Yovani Gallardo, Baltimore Orioles restructure deal

Yovani Gallardo and the Baltimore Orioles have agreed to a two year, $22 million deal with a third year option that could bring the total value to $33 million, per reports.

This brings an end to the Yovani Gallardo saga, where Rangers fans waited and waited to learn that he had signed, thus getting the Rangers a compensatory draft pick in the supplemental first round.  That pick is expected to end up around #30.

Gallardo and the Orioles had reportedly agreed to a 3 year, $35 million deal, only to have the Orioles balk after a physical supposedly revealed issues with Gallardo's shoulder.  This was met by a fair amount of skepticism, as Gallardo has made 30+ starts year after year, and Baltimore has a reputation for killing deals based on medicals that other teams would not have an issue with.  Ken Rosenthal notes that there is a belief among some that Orioles owner Peter Angelos will use the physical as an excuse to kill or renegotiate deals his general manager has made that he's not comfortable with.

In any case, the deal is apparently done now, the Rangers get their compensatory pick, and we can stop talking about Yovani Gallardo for a while.  Thanks for the solid work in 2015 and the compensatory pick, Yo, and best of luck to you in Baltimore.