Mateo signed a one-year, $2.7 million contract with the Orioles on Friday, avoiding arbitration, Mark Feinsand of MLB.com reports.
Mateo made $2 million in 2023 while slashing .217/.267/.340 with seven homers and 32 steals over 116 games as the O's primary shortstop. He might be more of a utility player in 2024, which will stunt his fantasy value, but the 28-year-old offers good speed and defensive versatility for the reigning AL East champions.