Orioles claim Steve Pearce off waivers from the Yankees

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The Orioles announced this afternoon that they have claimed Steve Pearce off waivers from the Yankees. Pearce was designated for assignment earlier this week when the Yankees activated Brett Gardner and David Aardsma from the 60-day disabled list.

This will be Pearce’s third team this season and his second stint with Baltimore. The Orioles acquired him from the Yankees in June and he batted .254/.321/.437 with three home runs and 14 RBI in 83 plate appearances with the club before being claimed off waivers from the Astros in late July. The Yankees then got him back from the Astros in late August for a player to be named later. And now he’s back with Baltimore. Quite a weird year.

Pearce won’t be eligible for the postseason roster, but it would be pretty interesting if he does something to help the Orioles top the Yankees in the American League East. Don’t underestimate that “Oriole Magic.”

Gallegos agrees to 2-year, $11M contract with Cardinals

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.

The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.

“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”

He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.

Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.

His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.

He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.

Gallegos has a $2.41 million salary this year.

He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.