Orioles Finalize $67M Extension for Top Prospect Basallo
UPDATE: The Baltimore Orioles are finalizing a groundbreaking eight-year, $67 million contract extension for catcher Samuel Basallo, just days after his Major League debut. This deal locks in one of baseball’s top prospects, signaling a bold commitment to the team’s future.
At only 21 years old, Basallo has quickly risen through the ranks, now holding the position of the No. 4 overall prospect in baseball, according to ESPN’s Kiley McDaniel. In his brief professional career, he has shown exceptional talent, hitting an impressive .270/.377/.589 with 23 home runs in just 76 games at Triple-A before his call-up on August 13, 2023.
The deal, which can max out at $88.5 million, represents the largest pre-arbitration extension for a catcher in MLB history. It includes a club option, emphasizing the Orioles’ confidence in Basallo’s potential to become a cornerstone of their lineup.
Basallo, who was signed out of the Dominican Republic in 2021 for $1.3 million, is regarded as the best hitter in the minor leagues this season. His elite bat speed and power have evaluators projecting him as a consistent 30-homer threat in the majors.
While the Orioles currently have a starting catcher in two-time All-Star Adley Rutschman, Basallo’s versatility could see him also play at first base and designated hitter, adding depth to an already promising roster. His arrival comes during a transformative period for Baltimore, as they develop a cadre of young talent, including shortstop Gunnar Henderson, and outfielder Colton Cowser.
The timing of this extension is critical. If Basallo maintains his rookie eligibility through 2026, the Orioles could still benefit by receiving a draft pick should he win the Rookie of the Year award, thanks to the timing of his long-term deal.
This extension highlights the Orioles’ renewed focus on talent development in Latin America, a strategy that has paid off significantly with Basallo at the forefront. As the team continues to build a competitive roster under general manager Mike Elias, fans can expect high-stakes performances from this promising young talent.
Stay tuned for more updates on Basallo’s impact in the majors and how this deal shapes the future of the Orioles.
