Valdez cleared waivers Saturday and accepted an outright assignment to Triple-A Norfolk, Rich Dubroff of BaltimoreBaseball.com reports.
Valdez began the season as the Orioles' closer but will end it having been designated for assignment twice. Seeing as he's a 36-year-old who's posted a 5.87 ERA this season over 46 innings, it's unsurprising that he passed through waivers unclaimed.