Not good, but Angelos has long coveted Tex because of his Baltimore background. Maybe it would have taken $40 million/year to even get the foot in the door then...
Side note:
It's the final weekend of the 2000 season, the orioles enter it at 71-88 - 4th place in the division. The Yankees (eventual champions) come into town having already clinched.
The Birds role them in 3 consecutive games for the sweep to finish 74-88. (Baltimore actually finished the season winning 7 of their last 9.)
Why is this important? Because with 74 wins, Baltimore finished ahead of the Rangers in the AL standings...but behind them in the draft order.
In the 2001 draft, the Rangers took Tex (who the O's badly wanted even then) with the 5th overall pick. The Birds had to settle for LHP Chris Smith - viewed as a reach at the time - who only pitched in a grand total of 24 minor league games (none of which were above A ball).
Gotta love the Syd Thrift era...
(In the interest of fairness - I will point out that they also had another pick later in that round that they used on Mike Fontenot, who has proven to be a very competent ML player.)