Reports: Yovani Gallardo, Orioles agree to 3-year, $35M contract

ByEDDIE MATZ
February 20, 2016, 7:11 PM

— -- BALTIMORE -- Free-agent right-hander Yovani Gallardo and the Baltimore Orioles have reached agreement on a three-year, $35 million contract, according to reports.

Gallardo, who turns 30 later this month, is 102-75 with a 3.66 ERA in nine major league seasons, the first eight coming with the Milwaukee Brewers.

Last year, pitching for the Texas Rangers, he went 13-11 with a 3.42 ERA, but struggled in the second half, posting a 1.72 WHIP and lasting six innings just twice in 14 outings. On the year, he made 33 starts, the seventh season in a row that he's started at least 30 games and worked 180-plus innings.

As a result of signing Gallardo, who declined a qualifying offer from Texas, the Orioles must surrender the 14th overall pick in this June's amateur draft. Gallardo fills the void created by the departure of free agent Wei-Yin Chen, joining an all right-handed rotation that currently features Chris Tillman, Miguel Gonzalez, Ubaldo Jimenez, and Kevin Gausman.

The Orioles aren't expected to be done with their free agency acquisitions. The team is expected to sign outfielder  Dexter Fowler, a move that would cost the team its second-round draft pick. 

Fowler had been discussing a multiyear deal with the team in the range of $12 million to $13 million annually, for either two or three years, sources told ESPN The Magazine's Buster Olney earlier this week.