White Sox, Latos Agree To Deal

Free-agent right-hander Mat Latos has reached an agreement on a one-year, $3 million contract with the Chicago White Sox.

Latos, 28, is 64-55 with a 3.51 ERA over parts of seven big-league seasons with the San Diego Padres, Cincinnati Reds, Miami Marlins and the Los Angeles Dodgers. He is looking to bounce back after posting a 4-10 record with a 4.95 ERA with the Marlins and Dodgers in 2015.

"Mat adds another quality veteran arm to our rotation and also increases our overall pitching depth, which always is essential to having a successful season," said Rick Hahn, White Sox senior vice president/general manager in a news release. "While we believe in the futures of several of our young starters, the chance to add a pitcher of Mat's caliber was too good of an opportunity for us to pass up. He has proven over his career that when healthy, he takes the baseball and logs quality innings."

Latos will compete for a spot in a White Sox rotation that currently consists of Chris Sale, Jose Quintana, John Danks, Carlos Rodon and Erik Johnson.

Orioles In Negotiations With  Gallardo

The Baltimore Orioles are in negotiations with free-agent right-hander Yovani Gallardo on a three-year deal in the range of $40-45 million, sources told ESPN's Buster Olney.

Gallardo, 29, went 13-11 last season for the Texas Rangers with a 3.42 ERA. He has thrown no fewer than 180 innings in each of the past seven seasons, but last year he posted a 1.42 WHIP, the highest of his career, and his 121 strikeouts were his fewest since an injury-shortened 2008 campaign with the Brewers.

With the Orioles' signing of Gallardo seen as highly likely, the team would relinquish their first-round pick, No. 14 overall, in this year's MLB draft. As a result, the team would become more open to giving up its second-round pick to sign another free agent.

Baltimore has serious interest in signing outfielder Dexter Fowler to a deal in the neighborhood of two years and $20 million, sources told Olney.