Orioles

Kevin Gregg signs two-year, $10 million deal with Orioles

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Kevin Gregg has been linked to the Orioles for most of the offseason and Jon Paul Morosi of FOXSports.com reports that the two sides have finally agreed to terms on a deal.

According to Dan Connolly of the Baltimore Sun he’ll get $10 million for two years, and the contract also includes a vesting option for 2013.

He’ll presumably head into spring training as the favorite for ninth-inning duties, as Gregg racked up 37 saves for the Blue Jays last year for his fourth straight season with at least 20 saves.

However, his 3.79 ERA during that time isn’t particularly impressive and he blew six save chances last year to finish with a success rate of 86 percent that’s basically right at the MLB average. If healthy Koji Uehara is likely a superior reliever, but Gregg has far more closing experience.

Mike Gonzalez was signed to be of the Orioles’ closer last offseason, but missed most of the year with arm problems and remains a question mark. In his absence Alfredo Simon led the team with 17 saves, but he may spend 2011 in prison.