The two-year deal that the Orioles offered Kevin Gregg is worth between $8-10MM, according to Jeff Zrebiec of the Baltimore Sun. Gregg continues to negotiate with the Orioles, who still believe they have a chance at the former Blue Jays closer.
Even though the Orioles agreed to terms with Koji Uehara, they could offer Gregg the closer's job. President of baseball operations Andy MacPhail did not commit to Uehara as the team's closer this week.
The Orioles aren't the only team interested in Gregg. Ken Rosenthal of FOX Sports reported this week that the Red Sox, Pirates and Nationals have offered the 32-year-old deals and that the Mariners are in the mix for him. The Rockies also appear to be interested in the Type B free agent.
The Blue Jays will obtain a draft pick for losing Gregg, since he and his representatives at Beverly Hills Sports Council turned down Toronto's offer of arbitration. However, teams don't have to forfeit a pick to sign Gregg.