Orioles, Shane Baz Near Deal on Contract Extension

Orioles, Shane Baz Near Deal on Contract Extension

Jeff Passan of ESPN reported on March 27, 2026 that the Orioles are finalizing a five-year, $68 million extension with right-hander Shane Baz. Filmogaz.com is covering the report and the developing details.

Reported terms

The deal is described as five years for $68 million. Baz is represented by Cornerstone Baseball Group.

Baz had been scheduled to reach free agency after the 2028 season. He had agreed to a $3.5 million salary for 2026 before reports of the extension.

Buyout structure

Passan followed up saying the agreement buys out Baz’s three arbitration years and two free-agent years. That language suggests the contract may replace his previously agreed 2026 salary.

  • Length: five years.
  • Gross value reported: $68 million.
  • Agent: Cornerstone Baseball Group.
  • Previously agreed 2026 salary: $3.5 million.
  • Buyout covers: three arbitration years and two free-agent years.

Financial implications

If the reported terms overwrite Baz’s 2026 salary, the new money paid would total about $64.5 million over four years. The full financial breakdown has not been released.

Context and next steps

The Orioles and Shane Baz appear close to agreeing on a contract extension. Official confirmation and the detailed contract language are still pending.

Filmogaz.com will update this story when teams release the full terms and the clubs make an official announcement.