The first long-term extension of the Mike Elias era has been signed in Baltimore -- and it went to the 21-year-old phenom who made his MLB debut only five days ago.

The Baltimore Orioles on Friday became the latest team to sign a prospect with little or no experience in the major leagues to a long-term contract extension. They signed top catching prospect Samuel Basallo to an eight-year, $67M contract extension not long after calling him up to the majors.

The Baltimore Orioles recently signed catching prospect Samuel Basallo to a massive contract extension. What does this mean for Adley Rutschman?

Basallo, 21, only just debuted on Aug. 17. In four games since, he's batted .286/.333/.357 with an extra-base hit and a strikeout in 15 trips to the plate. He had previously spent the season in Triple-A, hitting .270/.377/.589 with 23 home runs and 17 additional extra-base hits.

The ongoing Adley Rutschman saga took another turn this week, when the Baltimore Orioles locked up top young catching prospect Samuel Basallo to an eight-year deal. Rutschman is only under team control through the 2027 season,