Pedro Alvarez and the Orioles made their one-year deal official today in a press conference. Alvarez will get $5.75 million in guaranteed money, plus another $1.25 million in potential incentives based on playing time that start accumulating once he surpasses 350 plate appearances.
Given that Alvarez figures to be platooned at least somewhat and may not start interleague games in NL ballparks a reasonable projection of 500 plate appearances would earn him $6.55 million in total. Not a bad payday considering Alvarez made $5.75 million with the Pirates last season and was non-tendered because Pittsburgh didn’t want to pay him an estimated $8 million via the arbitration process.
Alvarez is expected to serve as Baltimore’s starting designated hitter, bringing his 30-homer power to a lineup that projects as perhaps the most powerful in all of baseball this season. In fact, if Alvarez, Chris Davis, Manny Machado, Adam Jones, Mark Trumbo, and company simply produce like they have in past seasons the Orioles might be the first MLB team since 2010 to hit 250 homers.