Sarasota, FL – The attempt to improve the starting pitching rotation received a big boost on Tuesday when the Orioles signed free agent Alex Cobb
“They used the AL East and the success I’ve had in it to their advantage,” the 30-year-old right-hander said Wednesday after finalizing a $57 million, four-year contract. “They kept challenging me with it and I love the challenge of pitching in this division and they know that over the times we talked. They did a really good job of making me feel like this is where I need to be.”
Cobb gets $14 million in each of the first three seasons and $15 million in 2021, and he would earn a $500,000 bonus in each year he pitches 180 innings. Baltimore will defer $6.5 million from this year’s salary and $4.5 million in each of the next three seasons.
He gets $2 million of the deferred money on Nov. 30, 2022, and $1.8 million annually on Nov. 30 from 2023-32. If he doesn’t pitch at least 130 innings in 2020, an additional $5.25 million of the final’s year salary would get deferred, payable $1.75 million annually on Nov. 30 from 2033-35.
Cobb has a full no-trade this year, then can list 10 teams from 2019-21 that he cannot be dealt to without his consent.
He had spent his entire six-season big league career with Tampa Bay and was the last big-name starting pitcher available in a slow-moving free agent market. He joined Andrew Cashner and Chris Tillman, who were signed last month, in a revamped rotation that includes holdovers Dylan Bundy and Kevin Gausman.
Cobb was 12-10 with a 3.66 ERA in 29 starts last season. He pitched 179 1/3 innings in his first full year back after missing nearly two seasons because of Tommy John surgery.
He had turned down the Rays’ $17.4 million qualifying offer in November, and Baltimore pursued him from the start of free agency.
(the Associated Press contributed to this post)