Derrek Lee’s one-year deal with Orioles worth $7.25 million plus incentives

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Derrek Lee and the Orioles are making their one-year deal official today, and Don Connolly of the Baltimore Sun reports that the contract is worth $7.25 million in guaranteed money plus another $2.75 million in potential “performance bonuses.”

Lee just finished a five-year, $65 million deal signed with the Cubs in 2006, but is a 34-year-old coming off a career-worst season filled with thumb problems and the going rate for a veteran first baseman/corner outfielder coming off a down or injury wrecked season appears to be around $8-10 million.

Lance Berkman got $8 million from the Cardinals. Carlos Pena got $10 million from the Cubs. Magglio Ordonez got $10 million from the Tigers. And on the low end Hideki Matsui and Lyle Overbay each got $5 million. Lee’s deal could be worth up to $10 million and I like his chances of bouncing back in 2011, in which case he probably has more upside than any of those other guys.

Brett Cecil placed on 10-day injured list due to Carpal Tunnel syndrome

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On Monday, Cardinals reliever Brett Cecil was placed on the 10-day injured list due to Carpal Tunnel syndrome. Cecil, who notably lost 42 pounds since the end of the 2018 season, was having trouble with his mechanics throughout spring training and only logged two official Grapefruit League innings.

Cecil, 32, is entering the third year of his four-year, $30.5 million contract. He struggled last year, finishing with a 6.89 ERA and a 19/25 K/BB ratio in 32 2/3 innings. The lefty dealt with shoulder and foot injuries during the season as well.

The Cardinals bolstered the bullpen in December, signing lefty Andrew Miller to a two-year, $25 million deal. It would be nice to have a healthy and effective Cecil, but the high-leverage workload will be managed by Miller and Jordan Hicks as well as Alex Reyes.

Cecil was among a handful of Cardinals to hit the injured list on Monday, joining Carlos Martínez (right shoulder cuff strain), Jedd Gyorko (right calf strain), Luke Gregerson (right shoulder impingement), and Justin Williams (right hand second metacarpal fracture).