Yovani Gallardo and the Orioles are both “optimistic” about a deal

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Multiple reports Wednesday had the Orioles and free agent right-hander Yovani Gallardo deep in negotiations on a multi-year deal. Nothing has been finalized yet, but Brittany Ghiroli of MLB.com says “both sides appear to be pretty optimistic still.”

Ghiroli adds that the “ball is in the Orioles’ court,” although that may simply reveal her likely source to be Gallardo’s agent. Whatever the case, Baltimore is apparently now willing to forfeit their first-round draft pick to sign Galllardo and he may lead to a domino effect in which they also forfeit a second-round draft pick to sign outfielder Dexter Fowler.

The idea being that if you’re going to cough up the 14th overall pick to sign a mid-level free agent with spring training right around the corner you might as well cough up a lower draft pick to sign a second one. Gallardo has shown signs of decline, including a big dip in strikeout rate, but he logged 184 innings with a 3.42 ERA for the Rangers last season.