Vladimir Guerrero is no longer seeking a two-year contract

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After originally seeking a two-year, $16 million contract Vladimir Guerrero has lowered his demands to one year and $8 million, according to Ken Rosenthal of FOXSports.com.

Guerrero earned $6.5 million in 2010 via a one-year deal with the Rangers and slumped down the stretch before struggling mightily in the playoffs, so with plenty of other veteran designated hitter options on the market this offseason he had little chance of ever securing a two-year offer.

And now that most teams have filled their DH openings the odds of him getting $8 million in 2011 are pretty slim too. Rosenthal notes that the Orioles remain interested in Guerrero but deem that price too high, which jibes with the report from Jeff Zrebiec of the Baltimore Sun that they’ve spoken to Guerrero’s agent recently but “the two sides are not close to a deal.”

Had he been seeking a one-year deal from the start of the offseason Guerrero may have landed a full-time gig already–and potentially could have returned to Texas–but dropping his asking price after a half-dozen other veteran bats have found homes and the Rangers are completely out of the mix to re-sign him could leave him choosing between part-time jobs in addition to less money.

Reds ink Oliver Perez to a minor-league deal

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The Reds have signed free agent reliever Oliver Perez to a minor-league contract, the team announced Saturday. The deal comes with a major-league invite and could be worth $1.25 million if Perez secures a roster spot this spring, with an additional $500,000 in potential performance bonuses.

Perez, 36, is coming off of a two-year run with the Nationals. He produced a 4.64 ERA, 3.3 BB/9 an d10.6 SO/9 through 50 relief appearances and 33 innings with the club in 2017. The veteran lefty hasn’t kept an ERA under 4.00 in at least four seasons, but he continues to be undeniably solid against left-handed batters, holding them to a .227/.301/.364 batting line over 18 1/3 innings last year.

While returning southpaw Wandy Peralta appears to have locked down a bullpen spot already, Perez will still compete for another role against fellow left-handers Cody Reed and Amir Garrett, both of whom also have experience in the rotation. If Perez doesn’t break camp with the team, MLB.com’s Mark Sheldon notes, he’ll be permitted to opt out of his contract. The Reds are currently looking to bounce back from a dismal performance in 2017, one in which their bullpen ranked 28th among major league teams with a collective 5.63 ERA and -1.2 fWAR.