While they entered the season viewed as a surefire contender, the Orioles are buried in the standings headed into the second half of the season.

Their 35-46 record entering play today leaves them 11 games under .500 and seven games back of a playoff spot.

They’d need to leapfrog seven teams in order to fight their way back into one of the AL’s three Wild Card spots, but that doesn’t mean that GM Mike Elias and his front office are entirely committed to selling.

Elias spoke to reporters (including Roch Kubatko of MASN) about the team’s status headed into July, and revealed that he’s preparing as though either buying or selling this summer are on the table.

“People are making their preparations, they understand that we’re not committed to a path yet, but we’re doing preparation in both directions and have an understanding of where that might go,” Elias said, as relayed by Kubatko.

“So we want to keep playing, keep giving this team that we think is very talented, but unfortunately has started off with a bad record, as much chance as we can. But we’re gonna have to ultimately make a decision at some point here in July.”

It sounds as though Baltimore is content to wait for at least a little while longer before committing to an approach for this trade season, though Elias did acknowledge that the Orioles will have to be “realistic” about the amount of time required to act upon their goals for the deadline before adding that it’s “not one or two days.”

Whatever path they end up committing to, Elias made clear that ownership is willing to spend this deadline. That can take the form of adding salary in buy-side trades, or perhaps retaining salary on a sell-side trade to bring back a stronger return.

For a team in Baltimore’s situation, a willingness to retain salary can be a game changer in terms of the return they can expect for their players.

The Orioles have a number of veterans with relatively hefty salaries who could be potential trade candidates this summer.

Zach Eflin ($18MM), Charlie Morton ($15MM), and Tomoyuki Sugano ($13MM) all have salaries that could be difficult for some clubs with tight budgets to take on, while even players like Gary Sanchez ($8.5MM) and Ryan O’Hearn ($8MM) could be a problem for teams pressed up against the luxury tax threshold.

Eating salary not only makes the player inherently more valuable to the buying club, but it can also allow teams without much money to spend to enter the bidding and expand the overall field of interest for the player.

None of that will matter if the Orioles decide not to sell, but it’s going to require a massive turn around for the Orioles to be realistic contenders for October.

As of today, Fangraphs gives Baltimore just a 3.7% chance at making the postseason, and only the White Sox have a more daunting remaining schedule than the Orioles per the site’s strength of schedule metric.

With series against the Rays, Rangers, Guardians, and Blue Jays teed up between now and the trade deadline, Baltimore will likely need to win the majority of those series if they’re going to create an argument to avoid selling.

Unlikely as that may seem, it’s hardly unusual for teams on the periphery of the race to hesitate when presented with the opportunity to blow things up.

Despite entering the All-Star break with records around .500 last year, teams like the Pirates and Cubs opted to keep their teams largely intact and even do some buy-side trades that brought in controllable assets like Isiah Kiner-Falefa and Isaac Paredes.

Perhaps there’s room for the Orioles to take a similar approach, and if that is an option on the table, ownership’s willingness to add salary would be a key factor in making those sorts of longer-term additions feasible.

Sandy Alcantara is controlled for two seasons after 2025 and is widely considered one of the top players available this summer, but Edward Cabrera, Mitch Keller, Jarren Duran, and Bryan Reynolds are among a smattering of other players with multiple years of control remaining who could be moved this summer.

The trade deadline wasn’t the only thing Elias addressed in his comments to the media today, however. He offered praise for interim manager Tony Mansolino, who has led Batlimore to a 20-18 record since taking over for Brandon Hyde earlier this season.

Elias applauded Mansolino’s performance, saying the 42-year-old is “handling it extremely well,” though he went on to suggest that he has not yet made plans regarding the club’s search for a permanent manager.

It’s not clear whether that search will include Mansolino or not at this point, but Elias indicated that if he were to have discussions with his interim manager about staying in the role long-term, that conversation would come “a little later into the year.”

Something else Elias suggested Orioles fans could keep an eye out for later this year is the debut of top catching prospect Samuel Basallo. Elias acknowledged that he “hopes” to see Basallo in the majors this year, and while he added that his defense behind the plate needs work, he left the door open to some development at the big league level in that regard.

“Catching is the area that there’s still a lot of development left for him, and not all of that’s gonna be in the minors. But his bat is more ready than the catching and that tends to happen, and it’ll be developing in the majors, too,” Elias said, as relayed by Kubatko.

“But I think the experience that he’s getting, catching in Triple-A right now, is still really, really valuable. The game-calling, the handling veteran pitchers.”

That’s a notable shift in tone from comments Mansolino made about the possibility of a Basallo call-up.

The manager told reporters just last week that he hopes to see Basallo “knock the door down” to the majors after he “absolutely destroys Triple-A in all facets of the game.”

Those comments seemed to suggest the Orioles wanted Basallo to do relatively minimal development at the big league level, but it’s possible that recent injuries to Adley Rutschman and Maverick Handley that left the Orioles with a tandem of Sanchez and Chadwick Tromp behind the plate could have changed Baltimore’s thought process regarding their top prospect.