David Rubenstein, owner of the Baltimore Orioles, has expressed optimism about the team’s long-term prospects following the acquisition of Samuel Basallo, the first young player to sign a long-term, pre-arbitration contract extension under the current regime. The deal marks a significant step for the Orioles as they look to rebuild and compete in the future.
Rubenstein acknowledged the team’s current struggles, as they remain in last place in the league, but remains confident in the long-term potential of the deal. He emphasized the importance of investing in young talent, stating that Basallo’s contract is a clear signal of the organization’s commitment to developing players who can contribute to the team’s success over the next several years.
The contract, which is a pre-arbitration deal, means Basallo will have more control over his future salary and negotiating power as he progresses in his career. This move is seen as a strategic decision by the Orioles to secure the services of a promising young player who has the potential to become a key contributor to the team’s success in the coming seasons. Rubenstein’s comments reflect a broader strategy to focus on the future, even as the team continues to work through its current challenges.