Report: Orioles re-sign Pedro Alvarez to minors deal

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The Orioles have re-signed infielder Pedro Alvarez to a minor league deal, per a report from Roch Kubatko of MASN Sports. The deal guarantees Alvarez $1 million if he makes the 40-man roster and another $2 million in potential performance bonuses. The team has yet to confirm the deal.

This will be Alvarez’s third year with the Orioles. After posting decent numbers in 2016, the 31-year-old was relegated to the minors for the majority of the 2017 season and saw only 14 games at the big league level. He finished the year with an underwhelming .239/.294/.442 batting line and 26 home runs through 595 plate appearances for Triple-A Norfolk.

Alvarez is expected to split his time between first base and DH this spring, and MLB.com’s Brittany Ghiroli notes that he’s unlikely to experiment with another outfield role. While he isn’t too far removed from his last productive season in the majors, the veteran infielder will function purely as insurance for first baseman Chris Davis and designated hitter Mark Trumbo and will likely begin the season in the minors.

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.