The Athletics are in agreement with right-hander Henderson Alvarez on a 1-year contract, according to a baseball source. The deal will pay $4.25 million in guaranteed money, and includes $1.6 million in incentives based on games started.
If all incentives are met, the deal can max out at $5.85 million, according to a source. Alvarez is under Athletics' control for the 2017 season due to being non-tendered by Miami, but will go through the arbitration process next year to set his 2017 salary.
Alvarez, 25, made only four starts for the Marlins last season before shoulder trouble sidelined him for most of the season. He is considered likely to miss the first month of the season and could be out for even more time, which is why the Marlins decided to non-tender him earlier in the month.
Alvarez is the latest rotation addition for an Athletics' team that already added Rich Hill this winter and also has Jesse Hahn, Kendall Graveman, Chris Bassitt and Aaron Brooks in the mix for rotation spots. Oakland will look for a rebound campaign from Alvarez, who was named to the NL All-Star team in 2014 en route to a season in which he finished 12-7 with a 2.65 ERA in 30 starts.