Gavin Floyd signed an incentive-laden one-year deal with the Braves yesterday and in doing so turned down a bigger offer from the Orioles.
Dan Connolly of the Baltimore Sun reports that the Orioles offered the Maryland native a two-year deal worth up to $20 million based on incentives. By comparison, his deal with the Braves is worth $4 million upfront and another $4.5 million in potential incentives.
Connolly notes that the Orioles wanted a two-year deal because they figured Floyd is unlikely to contribute early on in 2014 following multiple elbow surgeries. Of course, that’s exactly why Floyd took the shorter deal with an eye on re-entering the open market healthy for a much bigger payday. He’s betting on himself and his health at age 30.