BALTIMORE — Ramón Laureano, an outfielder, has signed a one-year agreement with the Baltimore Orioles that includes a team option worth $6.5 million for the year 2026.

The details of Laureano’s contract, which was revealed on February 4, indicate that it guarantees him $4 million. Additionally, he will be provided a hotel suite during his team’s road games.

Performance bonuses are also part of the contract, with Laureano set to receive $100,000 if he secures the MVP title. Should he finish second or third in MVP voting, he would be awarded $75,000 and $50,000, respectively. Furthermore, if he earns the World Series MVP title, he will gain an additional $100,000. Laureano will also receive $50,000 for being selected to the All-Star team, or for winning a Gold Glove or Silver Slugger award, as well as for being named the MVP of the League Championship Series.

Last season, Laureano played for both Cleveland and Atlanta, where he hit .259, launched 11 home runs, and drove in 33 runs. Atlanta picked him up on May 29, shortly after parting ways with the Guardians. His prior season’s salary stood at $5.15 million.

Throughout his career, Laureano has maintained a .247 batting average, hitting 82 home runs and accumulating 252 RBIs over seven seasons with teams including Oakland (from 2018 to 2023), Cleveland (2023-2024), and Atlanta.