The Orioles announced that they have signed right-hander Elvis Peguero to a minor league deal covering the 2026 and 2027 seasons. He has been assigned to the Triple-A Norfolk Tides, though his current health status is unclear.
Two-year minor league deals are normally signed when a pitcher is facing a lengthy injury absence, often due to a notable procedure such as Tommy John surgery. These types of deals allow the pitcher to rehab using a team’s facilities while collecting a paycheck. For the team, they know they will get little or no return on that investment in the near term but the hope is that the deal pays off when the pitcher is healthy in the second year.
There hasn’t been any public reporting about Peguero undergoing surgery recently. The White Sox did put him on the 15-day injured list in August due to a right elbow strain. He stayed there through the end of the campaign. He was outrighted off the roster in October and became a free agent shortly thereafter. Perhaps the Orioles will reveal more information about Peguero’s status soon.
Over the past five seasons, Peguero has pitched for the Angels, Brewers and White Sox. He’s essentially been a two-pitch guy with an upper-90s sinker and a low-90s slider. He has allowed 4.26 earned runs per nine innings. His 19.5% strikeout rate and 10.8% walk rate are both a bit worse than average but he has induced grounders on 54.3% of balls in play.
He exhausted his final option season in 2025, meaning he will be out of options going forward. If he can eventually earn a roster spot and hold it, he can be retained for several years via arbitration. His service time count is currently at two years and 136 days.
Photo courtesy of Matt Marton, Imagn Images
