MLB Trade Rumors

Orioles fans have been pining for long-term extensions for some of their young core, but thus far there’s been little indication that they’re pursuing such commitments. Part of that stemmed from the fact that the franchise was up for sale. We’re now more than a year into David Rubenstein’s tenure as Orioles owner, and while they’ve spent more money on the whole, it’s primarily been on one-year deals for free agents. (Tyler O’Neill’s three-year deal is a notable exception, though that contains an opt-out clause after the 2025 season and thus could end being a one-year deal as well.)

General manager Mike Elias commented on the matter yesterday, suggesting he’d be “more revelatory” on the subject of extensions than in the past, but still spoke in generalities (via Roch Kubatko of MASNsports.com).

“This is something we’re working on,” Elias said to the Orioles beat. “There’s guys on this team that we would like to have on this team longer than they’re currently slated for. It’s not a point-and-shoot thing. It’s case by case. There’s different players, different skill levels, different representatives, different philosophies around how to handle players at different age levels. … There’s only so much I can say about it other than it’s something we want to do if it makes sense, that we are working on it and if it happens, we’ll be out here talking about it.”

A large portion of the focus on potential extension candidates in Baltimore centers around young stars like Adley Rutschman, Gunnar Henderson and Jordan Westburg — and understandably so. But Cedric Mullins — the Orioles’ longest-tenured player and a cornerstone throughout their rise from rebuilder to contender in the AL East — is in the final year of club control and would stand as a logical extension candidate himself, at least on paper. Agent Robin Cope tells Ken Rosenthal of The Athletic that the team has not broached the possibility of an extension, even though Mullins himself “wishes they would.”

Mullins himself followed up on Cope’s comments. Asked today by the O’s beat about his agent’s statement (link via Andy Kostka of the Baltimore Banner), Mullins replied: “One hundred percent. Just being drafted by Baltimore and just knowing what Baltimore and the city offered me and my family over the course of my career has been nothing short of amazing. So to have those negotiations take place, it’s all in timing. But right now, focused on the day-to-day of bringing wins to the clubhouse.”

The 30-year-old Mullins has spent his entire career with the Orioles organization, dating back to his selection in the 13th round of the 2015 draft. Though he never garnered fanfare from national prospect rankings, he established himself as an All-Star caliber center fielder. Since cementing his place in the Orioles’ lineup back in 2020, Mullins is a .259/.327/.442 hitter. He peaked with a 30-30 season and .291/.360/.518 batting line in 2021, taking home a Silver Slugger Award and landing ninth in MVP voting during what’s still the lone All-Star campaign of his career.

Mullins may never get back to those heights again, but he’s doing his best to get there with a massive start to his 2025 campaign: .300/.435/.620 with four homers, three steals and nearly as many walks (10) as strikeouts (11) through his first 62 turns at the plate. That builds off a big finish to his 2024 campaign. After a brutally slow start in April and May, Mullins regained his footing and finished as one of the most productive hitters in the American League. Over his past 370 plate appearances, he’s batting .280/.371/.497 with 16 homers and 23 plate appearances.

Looking back at recent extensions using MLBTR’s Contract Tracker, there haven’t been too many examples of outfielders — or position players in general — signing extensions this close to free agency and at this age. Tommy Edman’s deal with the Dodgers (four years, $64.5MM in new money) stands as the most recent parallel. Stretching back a bit further, Charlie Blackmon’s first extension with the Rockies guaranteed him $94MM in new money over a five-year period.

Free agency offers a few more points of comparison, but it’s increasingly rare for center fielders to make it to market before signing an extension. Dexter Fowler (five years, $82.5MM), Lorenzo Cain (five years, $80MM) and AJ Pollock (four years, $60MM) all signed for $15-16MM annual range, beginning with their age-31 seasons. Each of those contracts is more than five years old at this point, however. Starling Marte secured a weightier $19.5MM AAV on a four-year deal beginning with his age-33 season. George Springer’s six-year, $150MM contract covers his age-31 through age-36 seasons, but was a more accomplished hitter than Mullins.

Given the lack of discussions to this point, it seems likely that Mullins will reach free agency. He’d be a clear candidate for a qualifying offer and would likely reject that one-year figure in search of a multi-year deal. The O’s have Colton Cowser, Heston Kjerstad and perhaps O’Neill all in the outfield mix beyond the current season, plus prospects Enrique Bradfield Jr., Jud Fabian and Dylan Beavers in the upper minors. That gives the team a good bit of outfield talent to build around if Mullins departs. In order to keep him, they’d surely need to spend well beyond their recent comfort levels. Baltimore hasn’t given out a contract worth more than $50MM since signing Alex Cobb back in 2018, under not only a different owner but also a different front office regime.