"The Orioles are in agreement with veteran starter Chris Bassitt on a one-year, $18.5MM contract, reports Jeff Passan of ESPN. The deal is still pending a physical. Bassitt, a client of Meister Sports Management, receives a $3MM signing bonus and would unlock another $500K in bonuses if he reaches 27 starts. Baltimore has an opening on the 40-man roster after losing infielder Bryan Ramos on waivers to St. Louis."
"President of baseball operations Mike Elias has made a habit of signing veteran starters to one-year deals over the past few years. They found some success with Kyle Gibson in 2023. Last winter's reunion with Gibson and additions of Charlie Morton and Tomoyuki Sugano did not go as planned. Bassitt is in a stage of his career as he nears his 37th birthday, but he should have a higher floor than those previous additions."
Chris Bassitt has agreed to a one-year, $18.5MM contract with the Baltimore Orioles, including a $3MM signing bonus and an additional $500K if he reaches 27 starts, pending a physical. Baltimore opened a 40-man roster spot after losing infielder Bryan Ramos on waivers to St. Louis. President of baseball operations Mike Elias has increasingly targeted veteran starting pitchers for one-year deals; outcomes have varied, including 2023 success with Kyle Gibson and less successful moves involving Gibson, Charlie Morton, and Tomoyuki Sugano. Bassitt, nearing age 37, brings expected reliability and a higher performance floor than some prior veteran signings. More to come.
Read at MLB Trade Rumors
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