The MLB regular season is over, and for teams that did not make the playoffs, the main priority is to re-sign key players to big money contracts. For the Baltimore Orioles, that player is slugging first baseman Chris Davis, and Orioles executive vice-president Dan Duquette is making sure that he is not going anywhere.

Baltimore Sun reports that Duquette believes they have the resources to sign Davis to a multi-million contract extension this winter. "We always field a very competitive team in Baltimore and we extend our resources to get our payroll as high as we can get it and still keep it affordable for our fans," the EVP said.

The 29-year-old slugger led the majors with 47 home runs while hitting .262 with 117 RBIs, per Baseball-Reference.com. Davis had his breakout season in 2013 by clubbing 53 home runs to a .286 batting average with 138 RBIs. He had a down year last season, batting an abysmal .196 but managed to rack up 26 home runs and 72 RBIs, giving him 126 homers in three seasons, which is the most in the majors.

"He's had a great year and he's been a great player for us, so obviously, we'd like to have him back. Whether we can do that in the market, that remains to be seen, but we're going to try," Duquette added via Baltimore Sun.

According to Forbes, Davis' value in free agency this winter will likely have him looking for a $20 million per year salary. And with Scott Boras as his agent, he could be looking at a possible deal worth $180 million for eight years, much like Mark Teixeira's contract with the New York Yankees in 2009.

The Boston Globe added that Orioles manager Buck Showalter is trying to convince owner Peter Angelos to make a strong effort in re-signing their first baseman. The manager view Davis as one of the centerpieces of the Baltimore offense and losing him will be a huge blow for the team.

If they can't sign him to a new contract, it will be the second season in a row where the Orioles let go the league's home run leader. Last season, the team saw Nelson Cruz leave for the Seattle Mariners to sign a four-year, $54 million contract, per Baltimore Sun.

Other key free agents for the Orioles this offseason are right-handed setup man Darren O'Day, left-handed starting pitcher Wei-Yin Chen, outfielder Gerardo Parra, utility player Steve Pearce and catcher Matt Wieters.