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Orioles avoid arbitration with Alexi Casilla, Steve Pearce and Taylor Teagarden

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UPDATE: Dan Connolly of the Baltimore Sun reports that Casilla got a one-year, $1.7 million deal with a $3 million club option for 2014. The O’s could buy out the option for $200,000.

7:52 PM: Eddie A. Encina of the Baltimore Sun reports that the Orioles have avoided arbitration with infielder Alexi Casilla, utility man Steve Pearce and catcher Taylor Teagarden. No word yet on the terms involved.

Casilla was claimed off waivers from the Twins earlier this month. The 28-year-old earned $1.325 million this past season while hitting .241/.282./.321 with one home run, 30 RBI, 21 stolen bases and a .603 OPS over 326 plate appearances. With Robert Andino now in Seattle, Casilla figures to be in the mix at second base next season along with Brian Roberts and Ryan Flaherty.

Pearce, who turns 30 in April, batted .239/.328/.377 with four home runs, 26 RBI and a .705 OPS over 159 plate appearances this season between the Orioles, Yankees and Astros. He was arbitration-eligible for the first time this winter and should contend for a bench spot during spring training.

Teagarden only appeared in 22 games with the Orioles this past season due to a nagging lower back injury, but had a knack for getting big hits in important situations, amassing nine RBI in just 64 plate appearances. He turns 29 next month and should be the backup to Matt Wieters in 2013.

The Orioles also acquired minor league infielder Yamaico Navarro from the Pirates for minor league right-hander Jhondaniel Medina and designated right-hander Stu Pomeranz for assignment.

Rangers sign Josh Hamilton to a minor league deal

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The Texas Rangers have signed Josh Hamilton to a minor league contract with an invitation to spring training.

Not at all surprising. The Rangers released Hamilton last August, but that was simply to make some room on the 40-man roster. His season was already toast due to the surgery he underwent to repair lateral and meniscus cartilage in his left knee which had the added bonus of revealing that he had an ACL injury as well, which required reconstruction. At the time of his release both he and the Rangers made noises about him coming back on a minor league deal in 2017.

Hamilton turns 36 in May. The smart money has it that his big league career is over, but Hamilton would be silly to retire given that he is owed $30 million this coming season. That the Angels are paying $26.41 million of that makes it far less painful for the Rangers as well. If he can hit in the spring, hey, let him DH some and pay him low money. If not, no skin off of anyone’s nose. He can request a release on April 1 if he hasn’t made the big league roster.

A-Rod to host a reality show featuring broke ex-athletes

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Alex Rodriguez’s transition into retirement has featured a serious move into the business world. He has gone back to school, worked seriously on investments and has started his own corporation. Yes, he’s set for life after making more money than any baseball player in history, but even if his bank account wasn’t fat, you get the sense that he’d be OK given what we’ve seen of his work ethic and savvy in recent years.

He’s going to be getting another paycheck soon, though. For hosting a reality show featuring athletes who are not in as good a financial shape as A-Rod is:

Interesting. Hopefully, like so many other reality shows featuring the formerly rich and famous, this one is not exploitative. Not gonna hold my breath because that’s what that genre is all about, unfortunately, but here’s hoping A-Rod can help some folks with this.