According to multiple reports, the Orioles agreed to terms on a three-year, $35 million contract with RHP Yovani Gallardo. The deal includes an option for a fourth year worth $13 million, and is pending a physical, which is never a given when it comes to the Peter Angelos owned Orioles. Gallardo will make $9 million this season, $11 million in 2017 and $13 million in 2018. The fourth year, $13 million club option has a $2 million buyout.
Gallardo’s physical is scheduled for Monday. According to Ken Rosenthal, preliminary medicals raised no issues for the Orioles’ staff. The Orioles will forfeit the 14th pick in June’s Draft once the deal with Gallardo is completed.
Roch Kubatko reported the Orioles are “still determined to sign” Dexter Fowler. The Orioles would lose the 28th overall pick to land Fowler. The Orioles have been talking to Fowler about a two-year contract for around $24 million according to Kubatko that includes an option for a third year.
Reports last week suggested the first step on Fowler signing with the Orioles would be Dan Duquette adding Gallardo to his rotation.
Will update as additional information becomes available …