Jason Hammel and Orioles agree on one-year deal to avoid arbitration

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The Orioles and right-hander Jason Hammel have agreed on a one-year, $6.75 million deal to avoid arbitration, reports Dan Connolly of the Baltimore Sun. The deal includes $300,000 in possible incentives.

Hammel requested $8.25 million and was offered $5.7 million by the Orioles when arbitration figures were exchanged last month, so the two sides settled a little under the midpoint of $6.975 million, but he could make out ahead if he reaches the incentives. Either way, it’s a nice raise for the 30-year-old, who earned $4.75 million last season while posting a solid 3.43 ERA and 113/43 K/BB ratio over 118 innings. This was his final go-around in arbitration, so he is due to hit free agency next winter.

Now that the Orioles have deals in place with Hammel and Jim Johnson, that leaves reliever Darren O’Day as the lone member of the Orioles at risk of going to an arbitration hearing. It probably won’t be necessary, though, as MASN’s Roch Kubatko reported earlier tonight that it looks like something will get done.

Giants, Cardinals reportedly have offers on the table for Giancarlo Stanton

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We’re entering what is typically one of the slowest news weeks in the baseball calendar. Occasionally some big free agents sign around now. For example, it was 20 years ago today Andres Galarraga signed with the Braves, and I still remember being in an airport on the way home to visit my parents when I heard the news. I’m an old man.

The biggest news that is likely to happen this offseason is Giancarlo Stanton being traded. That hasn’t happened yet, but here are the latest bits of news on that:

Jon Morosi of MLB Network reports that the Cardinals have made a formal trade offer to the Marlins for Stanton. No word what they’re offering, but the clubs have been in discussion for some time and it has been reported that the Marlins are the most interested in doing a deal with St. Louis due to the prospects they could send to Miami. There is a sense, however, that Stanton would be hesitant to approve a trade to the Cardinals because he prefers to play on the West Coast;

The Giants play on the west coast, and over the weekend they were reported to be the “most aggressive team” in trade talks for Stanton at the moment. Ken Rosenthal reports that the Giants have likewise made an offer. Their farm system is nowhere near as stocked as that of the Cardinals, so it’s unclear whether they have the prospects to make Miami happy. They could, of course, eat a lot of Stanton’s $295 million contract to make up for that, of course, but (a) doing so would put them over the luxury tax; and (b) the Marlins no doubt want to spur a rebuild with a Stanton trade, so if they can’t get some blue chip prospects back in return, what’s the point?

UPDATE: Who knows if this is anywhere close to enough — I’m guessing not — but this is what the Giants reportedly have on the table:

Anyway, that’s where we are as we begin Thanksgiving week.