Vlad’s deal: $5 million now, $3 million deferred

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I was rather surprised when Vladimir Guerrero got $8 million.  We have some more details on it now and I suppose it’s slightly better for the O’s: it will be $5 million in 2011, with the other $3 million deferred over several years.

Still seems like a lot for a guy who didn’t appear to have anyone else bidding for him.  And it’s the second one-year deal I can think of off the top of my head that has deferred money this winter. The other is Carlos Pena’s deal with the Cubs.  I guess it makes some modicum of financial sense for the club, but it does seem odd that they’re agreeing to pay a guy who is almost 100% certain to not be on the team again after this one year.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.