Kevin Gregg close to signing $12 million deal with Orioles

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Last week Baltimore reportedly offered Kevin Gregg a two-year, $8 million deal, but apparently that wasn’t enough because according to Joe McDonald of ESPNBoston.com the Orioles have upped their two-year offer to $12 million and Gregg is close to accepting.

Gregg racked up 37 saves for the Blue Jays this year for his fourth straight season with at least 20 saves, but his 3.79 ERA during that time isn’t particularly impressive and he blew six save chances this year to finish with a success rate of 86 percent that’s basically right at the MLB average.

Gregg is a decent setup man who’s apparently about to be paid like something a step or two above that because he’s gotten a chance to rack up saves in the past.

According to McDonald the Nationals and Red Sox are also in the mix for Gregg, who would presumably compete for ninth-inning duties with Koji Uehara if he indeed opts to join the Orioles.