The Orioles dropped both games of a doubleheader against Minnesota yesterday, falling 11 games under .500. They kept the bad times rolling with another loss this afternoon, getting to 12 games under. It’s the nadir of their season so far, one from which they’ll have a difficult time coming back.
As of last week, general manager Mike Elias wasn’t interested in contemplating the possibility that they’ll be deadline sellers. “We’ve got a record that’s not reflective of who we believe our team is, that I don’t think anyone thought our team was, and we’re digging a hole out of the standings right now because of that,” the GM told Joel Sherman and Jon Heyman of The New York Post on their podcast last Tuesday. “Hopefully, we claw back a lot of real estate in the standings and we get back in the mode that we fully expected to be. That is my focus right now. If it somehow evolves otherwise, I’ll address it then.”
The team has dropped six of eight games since those comments. Even with Zach Eflin returning from the injured list over the weekend, the starting rotation looks untenable. Colton Cowser and Jordan Westburg face uncertain timelines to make it back from their own IL stints. The odds are very much not in their favor. FanGraphs has the O’s playoff chances down to a season-low 4.4%. The front office certainly didn’t anticipate being deadline sellers, but it’s increasingly difficult to see them avoiding that fate.
It would be surprising if the Orioles dealt any controllable core pieces like Westburg, Adley Rutschman or Jackson Holliday. It’d be tough to find a taker on Tyler O’Neill given his annual $16.5MM salaries and opt-out clause. Tomoyuki Sugano has had solid results in his first big league season, but he probably has modest trade value on a $13MM salary given his below-average velocity and 14.2% strikeout rate.
That leaves a pair of rental bats as Baltimore’s top trade candidates: Ryan O’Hearn and Cedric Mullins. The former has systematically improved over his two and a half seasons at Camden Yards. O’Hearn was a career .219/.293/.390 hitter when the Orioles acquired him from the Royals over the 2022-23 offseason. He turned in what was then a personal-best .289/.322/.480 slash during his first season in Baltimore. Last year’s batting line seems superficially like a step back — he hit .264/.334/.427 in 494 plate appearances — but it came with a dramatically superior strikeout and walk profile than he showed in 2023.
O’Hearn has maintained those impressive plate discipline metrics while hitting for more power early this year. He carries a .287/.374/.519 mark with seven longballs across 123 plate appearances. O’Hearn isn’t chasing pitches outside the strike zone. His 15.4% strikeout rate is well below the 22.1% league average. He’s making hard contact (a 95+ MPH exit velocity) on half his batted balls, well up from last season’s 40% clip.
The rate stats are slightly inflated by the O’s tendency to shield O’Hearn from unfavorable platoon matchups. They’ve mostly kept him away from left-handed pitching, giving him just 94 plate appearances against southpaws over the past three seasons. He’s more of a strong-side platoon bat than a true everyday player, but O’Hearn is thriving in that role. He is up to a .280/.339/.465 slash in nearly 900 plate appearances against righty pitching as a member of the Orioles.
That kind of production is a bargain for a player making an $8MM salary. O’Hearn will be a first-time free agent next year, as he enters his age-32 season. It’s tough to see the Orioles making him a qualifying offer that’d likely be north of $21MM. He has a good shot at a multi-year contract, but the O’s would probably be better served letting him walk to open first base/DH playing time for Coby Mayo. That all points to a trade.
Baltimore won’t pull the trigger on that kind of move two and a half months from the deadline, but he seems likely to be available in July. The Giants and Red Sox are the most obvious potential suitors for a rental first baseman. Boston will be without Triston Casas all season. San Francisco has gotten nothing out of LaMonte Wade Jr. this year. They won’t want to block top prospect Bryce Eldridge in 2026 but should make a short-term add at the position. The Rangers and Mariners would also make sense as landing spots.
The Orioles would need a stronger return on Mullins, who may end up being one of the best all-around position players available. The lefty-hitting center fielder takes a .230/.335/.446 line with eight homers into today’s game against Minnesota. Most of that production came early in the season. Mullins carried a .278/.412/.515 slash through the end of April. He’s hitting .119/.119/.286 thus far in May. He’s clearly amidst a skid at the plate, but he still ranks among the sport’s most productive center fielders overall. He is tied for fourth at the position in homers and ranks eighth in on-base percentage (minimum 100 plate appearances).
Even if Mullins was punching above his weight through the season’s first few weeks, he’s a quality player. He has been an average or better hitter in five consecutive seasons. He has topped 30 stolen bases in three of the last four years. The public metrics are split on his glove — he rates more highly by Statcast’s Outs Above Average than he does in the estimation of Defensive Runs Saved — but there’s no doubt that he can play center field. There’s a dearth of talent at the position on the trade market, especially if Luis Robert Jr. continues to underperform offensively.
Mullins is making $8.725MM in his final season of arbitration control. There’s a decent chance the O’s would make him the qualifying offer if he’s not traded, but a multiple-prospect package could be superior to one compensatory draft pick. The Guardians, Phillies, Mets, Rangers and A’s are just a handful of contenders that could look for an upgrade in center field.
Respective images courtesy of Mark J. Rebilas and Gregory Fisher, Imagn Images
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