels on Tuesday, Jeff Passan of ESPN.com reports.
Iglesias rejected the $18.4 million qualify offer from the Angels earlier in November, and he'll end up returning to the team on a $58 million deal, per Jon Morosi of MLB Network. The right-hander was acquired by the Halos last offseason and enjoyed a strong first season in Los Angeles, converting 34 of 39 save chances with a 2.57 ERA, 0.93 WHIP and 103:12 K:BB across 70 innings. He's locked in as the Angels' closer for the foreseeable future.