The Orioles reportedly reached a two-year, $15 million deal with free agent closer Grant Balfour earlier this week, but the agreement has hit a snag.
According to Roch Kubatko of MASNSports.com, Balfour’s deal with Baltimore is in serious jeopardy due to issues with his physical that “need to be resolved.” While the signing was supposed to be announced today, there’s now a chance that it won’t happen at all. Kubatko hears that official word one way or the other could come by tomorrow.
The nature of Balfour’s issue isn’t yet known. The 35-year-old didn’t spend any time on the disabled list this past season, but he did have knee surgery during spring training. He previously had Tommy John surgery in 2005 and surgery to repair a torn labrum and rotator cuff in 2006.
John Axford and Joaquin Benoit have both signed elsewhere this week, so if the Orioles are forced to move on from Balfour, they will likely consider names like Fernando Rodney and Chris Perez. Kubatko hears that they have checked the medical records on Andrew Bailey and Joel Hanrahan, but neither pitcher is expected to be ready for the start of the season.
UPDATE: Dan Connolly of the Baltimore Sun reports that the issue is with Balfour’s shoulder. As we mentioned above, he previously had surgery to repair his labrum and rotator cuff, but hasn’t had any problems since.
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.