Adam Jones is the best player on the first-place team in baseball's most competitive division and the Orioles aren't going to let him slip away. They are nearing a long-term contract extension with the center fielder, Ken Rosenthal and Jon Paul Morosi of FOX Sports report (all Twitter links).
Jones completed his physical yesterday and the sides are in the process of completing the final details of the contract. The Orioles are making a commitment "well north" of Miguel Tejada's six-year, $72MM contract and Nick Markakis' six-year, $66MM extension, Rosenthal and Morosi report. This means the CAA Sports client will sign the largest contract in Orioles history.
Jones, 26, is earning $6.15MM this year as a second-time arbitration eligible player. The extension will buy out one year of arbitration eligibility and an unknown number of free agent seasons.
Jones is hitting .311/.357/.601 in 196 plate appearances this year. He's on his way to establishing career-highs in home runs (14 so far) and slugging percentage. Though he has a career on-base percentage of .322, his walk rate and on-base percentage are both on the rise.
Earlier this month Dave Cameron of FanGraphs compared Jones' breakout to Matt Kemp's 2011 season and suggested an extension in the $120-140MM range could work for both sides.