Report: Orioles offer Davis 7-year, $150M deal

The Baltimore Orioles have opened the bidding on slugger Chris Davis.

Orioles general manager Dan Duquette met with Davis' agent Scott Boras on Tuesday, and the team has reportedly offered roughly $150 million over seven years, according to Buster Olney of ESPN.

The offer appears to be the max the Orioles are willing to spend on Davis, as it's been reported that Baltimore doesn't want to exceed the $150-million threshold for the 29-year-old.

Duquette sounded less than optimistic coming out of Tuesday's meeting, saying no progress had been made, but they intend to keep a dialogue ongoing.

"You can go a certain distance on these things and then you need to look at some other options," Duquette told reporters Wednesday. "We've got some other options in place. We'd like to sign Chris, but if that doesn't work out, there are some other things we can do and we have some other money we can invest."

Losing Davis would represent a significant loss to the Orioles' lineup. The All-Star has hit an MLB-leading 126 homers over the past three seasons.

Baltimore was rumored to be interested in trading for Adam Lind or Mitch Moreland, though they are now out on both, according to Ken Rosenthal of FOX Sports.