Orioles decline $11 million option on Mark Reynolds

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Baltimore has declined its $11 million team option on Mark Reynolds after he set a career-low in slugging percentage while being moved from third base to first base.

However, because he’s still an arbitration-eligible player Reynolds does not simply become an outright free agent. Instead, as Brittany Ghiroli of MLB.com reports, the Orioles have until November 30 to decide if they want to offer him arbitration.

If they do that, he’d likely get a raise on this year’s $7.5 million salary, but perhaps to a lesser amount than the $11 million option. If instead they non-tender Reynolds the 29-year-old slugger will hit the open market with a $500,000 buyout.

Reynolds would be an interesting free agent because despite hitting just .213 during the past three seasons and striking out as much as any hitter in baseball he’s never posted an OPS below .750 and has 35-homer power. In a weak year for first basemen it wouldn’t be surprising to see him get a multi-year deal from a team in need of right-handed power.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.