Source: O's, Ubaldo Jimenez agree

Updated: February 18, 2014, 9:27 AM ET
ESPN.com news services

The Baltimore Orioles have agreed to a four-year deal worth roughly $48 million with right-handed pitcher Ubaldo Jimenez, a source confirmed to ESPN.com's Jerry Crasnick.

Fox Sports earlier reported the two sides had reached an agreement.

The deal is still pending a physical.

Jimenez went 13-9 with a 3.30 ERA in 32 starts for Cleveland last season. He turned down a $14.1 million qualifying offer from the Indians, so Baltimore would have to forfeit its first-round draft pick (17th overall) to sign him.

Orioles executive vice president Dan Duquette has been searching for a veteran starter for much of the offseason to help anchor the rotation. Jimenez is 82-75 with a 3.92 ERA over eight major league seasons.

The 30-year-old right-hander broke into the majors with Colorado in 2006. His best season was 2010, when he went 19-8 with a 2.88 ERA in 33 starts for the Rockies.

Information from The Associated Press was used in this report.

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