O’s nearing contract extension with manager Buck Showalter

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From Dan Connolly of the Baltimore Sun comes word that Orioles owner Peter Angelos and manager Buck Showalter have “established parameters for a multi-year contract extension” that should be made official at some point in early-to-mid January.

Showalter, who makes his offseason home near Dallas, met with Angelos several times last week in Baltimore and will return for the finalization of this new long-term pact shortly after the holiday season.

“Because of the trust we have in each other, [Angelos] knows I am not going anywhere,” said Showalter, who is currently locked in only through 2013. “He has expressed interest in doing something and I’ve expressed interest in staying. And we think that can happen.”

Showalter led the Orioles to their first postseason appearance since 1997 this past fall and owns an impressive 196-185 managerial record since taking over the job near the end of the 2010 campaign.

Padres to place Franchy Cordero on DL, activate Hunter Renfroe

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Kevin Acee of the San Diego Union-Tribune reports that the Padres will place outfielder Franchy Cordero on the 10-day disabled list and activate outfielder Hunter Renfroe from the DL on Monday.

Cordero, 23, has been slumping, batting .140 with four extra-base hits in 47 plate appearances dating back to May 11. The Padres noticed that the forearm issue has been affecting his swing in recent games. Manager Andy Green said, “It was something where he could swing a certain way to manage it. But swinging that way was not him.”

Renfroe, 26, has been out since mid-April due to inflammation in his right elbow. He hit .200/.281/.440 in 57 PA prior to landing on the disabled list. Renfroe played in 10 rehab games with Triple-A El Paso.