If Cruz has a good 2014, the Orioles can give him the qualifying offer again. If he accepts the offer, they get him for another season for roughly $15 million - making it a two year $23 million deal. If he rejects the offer, the Orioles get a comp pick - better than this year's 2nd round pick. If Cruz has a poor or mediocre 2014, they can cut ties. It's a risk for Baltimore, but there's an okay chance they get back the draft pick - or get Cruz for another year. Is the bolded part true? If so, then I can see bringing Cruz in for one year with the cost of a 2nd round pick as they get Cruz at a discount and possibly get a better pick next year if he rejects the QO. If it isn't true, then the Orioles wasted a high pick on a guy they have for one season. If I am an Oriole fan and I am willing to sign an FA with a QO, I want it to be a guy who could possibly provide value for 3 - 4 years, not 1 year. I would have preferred Morales or Santana on a multiple year deal than Cruz on a 1 year deal. As long as there's no clause in Cruz's contract forbidding Baltimore from giving him a qualifying offer next year, there shouldn't be any reason the O's can't do it after the season. The O's right now are giving up (roughly) the 55th pick in the draft. If they give Cruz a qualifying offer next year, and he refuses, they get a pick (roughly) in the 30-35 range. The more I look at it, it's not a bad gamble on Baltimore's part. They aren't stuck with Cruz long term - likely a year or two - and have a good chance to recoup the draft pick next year. If Baltimore is out of the race this year, they also could deal Cruz at the trade deadline for something decent. I think Morales would have been a better fit for Baltimore. Cruz will probably hit decent in Baltimore, but his age, injury issues and lack of success outside of Texas worries me. But at least Cruz can play in the OF. No matter. Baltimore will put up some big HR numbers.