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Elias: Orioles’ Trade Talks Focused On Players “Towards The End Of Their Contracts”

July 21, 2025 by MLB Trade Rumors

The Orioles managed to avoid a sweep at the hands of the Rays earlier today but are still 10 games under .500 with a -99 run differential. They’re 13.5 games out of first place in the American League East and 8.5 games back of an AL Wild Card spot — with seven teams they’d need to leapfrog to get there. They already traded righty Bryan Baker to the Rays earlier in the month, and general manager Mike Elias suggested in an interview on MLB Network Radio on SiriusXM that further players are likely to be shipped out. The GM made clear, however, that he’s focused on trading short-term pieces and not players who are under club control well beyond the current season.

“When we’re at this point in the standings and 11 days away from the trade deadline, we’ve got to be realistic about our situation,” Elias said. “The conversations I’m having right now are more oriented toward what’s out there for some of our available major league players. We’re not blowing up the team. We think we’re going to be very good again in 2026 and have that intention. We’re not interested in changing the foundation of the team, but to the degree that we have players that interest other clubs, who are coming towards the end of their contracts, we’ve got to listen to that. That’s what we’re spending our time on now.”

Whether it’s Elias who has an aversion to long-term contracts or the two ownership groups under which he’s worked — the Angelos family sold the Orioles to a group led by David Rubenstein prior to the 2024 season — the Orioles don’t have many players signed long-term. Elias has only signed one free agent (Tyler O’Neill) to a multi-year contract and has not brokered extensions with any of the team’s young core. They have a very appealing group of young players who are still controlled via arbitration, but Baltimore’s proclivity for one-year contracts gives them plenty of players to market in the next couple weeks.

First baseman/designated hitter Ryan O’Hearn, center fielder Cedric Mullins and corner outfielder Ramon Laureano are all in their final guaranteed seasons in Baltimore. (Laureano does have a reasonable $6.5MM club option for 2026). Catcher Gary Sanchez is also on a one-year deal, although he’s likely out until September due to a sprained posterior cruciate ligament in his right knee.

On the pitching side of things, starters Zach Eflin, Charlie Morton and Tomoyuki Sugano are all free agents at season’s end, as are relievers Gregory Soto and Seranthony Dominguez. Right-hander Andrew Kittredge, like Laureano, is on a one-year deal with a club option for the 2026 season. His is valued at $9MM.

O’Hearn, earning $8MM this season, is hitting .282/.378/.458 with a dozen homers. He’d be one of the best rental bats on the market. Mullins is earning $8.725MM and hitting just .218/.300/.4o5 with 13 homers and 14 steals, but he’s one of very few center field options who could be available. The resurgent Laureano is having a career-best year at the plate, hitting .276/.340/.498 through 247 plate appearances while earning just a $4MM salary.

Eflin has been out for nearly a month due to a back injury, which presumably contributed to him surrendering 17 runs in his final nine innings before being placed on the injured list. That ugly stretch ballooned his ERA all the way to 5.95, but he had a 4.08 mark prior to that stretch and is coming off a 2023-24 run in which he tossed 343 innings with a 3.54 ERA and terrific strikeout/walk rates. He’s making $18MM this season. Eflin has posted a 1.50 ERA in three minor league rehab starts, and he told Jake Rill of MLB.com yesterday that he feels like he’s ready to rejoin the rotation.

Morton’s struggles earlier this season were in many ways emblematic of the team’s struggles as a whole. He’s righted the ship after being dropped to the bullpen for a few weeks, though. While the 41-year-old righty is still sporting a grisly 5.58 ERA, he has a 3.47 mark in his past 47 innings. Morton was trounced for seven runs in his most recent outing versus Tampa Bay, but he’d pitched 51 2/3 innings of 2.61 ERA ball prior to that. Even with the ugly last start, he looks largely back on track, though his $15MM salary is another impediment.

Sugano, 35, is in his first big league season. A longtime star in Japan’s NPB, his year has been the inverse of Morton’s: a terrific start followed by an extended rough patch. Sugano carried a 3.04 ERA into June despite possessing one of the lowest strikeout rates in the sport (14.2%), but his lack of missed bats has caught up to him. He has a 7.94 ERA and has been torched for seven home runs over his past six starts (28 1/3 innings). He’s on a $13MM salary.

The left-handed Soto and right-handed Dominguez both miss plenty of bats and have shaky command, although Soto has his walk rate down to a more passable 10.1% this year. Both average better than 97 mph on their heaters, and their ERAs (3.67 for Soto, 3.72 for Dominguez) are nearly identical. Fielding-independent metrics grade them similarly as well, pegging them both in the mid-3.00s. Soto is making $5.35MM to Dominguez’s $8MM. The 35-year-old Kittredge missed the first two months of the season due to a knee procedure he required during spring training but has been solid since returning: 3.86 ERA, 22.9% strikeout rate, 5.7% walk rate.

It’s not clear from Elias’ comments whether the Orioles will at least entertain offers on players controlled beyond the current season. The Athletic’s Ken Rosenthal reported last week that Elias has at least heard out other teams who’ve called on lefty Trevor Rogers and closer Felix Bautista, but that could be mere due diligence. Bautista, controlled two more seasons via arbitration, would be a particular shock if moved. The Dodgers are among the teams who’ve called, but a deal feels decidedly unlikely.

The O’s have some buy-low bats, but it’s hard to imagine anyone taking on even a portion of O’Neill’s contract when he’s signed through 2027 and hitting just .182/.270/.327. Ryan Mountcastle is an interesting buy-low option, but he hit just .246/.280/.348 before a hamstring tear sent him to the 60-day IL. He’ll begin a rehab assignment soon and could be a non-tender candidate with a poor finish, so perhaps there’s more willingness to listen there. Baltimore’s core seems unlikely to be available in any capacity, however. It’d be a true stunner if any of Gunnar Henderson, Jordan Westburg, Adley Rutschman, Colton Cowser or Jackson Holliday wound up being seriously discussed.

Filed Under: Orioles

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