Orioles signed RHP Craig Kimbrel to a one-year, $12 million contract with a $13 million club option for 2025.
The deal, which also includes a $1 million buyout, is now official after Kimbrel passed his physical. The 35-year-old veteran stopper appears poised to take over as Baltimore’s primary closer next season with elite stopper Félix Bautista sidelined while recovering from Tommy John surgery. He struggled mightily in the postseason, but was rock-solid during the 2023 regular season for the Phillies, finishing with 23 saves to accompany a 3.26 ERA, 1.04 WHIP and 94/28 K/BB ratio across 69 innings (71 appearances). He’ll likely be a top-20 closer in fantasy drafts next spring.