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Machado agreed to a one-year, $11.5 million contract with the Orioles on Friday, avoiding arbitration, Jon Heyman of FanRag Sports reports.

Machado batted .294/.343/.533 with 37 homers and 96 RBI en route to a second consecutive top-five finish in the American League MVP voting -- and he's still just 24. He's now regained shortstop eligibility after making 45 appearances at the position last year, but it's uncertain how often Machado will run moving forward.

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