Orioles agree to two-year deal with Ryan Helsley, sources say - ESPN

Closer Ryan Helsley and the Baltimore Orioles are in agreement on a two-year, $28 million contract that includes an opt-out after the first season, sources told ESPN, continuing the remaking of Baltimore's beleaguered pitching staff with one of the most sought-after relievers on the free agent market.

While multiple teams sought to sign Helsley as a starter, the 31-year-old right-hander chose to remain in the role that made him a two-time All-Star and will hand him the ninth inning for the Orioles while retaining the ability to reach the open market after 2026.

Helsley, whose deal is pending a physical, is the second bullpen addition of the winter for Baltimore, which reacquired right-hander Andrew Kittredge from the Cubs after dealing him to Chicago at the trade deadline. With a moribund pitching staff, the Orioles went 75-87 and finished in last place in the American League East after consecutive postseason berths.

Orioles president of baseball operations Mike Elias trawled the free agent market for a late-inning option and landed on Helsley, who over his seven-year career has a 2.96 ERA in 319⅔ innings with 377 strikeouts, 133 walks and 105 saves.

Among the lowest points were the final two months of Helsley's 2025 season, when, following a deadline deal from St. Louis to the New York Mets, he posted a 7.20 ERA and allowed 36 baserunners in 20 innings. Coming off an All-Star showing for St. Louis in 2024, which included a National League-leading 49 saves and a 2.04 ERA, Helsley saved 21 games with a solid 3.00 ERA for the Cardinals before the deadline, when he was sent to the Mets for three prospects.

Acquired to deepen a New York bullpen anchored by closer and fellow free agent Edwin Diaz, Helsley struggled badly