I'm tired of hearing about the Yankees and Red Sox, so here goes.
You know who I think has a chance of being good in 2-3 years? The Orioles. This is what I think needs to be done:
1. Sign their young outfield. Sign Markakis, Pie, Reimold, and Jones to long term deals. Markakis is already done.
2. Trade their older sluggers for close to ready major league ready prospects/younger players. Trade Brian Roberts, Aubrey Huff, and Melvin Mora. Keep Luke Scott as he is inexpensive and isn't as old and should still be good for when they are ready to compete. Keep Wigginton as he is versatile and will most likely play everyday just at different positions each day. This will probably be the biggest bullet to bite, but it needs to be done. They could get some mucho good starting pitching and infield prospects from teams that are looking to restock for next year (Mets, Tigers, Cubs, Brewers, Giants, Rangers).
3. Call up some of their own infielder prospects this September and flat out tell them they are now competing for a spot for next season, and will be competing through Spring Training. Justin Turner SS/2B, Melvin Dorta 2B, Miguel Abreu SS/2B, Joshua Bell 3B/1B, Robert Andino SS/2B, Michael Aurbey 1B, Brandon Snyder 1B are the spots they are competing for. Keep Cesar Izturis to start off the year as a starting shortstop but give others a chance to shine occasionally next year and maybe they will hit a solid performer who can take over as starting shortstop.
4. Sign a couple veteran pitchers, perhaps one starter and one reliever. Both Miguel Batista and Mark Hendrickson aren't terrible and could probably be had for fairly cheap to both 1 or 2 year deals. This would give their young pitching prospects they receive in the trades direction and influence, and won't break the bank, and also eat up some innings to keep the young arms fresh.
5. Go into Spring Training with an open mind. What the Rays did in 2008 was go into Spring Training with a completely open attitude. They didn't expect to do good or bad, but they expected to do better and get younger so they are only able to improve.
6. When the Orioles are ready to compete, sign a BIG free agent starting pitcher to fill their needs. With the money they saved on staying young for the past 2 years, and the fact that they offered Teixeira a HUGE contract says that they have a lot of money to spend. Possible options: Dave Bush, Roy Halladay, Joe Blanton, Javier Vazquez. Not only will this give them a great starting pitcher to soak in their new era, but it will show the team they are now ready to go for the gold, raising the clubhouse atmosphere to a new level.
If the Orioles do this, and Wieters and a couple of their pitching prospects pan out, I see them doing wonders similar to the Rays in 2-3 years.