After signing Samuel Basallo to a long-term contract extension Friday, Orioles owner David Rubenstein and general manager Mike Elias held a news conference Saturday to discuss the magnitude of the agreement and the future of the ballclub.

Baltimore Orioles owner David Rubenstein says his front office will work to lock up more young players to long-term deals.

After Samuel Basallo became the first young Baltimore Orioles player to sign to sign a long-term, pre-arbitration contract extension under this current regime, owner David Rubenstein expressed long-term optimism despite the club's last-place standing.