The Orioles and right-hander Shane Baz are finalizing a five-year, $68MM extension, reports Jeff Passan of ESPN. The Cornerstone Baseball Group client was previously slated to reach free agency after the 2028 season and had agreed to a $3.5MM salary for 2026. Passan says in a follow-up tweet the deal buys out his three arb years and two free agent years, so it appears this will overwrite his 2026 salary in some way. If that proves to be the case, this deal would pay him $64.5MM in new money over four years. The full breakdown hasn’t yet been publicly reported.
More to come.