Derrek Lee with Braves

Derrek Lee’s one-year deal with Orioles worth $7.25 million plus incentives

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Derrek Lee and the Orioles are making their one-year deal official today, and Don Connolly of the Baltimore Sun reports that the contract is worth $7.25 million in guaranteed money plus another $2.75 million in potential “performance bonuses.”

Lee just finished a five-year, $65 million deal signed with the Cubs in 2006, but is a 34-year-old coming off a career-worst season filled with thumb problems and the going rate for a veteran first baseman/corner outfielder coming off a down or injury wrecked season appears to be around $8-10 million.

Lance Berkman got $8 million from the Cardinals. Carlos Pena got $10 million from the Cubs. Magglio Ordonez got $10 million from the Tigers. And on the low end Hideki Matsui and Lyle Overbay each got $5 million. Lee’s deal could be worth up to $10 million and I like his chances of bouncing back in 2011, in which case he probably has more upside than any of those other guys.

Hisashi Iwakuma’s 2017 option vests, but salary still undetermined

OAKLAND, CA - AUGUST 13: Hisashi Iwakuma #18 of the Seattle Mariners pitches against the Oakland Athletics in the bottom of the third inning at the Oakland Coliseum on August 13, 2016 in Oakland, California. (Photo by Thearon W. Henderson/Getty Images)
Thearon W. Henderson/Getty Images
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With last Wednesday’s start against the Yankees, Mariners hurler Hisashi Iwakuma pushed his 2016 innings total up to 2016. That clears the 162-inning hurdle for his 2017 option to vest at $14 million. However, as Steve Adams of MLB Trade Rumors reports, the language in Iwakuma’s contract also stipulates that the right-hander finish the season without suffering a specific injury.

Iwakuma, 35, was in agreement with the Dodgers on a three-year contract back in December but failed the physical, which nullified the deal. He ended up signing with the Mariners on a one-year, $12 million deal with a full no-trade clause and club options for 2017 and ’18 that vest at specific inning thresholds (162 each or 324 for both seasons).

This season, Iwakuma has stayed healthy, making 26 starts to the tune of a 14-9 record, a 3.81 ERA and a 118/36 K/BB ratio in 163 innings.

Ichiro Suzuki passes Wade Boggs for 27th on baseball’s all-time hits list

MIAMI, FL - AUGUST 28: Ichiro Suzuki #51 of the Miami Marlins grounds out during the 2nd inning against the San Diego Padres at Marlins Park on August 28, 2016 in Miami, Florida. (Photo by Eric Espada/Getty Images)
Eric Espada/Getty Images
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Marlins outfielder Ichiro Suzuki deposited a single to left-center field in the fourth inning of Monday night’s game against the Mets, then added a double to center field in the eighth. Those mark hits No. 3,010 and 3,011 for Suzuki in his major league career, tying and then moving past Wade Boggs for sole possession of 27th on baseball’s all-time hits list.

Suzuki would come around to score on a double by Xavier Scruggs to break a scoreless tie in the eighth.

Here’s the video of Ichiro’s first hit.

By the end of the season, Suzuki will have presumably moved ahead of Rafael Palmeiro (26th; 3,020) and Lou Brock (25th; 3,023).

Suzuki was 2-for-4 after the double. With baseball’s fifth month nearly complete, the 42-year-old is currently batting .298/.371/.373.