Orioles, Yovani Gallardo Agree To Restructured Deal  —  6:24pm: Ken Rosenthal of FOX Sports tweets that the option would bring the deal's total value to $33MM, if exercised.  Eduardo A. Encina of the Baltimore Sun reports that Gallardo will earn $9MM in 2016 and $11MM in 2017 (Twitter link).

Red Sox Owner: ‘We Were Reliant Too Heavily on Analytics’  —  FORT MYERS, Fla. — After their new players added up to another last-place finish, the owner of the Boston Red Sox figured out the team's math was wrong.  —  “I think we were reliant too heavily on analytics,” John Henry said Wednesday.

Tom Ricketts, Cubs have little to hide  —  Chicago Tribune  —  Chicago Cubs Owner Tom Ricketts emphasized his preference to re-sign President Theo Epstein while stressing he and his family had nothing to hide regarding a threatening tweet by presidential candidate Donald Trump.

Braves Sign Cuban Pitcher Carlos Portuondo  —  The Braves have signed 28-year-old Cuban righthander Carlos Portuondo to a minor league contract with a $990,000 bonus, according to international sources.  Portuondo is exempt from the international bonus pools, so he's able …

Dodgers To Sign Jamey Wright To Minors Contract  —  The Dodgers have signed veteran right-hander Jamey Wright to a minor league deal, MLB.com's Ken Gurnick reports (Twitter link).  The contract contains an invitation to the team's Major League spring camp.  The 41-year-old Wright is represented by Excel Sports Management.

Sources: Bautista's demand is five years, $150M  —  Toronto Blue Jays' all-star outfielder Jose Bautista is demanding a five-year contract extension worth more than $30 million per year, two sources familiar with the matter told TSN.  —  Bautista turns 36 in October and a $150-million contract …

Uncertain future of Jose Reyes means prospect gets chance to break with team  —  The Denver Post  —  SCOTTSDALE, Ariz. — After 537 games, 2,061 at-bats and 70 home runs in the minors, Trevor Story is pounding on the major-league door.  But if he wants to leave spring training …

The latest: Three confirmed dead in Waverly  —  ** BREAKING UPDATES **  —  Three people are now confirmed dead in Waverly, according to Virginia State Police.  There are other injuries reported and 10 On Your Side has learned a command center is being set up at Prince George Electric at 7103 General Mahone Highway/Route 460.

Mike Trout Committed to Stealing More Bases Again for Angels  —  TEMPE, Ariz. — Mike Trout wants to take a swipe at something else this season — stealing bases, the way he once did.  —  The Los Angeles Angels' do-everything star got off to a fast start in his 2012 AL Rookie of the Year season with 49 steals.

Ruben Tejada Awarded Extra Service Time, Will Be Free Agent Next Winter  —  As part of his arbitration settlement this offseason, the Mets awarded shortstop Ruben Tejada with an extra day of service time, reports Ken Davidoff of the New York Post (via Twitter).

Umpires Aren't Compassionate; They're Bayesian  —  Baseball fans have long known, or at least suspected, that umpires call balls and strikes differently as the count changes.  At 0-2, it seems that almost any taken pitch that is not right down the middle will be called a ball …