9:05am: The 2025 option is valued at $7.5MM and does not contain a buyout, Mark Feinsand of MLB.com reports. The value of that option would jump $500K if O’Hearn appears in 120 games and another $500K for appearing in 150 games.
8:30am: O’Hearn is guaranteed $3.5MM, Andy Koska of the Baltimore Banner reports.
7:54am: The Orioles announced this morning that the club agreed to a one-year contract with first baseman Ryan O’Hearn to avoid arbitration. The terms of the deal are not yet clear, though the pact does include a club option for the 2025 season. MLBTR contributor Matt Swartz projected O’Hearn for a $3MM salary in 2024 back in October. Both sides submitted figures slightly higher than that projection back in January, as O’Hearn requested a $3.8MM salary while the Orioles countered at $3.2MM.
The 30-year-old O’Hearn, acquired from the Royals last offseason in exchange for cash, has the best season of his big league career with Baltimore in 2023. The former eighth-round pick slashed .289/.322/.480 with career-highs in plate appearances (368), home runs (14), doubles (22).
That O’Hearn agreed to a club option for the 2025 season is an unexpected benefit for the Orioles. The lefty-swinging slugger had been slated to reach open market following the 2024 campaign, but Baltimore now gains control over what would’ve been his first free-agent season.
O’Hearn tallied only 29 plate appearances against left-handed pitchers in 2023, and he’ll likely reprise that platoon first base/designated role in 2024. He’ll be joined by right-handed-hitting Ryan Mountcastle in that mix, but both players will have plenty of young talent pushing for playing time as the season wears on. Corner infielder Coby Mayo and outfielders Colton Cowser and Heston Kjerstad could all push onto the big league roster and into prominent roles at some point in 2024. (Cowser and Kjerstad have already made their MLB debuts.)
If and when that happens, right fielder Anthony Santander could be pushed into more time at designated hitter, crowding the mix. It’s a good “problem” for the Orioles to have, and one that could of course be alleviated by injuries that a team inevitably incurs over the course of the year. At $3.5MM, O’Hearn is a reasonably priced power bat off the bench, even if the Orioles’ burgeoning youth movement pushes him into a reserve role.
The Orioles exchanged arbitration figures with an MLB-high five players, O’Hearn among them. The team avoided hearings with O’Hearn and left-handed relievers Danny Coulombe and Cionel Perez by agreeing to one-year deals with club options for the 2025 season. Outfielder Austin Hays and right-handed reliever Jacob Webb both won hearings over the team.