Rich Dubroff

Reports: Orioles and closer Ryan Helsley in agreement on 2-year, $28 million contract

The Orioles are in agreement with right-handed closer Ryan Helsley on a two-year contract with an opt-out after the 2026 season, according to a report by ESPN’s Jeff Passan. The Athletic reports that Helsley will receive $28 million.

The deal is pending a physical.

The Orioles need a closer because Félix Bautista is expected to miss most if not all of the 2026 season after having rotator cuff and labrum surgery on his right shoulder.

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Helsey, who’s 31, was traded from the St. Louis Cardinals to the New York Mets on July 30th. He was 3-1 with a 3.00 ERA and 21 saves with St. Louis but was 0-3 with a 7.20 ERA in 22 games with the Mets. Helsley cited pitch tipping as a major contributor to his struggles in New York.

A two-time All-Star with the Cardinals, Helsley led the majors in saves with 49 in 2024.

In seven seasons, Helsley is 31-18 with a 2.96 ERA with 105 saves.

There was talk that teams had discussed converting Helsley to a starter, but he’ll be the Orioles’ closer in 2026.

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Call for questions: I answer Orioles questions most weekdays. Please send yours to: Rich@BaltimoreBaseball.com.

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Rich Dubroff

Rich Dubroff grew up in Brooklyn as a fan of New York teams, but after he moved to Baltimore, quickly adopted the Orioles and Colts. After nearly two decades as a freelancer assisting on Orioles coverage for several outlets, principally The Capital in Annapolis and The Carroll County Times, Dubroff began covering the team fulltime in 2011. He spent five years at Comcast SportsNet’s website and for the last two seasons, wrote for PressBoxonline.com, Dubroff lives in Baltimore with his wife of more than 30 years, Susan.

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