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Opt-outs Newsbeat

Saturday, November 03, 2018

Jason Heyward chooses not to opt-out of Cubs deal that still owes him $100M

Jason Heyward isn’t walking away from more than $100 million. According to the Chicago Sun Times, the outfielder let the opt-out deadline pass for his contact with the Chicago Cubs and will stay with the team for at least another year.

The opt-out is part of the eight-year, $184 million contract Heyward, 29, signed with the Cubs in 2016. He has five years and $106 million left on the deal.

The decision to decline the opt-out was probably a no-brainer for Heyward, though many on the North Side were hoping he would walk away from all that money. Despite the Cubs’ early exit from the playoffs in 2018, the team is still poised to compete in 2019 and beyond. Staying with them gives him a good shot at winning a second World Series ring, and possibly more. And he’s making $20 million in 2019 and at least that much through 2023. After seeing how last year’s free agent market played out for even established hitters, there’s almost no chance that he’d fetch that much on the open market.

So, what would it take for Heyward to do to make this one of the worse contracts of all time?

 

QLE Posted: November 03, 2018 at 09:36 AM | 39 comment(s)
  Beats: cubs, jason heyward, opt-outs

Tuesday, October 30, 2018

MLB hot stove: Should Dodgers’ Clayton Kershaw opt out of his contract and test free agency?

It has been two days since Clayton Kershaw and the Dodgers fell to the Red Sox in the 2018 World Series. The Dodgers have now lost back-to-back World Series and Kershaw has allowed 16 runs in 26 2/3 career innings in the Fall Classic. Not great.

Offseason deadlines come quickly, so although the World Series just ended, Kershaw has to make an important contract decision this week. Specifically, he has to decide whether to opt out of the remaining two years and $65 million on his contract. The deadline to do so is 11:59 p.m. ET on Wednesday.

“I haven’t made the decision yet,” Kershaw said when asked about the opt-out following Sunday’s Game 5 loss. “We have three days to talk, between us and the Dodgers, see what happens. And then we’ll go from there ... I think we’ll have some conversations, for sure.”

Betteridge’s law of headlines rides again.

QLE Posted: October 30, 2018 at 11:05 PM | 24 comment(s)
  Beats: clayton kershaw, free agency, opt-outs

 

 

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