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Report: Orioles and Nelson Cruz agree to a one-year, $8 million contract

Nelson Cruz Getty

UPDATE: Enrique Rojas of ESPN Deportes reports that the Orioles and Cruz have agreed to a one-year, $8 million contract, pending a physical. The deal includes $750,000 in incentives, but it looks like a potential bargain addition for Baltimore as they attempt to make a run at the postseason.

As for Cruz, settling for a one-year, $8 million guarantee is obviously not what he had in mind at the start of the offseason. However, a number of factors had an impact on his market, including draft pick compensation, questions about how he’ll perform after his PED suspension and away from Texas, as well as his age and poor defense. On the bright side, if he has a nice year in Baltimore, perhaps he’ll get a better payday next offseason.

8:50 a.m. ET: After making a move for a starting pitcher earlier this week by signing right-hander Ubaldo Jimenez to a four-year, $50 million contract, the Orioles are now on the verge of adding a bat. According to CBS Sports’ Jon Heyman, Baltimore is closing in on a deal for free agent slugger Nelson Cruz.

No word yet on the terms involved and Heyman writes that a couple of issues still need to be resolved, but a deal is seen as “extremely likely.” The Orioles would surrender their second-round pick (and the corresponding draft pool money) in order to sign Cruz, as they already gave up their first-rounder for Jimenez. It’s unclear whether signing Cruz officially takes the Orioles out of the mix for Ervin Santana, but it’s safe to say that they fully intend to contend this season.

The Orioles are unsettled in the DH spot, so given Cruz’s poor reputation on defense, he should be a good fit there. It could also help keep him healthy, which has been an issue for him in previous since and should be a consideration as he moves toward his mid-30s.

Cruz was limited to 109 games last season due to his 50-game PED suspension, but he still hit .266/.327/.506 with 27 home runs and 76 RBI. The 33-year-old has 135 home runs over the past five seasons. Only 16 players have more in the same timespan.

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