Today, ESPN's Joe McDonald reported that the Baltimore Orioles that the Orioles had made a 2-year, $12M offer to RHP Kevin Gregg. This report was nearly immediately refuted by Dan Connolly of the Baltimore Sun, who stated that the Orioles did have a 2-year offer on the table for Gregg, but it was only in the $8-10M range.
Gregg, who spent most of the season closing for the Toronto Blue Jays, actually had a decent year for himself, notching 37 saves, a 3.51 ERA (3.57 FIP, 4.22 xFIP) while striking out 58 batters and walking 30 over the course of 59 innings.
While this is far from a bad season from the right hander, Gregg was solid but situationally undependable. Gregg's -0.86 WPA ranks near the bottom of relievers with 50IP or more. Among closers (10+ SV), Gregg ranked 25th of 28 in the WPA rankings. Now, it should be noted that WPA as a metric has no predictive value, but it does lend credence to the complaints that Gregg was one bloop single away from collapse on a regular basis. Still, there is value to him, but for that price tag, one has to wonder if Baltimore is paying attention to the FA market. Scott Downs recently signed a 3-year, $15M contract with the Angels, and Downs has been markedly better in his career than Gregg (3.79 ERA, 4.10 FIP, 3.70 xFIP, 8 fWAR, as compared to Gregg's 4.03 ERA, 4.30 FIP, 3.95 xFIP, 5 fWAR), yet Gregg will likely be making Closer Money as opposed to Setup Man Money.
Reason this is relevant to Purple Row is that the Rockies have been keeping their eyes on him, and have been interested in him in the past as a buy-low candidate.
For a low price, Gregg could be a good add-on. For Huston Street money, you guys have fun, Baltimore.