Orioles Interested In Blake Snell

Giants left-hander Blake Snell might be available before the trade deadline, with the Yankees, Padres and Cubs having already been connected to him in rumors. The Orioles can be added to that pile, as Jon Heyman of The New York Post reports on X that the O’s are “aiming high” at the deadline thanks to their new owner and strong farm system.

The Orioles have generally acted very conservatively in recent years, hardly spending any money at all. MLBTR’s Contract Tracker shows that, since April 2018, the O’s haven’t given out a larger contract than the $13MM deal for Craig Kimbrel. The only multi-year deals they have given out have been two-year extensions for John Means and Félix Bautista, players that were already controllable but facing recoveries from Tommy John surgeries.

The lack of spending was somewhat justifiable while the club was in the depths of a rebuild, but it has carried over into the new competitive window that they are currently in. It has been speculated that things might open up once the planned sale of the club went through and there are some signs that is now happening.

David Rubenstein’s purchase of the club didn’t become official until the end of March, the cusp of Opening Day, so the O’s still had a fairly modest offseason. But here in the lead-up to the deadline, they have shown a willingness to absorb some money, both for this year and into the future. They acquired Zach Eflin from the Rays, with that pitcher still owed roughly $3.8MM of his $11MM salary and a big spike to $18MM next year. They also acquired Seranthony Dominguez from the Phillies, who is making $4.25MM this year and has an $8MM club option for next year.

Acquiring Snell would be a risky proposition on account of his opt-out but the O’s are perhaps the club best suited to take such a risk. As recently laid out by MLBTR’s Anthony Franco in a piece for Front Office subscribers, teams are usually hesitant to trade for players with player options or the ability to opt out. There’s no real difference between the terms “player option” or “opt-out”, as either one gives the player the control over what transpires.

Trading for such a player at the deadline comes with more downside than upside for the acquiring club. If the player performs well, they will trigger the opt-out and leave, making them a rental. If they perform poorly or get hurt, the club is stuck with them at a price that’s unpalatable, as the player wouldn’t have accepted…