The Orioles made a four-year proposal to retain Corbin Burnes during free agency, the former Cy Young winner told reporters (relayed by Jake Rill of MLB.com). Burnes himself did not specify the dollar figure. However, Roch Kubatko of MASNsports.com reports that Baltimore’s final offer was for $180MM over four seasons.
Burnes ended up with the Diamondbacks on a six-year, $210MM contract that allows him to opt out after the ’26 season. Geography was a major factor. Burnes is a California native who now lives in Scottsdale, Arizona. He told reporters in January that he preferred to pitch close to home, especially because he and his wife welcomed twins last June. Burnes and agent Scott Boras initiated conversations with D-Backs owner Ken Kendrick in late December and quickly hammered out the deal.
Could the Orioles have dissuaded him from going to Arizona if they’d made a longer offer? Burnes didn’t directly answer that, though he implied that it may not have mattered. “The dollars (in Arizona) were more than what they were (in Baltimore),” the righty said (video provided by Matt Weyrich of The Baltimore Sun). “I just don’t think we matched up on the years it was going to take to get to a dollar amount for me to stay there. Now, I can’t guarantee I would have gone there had those offers come around just because … with us living here, if (the Diamondbacks) were going to be serious and have a fair offer, then this is where we were going to be. It’s tough to play the ’what-if’ game.”
Nevertheless, Burnes said that Boras remained in negotiations with the Orioles until a few days before his agreement with the Snakes. He noted that the Arizona deal came together “within a matter of 72 hours,” so conversations with other clubs had stretched close to the end.
If the Orioles’ offer to Burnes did not include any deferred money, it would have featured a massive $45MM average annual value. That would have been the largest AAV for a pitcher (not counting Shohei Ohtani) and third overall behind the $51MM which Juan Soto received from the Mets and the approximate $46MM annual net present value on the Ohtani deal. Max Scherzer, Justin Verlander and Zack Wheeler hold the top annual salaries for non-Ohtani pitchers. They all landed in the $42-44MM range on three-year contracts.
Burnes took a good amount less on an annual basis. His $35MM per-year salary is tied for 14th overall, but the contract included $64MM in deferred money that dropped the NPV below $194MM (equivalent to just over $32MM per year). It contained a $10MM signing bonus and $30MM salaries ($10MM deferred) for the two seasons before the opt-out decision. Burnes has given up eight runs, six of them earned, over 9 1/3 innings through his first two starts in an Arizona uniform.