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Davis was extended a qualifying offer by the Orioles on Friday.

The Orioles were expected to tender an offer, but it's very unlikely Davis will accept. After a disappointing 2014 campaign, the 29-year-old had a bounce-back 2015, slugging 47 home runs while raising his average back up to .262. He'll be among the most coveted free agents, and could land the highest contract among hitters of the 2016 class.

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