By Lewis Gould
The announcement from Davis comes at a time when he still has one year remaining on the franchise-record, seven-year, $161 million contract he signed with the Orioles in the 2015-16 offseason.
That contract calls for a $23 million salary to be paid to Davis next year, and MLB Network’s Jon Heyman reports he’ll still receive that salary.
As part of the agreement to pay out that final year, however, he’s agreed to some form of restructuring, per Heyman.
Davis will still be paid his $23M salary in 2022 https://t.co/jZgFhc0yc3
— Jon Heyman (@JonHeyman) August 12, 2021