Villar, 28, is entering his third and final year of arbitration eligibility after earning $4.825 million in 2019. He is coming off of a strong season in which he played in all 162 games, spent significant time at two middle infield positions, and hit .274/.339/.453 with 24 home runs, 73 RBI, 111 runs scored, and 40 stolen bases across 714 plate appearances. Baseball Reference credited him with an even 4.0 Wins Above Replacement.
Villar is projected by MLB Trade Rumors to earn $10.4 million in arbitration, which is why the Orioles have placed him on waivers. The rebuilding Orioles have a projected 2020 payroll of $73 million with the current roster. They appear destined for a fourth consecutive fifth-place finish in the AL East now that they have jettisoned their best position player.