The Orioles will acquire Taylor Teagarden from the Rangers, according to Jon Heyman of SI.com (Twitter link). The teams have had ongoing discussions about the possibility of a trade, Dan Connolly of the Baltimore Sun reported earlier today.
Teagarden, 27, has a .220/.286/.417 career line with 16 home runs in 392 career big league plate appearances over the course of four seasons. The 2005 third rounder has a .262/.374/.488 line in parts of six minor league seasons. He'll back up starter Matt Wieters.
While the Orioles had just one catcher -- Wieters -- on their 40-man roster, the Rangers had three of them. Mike Napoli and Yorvit Torrealba were ahead of Teagarden on Texas' depth chart, which made him expendable. The Orioles have a full 40-man roster and will have to clear room on it unless they're sending someone from their roster to Texas.