Figueroa and Inglett have the right to elect free agency, but both would forfeit the remainder of their 2011 salaries if they chose the free-agent route. Figueroa accepted his assignment Thursday, and Inglett must decide by Saturday.
Michaels is expected to be activated prior to Friday's game against the Mets. In a five-game rehab assignment with Oklahoma City, he hit .300, with two doubles and two RBIs. He has been on the DL since sustaining a partially separated left shoulder while diving for a ball in left field on April 24 at Milwaukee. He's 2-for-18 for the Astros in 11 games this year.
In two separate big league stints this season, Inglett hit .222 (6-for-27) in what was mostly a pinch-hitting role. Figueroa was 0-3 with an 8.69 ERA in eight appearances (five starts) this season.
Brian McTaggart is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.