Skip to content

Derrek Lee’s one-year deal with Orioles worth $7.25 million plus incentives

Jan 6, 2011, 11:44 AM EDT

Derrek Lee with Braves

Derrek Lee and the Orioles are making their one-year deal official today, and Don Connolly of the Baltimore Sun reports that the contract is worth $7.25 million in guaranteed money plus another $2.75 million in potential “performance bonuses.”

Lee just finished a five-year, $65 million deal signed with the Cubs in 2006, but is a 34-year-old coming off a career-worst season filled with thumb problems and the going rate for a veteran first baseman/corner outfielder coming off a down or injury wrecked season appears to be around $8-10 million.

Lance Berkman got $8 million from the Cardinals. Carlos Pena got $10 million from the Cubs. Magglio Ordonez got $10 million from the Tigers. And on the low end Hideki Matsui and Lyle Overbay each got $5 million. Lee’s deal could be worth up to $10 million and I like his chances of bouncing back in 2011, in which case he probably has more upside than any of those other guys.

  1. Panda Claus - Jan 6, 2011 at 12:17 PM

    This deal could continue the change of culture in Baltimore. Up until very recently, the perception has been the O’s would need to way overpay someone to sign there (see: Teixeira, Mark; Martinez, Victor). This deal actually seems pretty fair to both sides.

    • paintan8 - Jan 6, 2011 at 12:30 PM

      Baltimore has actually done a nice job this off-season without spending bajillions of dollars. Their infield defense and bullpen will be much better, taking a lot of pressure off of their young starters. If Jones, Weiters, Lee, and Reynolds swing big bats consistently, they might be a fun team to watch.

  2. randomdigits - Jan 6, 2011 at 12:43 PM

    I find it hard to believe that he took 1/7.25 to play in Baltimore over 1/8 to play in San Diego. I think it more likely that the Padre’s number reached 8 million after he reached milestones that will pay him 10 in Baltimore.

    • sabathiawouldbegoodattheeighthtoo - Jan 6, 2011 at 12:47 PM

      It’s tough to rebuild value as a hitter in San Diego. Lee might cash in after a good season at Camden Yard.

      • randomdigits - Jan 6, 2011 at 1:38 PM

        I would be saddened to find out that their are GMs out there unfamilar with the concept of park effects.

        My disbelief stems from a number of reasons, not the least of which is that 8 million is well above the amount I heard reported earlier in the offseason that the Padres had to spend. He also stated a preference to play on the west coast and for a contender.

        As an O’s fan I am tickled to get him and hope he makes the 10 million this season.

  3. bigtrav425 - Jan 6, 2011 at 2:22 PM

    If the Padres field wasnt as big as yellowstone Lee might of actually wanted to go there

Leave Comment

You must be logged in to leave a comment. Not a member? Register now!

Top 10 MLB Player Searches
  1. D. Wright (3037)
  2. J. Fernandez (2490)
  3. Y. Cespedes (2410)
  4. G. Stanton (2348)
  5. D. Span (2188)
  1. F. Rodney (2069)
  2. Y. Puig (2069)
  3. M. Teixeira (1986)
  4. G. Springer (1958)
  5. H. Olivera (1928)