BASEBALL
Orioles, Markakis agree to six-year, $66m contract Right fielder Nick Markakis and the Baltimore Orioles reached a preliminary agreement Monday on a $66 million, six-year contract, according to a person familiar with the deal.
The contract, the second-richest in team history, covers three years Markakis would have been eligible for arbitration and the first three after he would have been eligible for free agency. The agreement was first reported by the Baltimore Sun.
Markakis hit .306 with 20 homers and 87 RBI last season. He led all AL outfielders with 17 assists.
Today is the day players and owners are set to exchange proposed figures in arbitration. Of the 111 players who filed for arbitration Thursday, 24 had agreed to contracts by Monday evening.
• Ryan Madson and Philadelphia reached preliminary agreement on a $12 million, three-year contract. Madson played a key role in the world champions' bullpen.
• White Sox closer Bobby Jenks agreed to a $5.6 million, one-year contract, more than 10 times his $550,000 salary last season.
• Atlanta closer Mike Gonzalez agreed to a $3.45 million, one-year contract.
• Closer Kevin Gregg and the Chicago Cubs agreed to a $4.2 million, one-year contract.