The Orioles introduced that right-hander Mychal Givens has been reinstated from the 60-day injured checklist and designated for project.
Givens, 33, signed a one-year deal within the offseason with a $5MM assure. Sadly, accidents have prevented him from offering a lot of something this yr. He started the season on the injured checklist due to left knee irritation. He was activated in Could however returned to the IL after simply six appearances, this time resulting from proper shoulder irritation, finally getting transferred to the 60-day model of the IL.
He appears to be wholesome once more, as he started a brand new rehab project a few weeks in the past. However the O’s appear to have determined they don’t have room for him on their roster and have reduce him free as a substitute. As a veteran with greater than 5 years of service time, he can’t be optioned to the minors. He additionally has the precise to reject an outright project in favor of electing free company whereas retaining all of his wage.
The deal that he signed got here with a $3MM wage right here in 2023 after which there’s a $6MM mutual choice for 2024. If Givens declines his finish of the choice, he would obtain a $1MM buyout. If he triggers his finish and the group declines, it’s a $2MM buyout. There’s nonetheless about $790K of that wage left to be paid out, in addition to the buyout/choice. Given his well being points this yr and that cash, he’ll nearly actually clear waivers, leaving the Orioles liable for that money.
That may permit any of the 29 different golf equipment to signal him and pay him simply the prorated league minimal for any time spent on the roster, with that quantity subtracted from what the O’s pay. Though he’s been injured for a lot of the yr, different golf equipment may nonetheless have an interest primarily based on his earlier observe report. Givens has a profession ERA of three.47 over 425 appearances courting again to 2015, putting out 28.2% of hitters whereas strolling 10%.
