Report: Pedro Alvarez returns to Orioles on a minor league deal

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Free agent infielder Pedro Alvarez reportedly has a minor league contract in place with the Orioles, per Tommy Stokke of FanRag Sports. Jon Heyman adds that the terms of the deal include a $2 million salary with up to $3.5 million in incentives.

Alvarez, 30, batted .249/.322/.504 with 22 home runs and an .826 OPS during his initial run with the Orioles in 2016. He primarily served as the team’s designated hitter and occasional third baseman, though Heyman reports that the deal could be contingent on a switch to the outfield in 2017. Alvarez hasn’t played the outfield in any of his seven major league seasons, but has been developing his skills there over the last 3-4 months and could compete against fellow outfield candidates Chris Dickerson, Craig Gentry, Logan Schafer and Aneury Tavarez for a backup role this spring.

The deal has yet to be confirmed by the team.

Gallegos agrees to $11M, 2-year contract with Cardinals

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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed Monday to an $11 million, two-year 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 Monday 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.