When the Orioles grabbed 28-year-old infielder Alexi Casilla off waivers from the Minnesota Twins this offseason, the first thought was that it would be for one year, since Casilla was in his final year arbitration before free agency next winter.
But now the Orioles can have the second baseman back in 2014 if they want.
The sides avoided arbitration Friday when Casilla agreed to a one-year deal for 2013 that will pay him $1.7 million next season, an increase from the $1,382,500 he made in 2012.
But Casilla and the Orioles also agreed to a team option for 2014 that will pay Casilla $3 million if picked up (and $200,000 if the club buys it out), according to an industry source.
That means the Orioles can avoid allowing Casilla to go to free agency at the end of next season if he has a big year. And, in turn, Casilla will nearly double his salary in 2014 if the option is picked up.
Seems like a pretty reasonable insurance plan, as far as baseball salaries go.