Report: Orioles sign Pedro Alvarez to a one-year, $5.75 million deal

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Dennis Lin of the San Diego Union-Times reports that the Orioles have signed Pedro Alvarez to a one-year deal. Ken Rosenthal of FOX Sports has confirmed Lin’s report. According to Joel Sherman of the New York Post, the deal is for $5.75 million with an additional $1.5 in performance incentives.

The Orioles have been linked to Alvarez all offseason, so it doesn’t come as a shock that the two have come to terms.

Alvarez is a noted power hitter, having socked 111 home runs over the last four seasons, but his value has been greatly diminished by poor defense, which resulted in a move from third base to first base. Ostensibly, Alvarez will be used as a DH, which would force Chris Davis into right field and Mark Trumbo to first base, or vice versa.

Camden Yards should help Alvarez’s power numbers, as ESPN’s park factors rated it as the second-most homer-friendly park in 2015 behind Miller Park. And, as StatCorner illustrates, it’s particularly good for left-handed hitters.