UPDATE: Orioles aren’t willing to budge from current offer for Vladimir Guerrero

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UPDATE: According to Buster Olney of ESPN.com, the Orioles want Vladimir Guerrero, but only on their terms. He reports the total worth of the O’s offer is somewhere around $4.5-5 million. I would assume that includes a lower base salary with some incentives.

7:15 PM, Friday: Well, this act is getting old. According to Brittany Ghiroli of MLB.com, the Orioles are “not close” to a contract with Guerrero. A source tells her they’d be “shocked” if there’s an announcement for tomorrow’s annual FanFest event.

The funny part is that Olney writes that the O’s are being told Guerrero currently has an $8 million offer, including incentives. Who knows if the offer is even legitimate, but I’m going to guess that over 60 percent of the money is incentive-based.

I’m not sure Vlad has many real options left, so wake me when it’s over.

6:38 PM, Friday: According to Buster Olney of ESPN.com, Vladimir Guerrero is “making progress” in his talks with the Orioles.

Enrique Rojas of ESPN Deportes reported yesterday that Guerrero was “not excited” about his offer from the Orioles, which he reported was somewhere around $2 million. Roch Kubatko of MASNSports.com later suggested that it was somewhere in the low-end of the $3-5 million range, but added that the Orioles weren’t going to increase their offer.

The Orioles should have the upper hand in negotiations, given the lack of options for Guerrero at this point, but perhaps they are willing to add more in performance-based incentives to make it worth his while.

Guerrero, who turns 36 in February, would become the regular designated hitter for the Orioles, pushing Luke Scott to left field. The Orioles have been looking for another starting pitcher all offseason, so they could presumably dangle either Felix Pie or Nolan Reimold as a trade chip.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.