Orioles, Showalter Close To A Contract Extension

Orioles manager Buck Showalter met several times this past week with owner Peter Angelos and has established parameters for a multi-year contract extension, reports Dan Connolly of the Baltimore Sun. Some specifics still need to be worked out, but a deal is expected to be reached in January, a source with knowledge of the situation tells Connolly. Showalter's current contract expires at the end of 2013 season.

"Because of the trust we have in each other, [Angelos] knows I am not going anywhere," said Showalter. "He has expressed interest in doing something and I've expressed interest in staying. And we think that can happen."

Showalter guided the Orioles to a surprising 93-69 record and their first playoff appearance in 15 years last season earning him a second place finish in the AL Manager of the Year voting. Since becoming Baltimore's manager in July 2010, Showalter is 196-185, a .514 winning percentage, which is seventh all-time for modern day Orioles managers.

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