BALTIMORE -- The Orioles continued to revamp their bullpen on Friday morning, with an industry source confirming the club has reached an agreement on a two-year, $4.5 million deal with right-hander Ryan Webb.
Webb, who made $975,000 in his first season of arbitration, was non-tendered by the Marlins on Monday. His signing was first reported by Grantland.
Webb, who will undergo a physical next week, is a solid setup man, gets a lot of ground balls and posted a 2.91 ERA in 66 innings for the Marlins in 2013. The 27-year-old owns a career 3.29 ERA in 276 innings and joins an O's relief corps that includes late-inning relievers Darren O'Day and Tommy Hunter. Baltimore, which traded away closer Jim Johnson on Monday, is still in the market to add a closer.
The O's are also expected to make the deal for former Giants outfielder Francisco Peguero official on Friday. Peguero will get a Major League contract.
Brittany Ghiroli is a reporter for MLB.com. Read her blog, Britt's Bird Watch, and follow her on Twitter @britt_ghiroli.