Updated Jan 6, 2011 4:06 PM ET

BALTIMORE (AP)

First baseman Derrek Lee finalized a $7.25 million, one-year contract Thursday with the Baltimore Orioles, who hope he can provide punch to a lineup that ranked 21st in home runs last season.

The 35-year-old free agent, who can earn an additional $2.75 million in performance bonuses, had 19 homers and 80 RBIs in 148 games with the Chicago Cubs and Atlanta Braves last year. He has 312 career home runs, including 35 with the Cubs in 2009.

Luke Scott led the Orioles last season with 27 homers. First baseman Ty Wigginton (22) was the only other player to top 20. Lee has hit at least 20 home runs in nine of the last 11 seasons.

The two-time NL All-Star and three-time Gold Glove winner agreed to terms last week and signed a contract after passing a physical. Lee fills the void left by the departure of Wigginton, who signed as a free agent with Colorado.

Lee can earn an additional $500,000 each for 400 and 500 plate appearances, and $250,000 each for 425, 450, 475, 525, 550, 575 and 600.

Article updated: 1/6/2011 01:16 PM

Derrek Lee, who started last season with the Cubs and finished it with the Atlanta Braves, has signed a 1-year deal to play for the Baltimore Orioles. (AP Photo/Charles Rex Arbogast)   Associated Press

By Associated Press

BALTIMORE — After finishing last season with the Atlanta Braves, former Cubs first baseman Derrek Lee has signed a one-year contract with the Baltimore Orioles.

The Orioles hope Lee can provide punch to a lineup that ranked 21st in home runs last season. The 35-year-old free agent had 19 homers and 80 RBIs in 148 games with the Cubs and Braves in 2010. He has 312 career home runs, including 35 with the Cubs in 2009.

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Luke Scott led the Orioles last season with 27 homers. First baseman Ty Wigginton (22) was the only other player to top 20. Lee has hit at least 20 home runs in nine of the last 11 seasons.

The two-time NL All-Star and three-time Gold Glove winner agreed to terms last week and signed a contract after passing a physical. Lee fills the void left by the departure of Wigginton, who signed as a free agent with Colorado.

Article updated: 1/6/2011 01:16 PM

Derrek Lee, who started last season with the Cubs and finished it with the Atlanta Braves, has signed a 1-year deal to play for the Baltimore Orioles. (AP Photo/Charles Rex Arbogast)   Associated Press

By Associated Press

BALTIMORE — After finishing last season with the Atlanta Braves, former Cubs first baseman Derrek Lee has signed a one-year contract with the Baltimore Orioles.

The Orioles hope Lee can provide punch to a lineup that ranked 21st in home runs last season. The 35-year-old free agent had 19 homers and 80 RBIs in 148 games with the Cubs and Braves in 2010. He has 312 career home runs, including 35 with the Cubs in 2009.

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Luke Scott led the Orioles last season with 27 homers. First baseman Ty Wigginton (22) was the only other player to top 20. Lee has hit at least 20 home runs in nine of the last 11 seasons.

The two-time NL All-Star and three-time Gold Glove winner agreed to terms last week and signed a contract after passing a physical. Lee fills the void left by the departure of Wigginton, who signed as a free agent with Colorado.

BALTIMORE — First baseman Derrek Lee has signed a one-year contract with the Baltimore Orioles, who hope he can provide punch to a lineup that ranked 21st in home runs last season.

The 35-year-old free agent had 19 homers and 80 RBIs in 148 games with the Chicago Cubs and Atlanta Braves in 2010. He has 312 career home runs, including 35 with the Cubs in 2009.

Luke Scott led the Orioles last season with 27 homers. First baseman Ty Wigginton (22) was the only other player to top 20. Lee has hit at least 20 home runs in nine of the last 11 seasons.

The two-time NL All-Star and three-time Gold Glove winner agreed to terms last week and signed a contract after passing a physical. Lee fills the void left by the departure of Wigginton, who signed as a free agent with Colorado.

Copyright 2011 by The Associated Press

BALTIMORE (AP)—First baseman Derrek Lee(notes) has signed a one-year contract with the Baltimore Orioles, who hope he can provide punch to a lineup that ranked 21st in home runs last season.

The 35-year-old free agent had 19 homers and 80 RBIs in 148 games with the Chicago Cubs and Atlanta Braves in 2010. He has 312 career home runs, including 35 with the Cubs in 2009.

Luke Scott(notes) led the Orioles last season with 27 homers. First baseman Ty Wigginton(notes) (22) was the only other player to top 20. Lee has hit at least 20 home runs in nine of the last 11 seasons.

The two-time NL All-Star and three-time Gold Glove winner agreed to terms last week and signed a contract after passing a physical. Lee fills the void left by the departure of Wigginton, who signed as a free agent with Colorado.