Orioles sign Taiwanese left-hander Wei-Yin Chen to three-year deal

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Taiwanese left-hander Wei-Yin Chen and the Orioles have agreed to a three-year contract with a team option for 2015.

No official word yet on the money involved, but Dan Connolly of the Baltimore Sun reports that the deal is expected to be worth $11-12 million.

Chen threw 165 innings with a 2.68 ERA and 94/31 K/BB ratio for the Chunichi Dragons in Japan last season and will move right into the Orioles’ rotation at age 26.

Earlier this offseason he was said to be seeking around $20 million, but averaging just 5.1 strikeouts per nine innings in Japan perhaps scared off some potential suitors. However, according to Orioles executive vice president of baseball operations Dan Duquette the left-hander “has exceptional command” and “works off of a 92-94 mph fastball” with “a hard, slurve-like breaking ball as an out pitch.”

Guys like Chris Capuano, Bruce Chen, and Aaron Harang each signed two-year deals worth $4-5 million per season, so while Chen’s contract is a year longer he’s basically being paid like a mid-rotation starter. Baltimore also signed Japanese left-hander Tsuyoshi Wada to a two-year, $8 million deal, but he’s 30 years old and his upside is viewed as lesser than Chen’s.

Nathan Eovaldi likely to be activated this weekend

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Red Sox pitcher Nathan Eovaldi is likely to be activated from the 10-day injured list this weekend and will join the bullpen, per Justin Leger of NBC Sports Boston.

Eovaldi, 29, had a superb postseason showing with the Red Sox last year, including a six-inning relief appearance in Game 3 of the World Series. That propelled him to ink a four-year, $68 million contract with the Red Sox in December.

Eovaldi underwent athroscopic surgery in April to remove loose bodies in his elbow and has been out ever since. He had allowed 14 earned runs on 21 hits and 11 walks with 16 strikeouts in 21 innings prior to going on the IL.

The Red Sox bullpen has been middling at best this season, owning a composite 4.55 ERA. Six different relievers have accrued saves, none more than Ryan Brasier‘s seven and he was optioned to Triple-A Pawtucket earlier this week. It’s quite possible Eovaldi finds himself closing out games down the stretch.