MLB Trade Rumors

It’s been just shy of a year since MLBTR’s Darragh McDonald wrote, “The Orioles may have found the lefty bat they wanted” when writing about Ryan O’Hearn’s then-nascent breakout in Baltimore. Acquired from the Royals in exchange for cash on the heels of a DFA, O’Hearn was subsequently designated for assignment by the Orioles as well before being passed through waivers unclaimed and sent outright to Triple-A Norfolk.

It was the sort of ostensible unremarkable trade that is made hundreds of times over the course of a calendar year and quickly forgotten — until it wasn’t. As most are aware — certainly every Orioles fan — O’Hearn indeed emerged as the left-handed bat Baltimore had sought. At the time of Darragh’s piece last year, O’Hearn was slashing .308/.348/.542 with six home runs in 115 plate appearances. It wasn’t a big sample and he wasn’t walking much (5.2%), but O’Hearn’s batted-ball data supported much of that early flurry. He finished the year in strong fashion, seeing regular playing time against right-handed pitching and ending the year with a stout .289/.322/.480 slash — 18% better than league-average, by measure of wRC+.

For a player who’d hit .211/.282/.351 with a 27% strikeout rate over the four prior seasons in Kansas City (2019-22) before being designated for assignment, last season was a stunning breakout. The Orioles would’ve been thrilled just to have that one year, but O’Hearn came to Baltimore with four-plus years of playing time, making him controllable through the 2024 season. It was a no-brainer to tender him a contract and go through the arbitration process with him, and even if he reverted back to his 2019-22 form or regressed some at the plate, the entire gambit of acquiring him would’ve been well worth it based on 2023 alone.

O’Hearn, however, hasn’t reverted to his 2019-22 form. He hasn’t regressed closer to league-average. He hasn’t maintained the status quo and or even taken just a small step forward. Rather, he’s taken his game to an entirely new level, not just in terms of his raw run-production but also his approach at the plate.

In 189 plate appearances this season — all but 11 coming against right-handed pitching, it should be noted — O’Hearn is batting .287/.384/.489. He’s been 38% better than league-average, per wRC+. He’s already belted nine homers, six doubles and a triple.

He’s also struck out 19 times. In 189 plate appearances. Lest you think that was a typo, let’s write it out: nineteen times.

O’Hearn, who entered the 2024 season with a lifetime 25.6% strikeout rate in the big leagues, has at 30 years old simply become allergic to strikeouts. He’s also nearly doubled his walk rate from last year’s 4.1% to 7.9%. That feat isn’t as eye-popping on its own, given O’Hearn’s penchant for drawing free passes earlier in his career (11.5% from 2018-20), but it does serve to further underscore the evolution of his approach at the plate.

By measure of Statcast, O’Hearn chased 32% of pitches off the plate in 2023. This year, that number is down to 26.5%. He’s making contact on balls out of the strike zone at a career-best 64.4% clip, and his ability to connect on pitches within the strike zone has also ticked up. This year’s 90.6% mark is a career-best and sits more than five percentage points north of the 85.3% league average.

The uptick in volume of contact has come at the expense of some of his quality of contact, but that’s not to say O’Hearn is getting by with a series of well-placed bloops and weak grounders. His 90.4 mph average exit velocity and 41.9% hard-hit rate are both strong — they’re just down from last year’s respective marks of 91.9 mph and 51.5%. He’s in the 72nd and 75th percentile of MLB players in terms of exit velo and hard-hit rate, plus the 85th percentile of hitters in terms of whiff rate. Even with less life on his average batted ball, the increased frequency of contact leads Statcast to project O’Hearn in the 94th percentile or better in terms of his expected batting average, slugging percentage and wOBA.

It bears repeating that some of the reasoning for both his quality of contact and his gaudy expected stats is that O’Hearn is shielded nearly entirely from left-on-left matchups. His career performance in such situations (.168/.236/.286) rather emphatically shows that he’s benefited from Baltimore’s aggressive platooning. That somewhat specialized role doesn’t detract from his usefulness however, and when coupled with the nonexistent cost of acquisition, O’Hearn continues to cement himself as one of the current front office regime’s savviest acquisitions.

Speaking of savvy, any discussion of O’Hearn’s production should also touch on the slugger’s contract status. As noted before, O’Hearn came to Baltimore with two seasons of club control remaining. However, the two parties weren’t able to agree on a middle ground in arbitration prior to exchanging figures. O’Hearn filed for a $3.8MM salary to the Orioles’ $3.2MM figure. The two parties ultimately avoided a hearing at the eleventh hour, agreeing to a $3.5MM salary for the 2024 season — the midpoint between their submitted figures — as well as a club option for the 2025 campaign.

That would’ve been O’Hearn’s first free-agent season, but the O’s now have control over next year at a $7.5MM price point. O’Hearn would boost that option value by $500K upon appearing in 120 and 150 games. The latter of those two numbers won’t happen. O’Hearn has already been absent from 14 Orioles games. He’s on pace to appear in 127 games, however, making the first of those $500K escalators still not only attainable but likely.

The club option was notable at the time but hardly a lock to be exercised or even emerge as a borderline decision. But, as MLBTR’s Anthony Franco quipped to me when chatting about O’Hearn’s newfound contact skills, few realized he was going to “turn into Luis Arraez with power.” That’s a bit of an overstatement of course — Arraez has fanned at a ridiculous 5.7% clip since Opening Day 2023 — but O’Hearn currently possesses the seventh-lowest strikeout rate of the 248 hitters with at least 150 plate appearances this season. Of the 30 players in that set who have a strikeout rate of 15% or lower, the only one hitting for more power than O’Hearn (by measure of ISO) is Cleveland’s Jose Ramirez. Securing what now looks to be a wildly affordable club option for a third season in order to avoid a hearing over a $600K difference in figures looks like a raucous bargain for the Orioles.

O’Hearn may be a limited player by virtue of his platoon splits and lackluster defensive ratings both in the outfield corners and at first base, but he’s developed one of the most unique skill sets in the game and made himself a vital member of one of MLB’s top offenses. On two different occasions in the 2022-23 offseason, any club could’ve acquired O’Hearn for nothing more than cash or a waiver claim.

The Orioles clearly didn’t expect this level of outcome — they wouldn’t have designated him for assignment if they did — but they deserve credit for seeing value where others didn’t. Much of the focus on Baltimore’s success is rightly placed on young core of players either drafted by the O’s (Adley Rutschman, Gunnar Henderson, etc.) or acquired via trade (Corbin Burnes, Kyle Bradish, Cade Povich), but hitting the jackpot on a small-scale pickup like O’Hearn is the sort of move that can be a separator, providing a high-end complementary player to help take an impressive core to the next level.