April 7: Jackson passed his physical, and the Orioles have now announced the deal.
It is anticipated that Jackson will head to the upper minors after a stint in extended Spring Training. He figures to take up a spot in the O’s rotation and/or relief depth charts. If Jackson does reach the majors and hits all his incentives, he could earn as much as $2.45MM, per Encina, who adds that there’s a June 1st opt-out date.
Once a solid starter, the 33-year-old Jackson has not found much success since he joined the Cubs as a free agent before the 2013 season. Since that time, he has recorded a 5.33 ERA with 7.1 K/9 and 3.6 BB/9 over 455 2/3 innings. He also showed a decline in his average fastball velocity last year, falling to 91.7 mph after typically sitting in the 93 mph range in recent years.