Joe Saunders expected to make decision this week on where he’ll sign

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After holding out for a three-year deal for most of the winter, it appears that Joe Saunders is close to deciding where he’ll pitch in 2013.

According to Roch Kubatko of MASN Sports, Orioles executive vice president of baseball operations Dan Duquette said at the team’s FanFest event today that Saunders is “probably going to make a decision this week.” The Orioles have maintained interest in retaining the veteran southpaw, but Duquette doesn’t have a “real sense” of whether he’ll be back and plans to pursue other veteran pitchers if he opts to sign elsewhere.

Saunders is unlikely to get the three-year contract he covets this late in the winter, so he may have to settle for a one- or two-year deal. The Twins and Mets are among the other clubs who have been connected to him in recent days.

Saunders, 31, posted a 4.07 ERA and 112/39 K/BB ratio over 174 2/3 innings last season with the Diamondbacks and Orioles. He owns a 4.15 ERA over eight seasons in the majors.

Giancarlo Stanton will defend his Home Run Derby title

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The Marlins announced on Sunday that outfielder Giancarlo Stanton will defend his Home Run Derby title when the city of Miami host’s the All-Star Game festivities next month.

Stanton, 27, defeated Todd Frazier in the finals of last year’s Home Run Derby at Petco Park, hitting 20 home runs to Frazier’s 13. Stanton hit a total of 61 home runs in the Derby. This will be the third Home Run Derby in which Stanton has participated.

Stanton also went 1-for-3 with a solo home run to help the Marlins defeat the Cubs 4-2 on Sunday. He’s now batting .274/.357/.551 with 20 home runs and 49 RBI in 311 plate appearances.

Aaron Hicks to go on the disabled list with an oblique injury

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Yankees outfielder Aaron Hicks left Sunday’s game against the Rangers after four innings due to soreness in his right oblique. After the game, Hicks said he expects to go on the 10-day disabled list and miss the next three to four weeks, MLB.com’s Bryan Hoch reports.

Hicks was 1-for-2 with a single before departing on Sunday. He entered the game batting .288/.397/.515 with 10 home runs and 37 RBI in 198 plate appearances. It is by far the best season of his career.

Jacoby Ellsbury is on his way back from a concussion, so the Yankees will only have to bridge the gap in center field for a week or two. Mason Williams could draw some starts in center field in the meantime.