Joe Saunders expected to make decision this week on where he’ll sign

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After holding out for a three-year deal for most of the winter, it appears that Joe Saunders is close to deciding where he’ll pitch in 2013.

According to Roch Kubatko of MASN Sports, Orioles executive vice president of baseball operations Dan Duquette said at the team’s FanFest event today that Saunders is “probably going to make a decision this week.” The Orioles have maintained interest in retaining the veteran southpaw, but Duquette doesn’t have a “real sense” of whether he’ll be back and plans to pursue other veteran pitchers if he opts to sign elsewhere.

Saunders is unlikely to get the three-year contract he covets this late in the winter, so he may have to settle for a one- or two-year deal. The Twins and Mets are among the other clubs who have been connected to him in recent days.

Saunders, 31, posted a 4.07 ERA and 112/39 K/BB ratio over 174 2/3 innings last season with the Diamondbacks and Orioles. He owns a 4.15 ERA over eight seasons in the majors.

Report: Orioles to name Brandon Hyde new manager

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Update (8:23 PM ET): MASN’s Roch Kubatko talked to new GM Mike Elias, who said there has been no offer made to Hyde for the position. Elias called the report “premature.”

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The Orioles are expected to name Cubs bench coach Brandon Hyde as the new manager, Joel Sherman of the New York Post reports. Nothing is official yet.

Hyde, 45, spent four seasons in the minors with the White Sox from 1997-2000, then played in the independent Western League in 2001 before calling it quits. He was a coach with the Marlins from 2010-12 and has been with the Cubs since 2013.

Other candidates for the Orioles’ open managerial position have included Pedro Grifol, Chip Hale, Mike Redmond, Mike Bell, and Manny Acta.

Hyde is taking over for Buck Showalter, who was at the helm of the Orioles from 2010-18. Last season, however, the Orioles finished 47-115, the worst record in team history. Hyde will be taking over a team that is rebuilding, so the expectations will be relatively low in his first couple of seasons.