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Opt-outs Newsbeat

Tuesday, November 05, 2019

J.D. Martinez doesn’t opt out of contract with Red Sox

J.D. Martinez did not opt out of his contract with the Boston Red Sox.

By remaining with the Red Sox, Martinez can earn $62.5 million over the next three years: $23.75 million for 2020 and $19,375,000 for both 2021 and 2022. He also has the option to opt out after each of the next two seasons, as long as he does not spend a lengthy period on the injured list.

“J.D. has advised me that his decision is about assuring that he plays for a competitive team and wanting to continue to play in a place where he knows that he can be highly productive,” Scott Boras, Martinez’s agent, told The Boston Globe.

Over the past three seasons, Martinez leads the league in home runs with 124 and is second in RBIs at 339, batting average at .313, slugging percentage at .619 and OPS at 1.007 over that span.

This should make the Red Sox’s financial planning,,,,interesting, to say the least…..

 

QLE Posted: November 05, 2019 at 12:14 AM | 14 comment(s)
  Beats: j.d. martinez, opt-outs, red sox

Monday, November 04, 2019

Castillo declines to opt out of Red Sox contract

BOSTON (AP) — To the surprise of no one, outfielder Rusney Castillo declined to opt out of his contract with the Boston Red Sox and will remain in their minor league system.

Castillo agreed to a $72.5 million, seven-year contract in 2014 and has not appeared in a major league game since 2016. He could have voided the final season of his deal, which calls for a $13.5 million salary, and become a free agent.

And one of baseball’s strangest games of chicken continues onward.

 

QLE Posted: November 04, 2019 at 12:41 AM | 17 comment(s)
  Beats: opt-outs, red sox, rusney castillo

Sunday, November 03, 2019

MLB hot stove: Nationals’ Stephen Strasburg opts out of contract, becomes free agent, per report

As expected, Washington Nationals right-hander and reigning World Series MVP Stephen Strasburg has opted out of his contract, reports MLB.com’s Mark Feinsand. The Nationals have not yet confirmed the news. Strasburg is walking away from four years and $100 million. Saturday was the deadline to opt out.

Strasburg, 31, threw a National League leading 209 innings during the regular season, and finished with 3.32 ERA and 251 strikeouts. He then threw another 36 1/3 innings with a 1.98 ERA during Washington’s postseason run, including 8 1/3 innings of two-run ball with the season on the line in World Series Game 6.

The Nationals signed Strasburg to a seven-year extension worth $175 million in May 2016. The contract included heavy deferrals, as big Nationals contracts often do. Here is what Strasburg is leaving on the table:

2020: $25 million ($10 million deferred until 2027)
2021: $15 million
2022: $15 million
2023: $45 million ($30 million deferred until 2028-30)

 

QLE Posted: November 03, 2019 at 12:08 AM | 32 comment(s)
  Beats: free agency, opt-outs, stephen strasburg

Friday, November 01, 2019

Cubs Rumors: Yu Darvish Won’t Opt out of Contract, Avoids Free Agency

The Chicago Cubs no longer have to worry that Yu Darvish will explore the free-agent market after the four-time All-Star declined to use his opt-out clause.

Per MLB Network’s Jon Heyman, Darvish will remain with the Cubs.

When the Cubs signed Darvish to a six-year, $126 million deal in February 2018, it came with an opt-out after the second season that would allow him to explore free agency for the second time in his career.

There were legitimate reasons to assume the Japanese star might walk away and try to secure a new long-term deal. He finished 2019 on a high note with a 2.76 ERA, 0.81 WHIP and 118 strikeouts in 81.2 innings after the All-Star break.

Mind you, given both the last couple of years of the free-agent market and his past record, there are reasons why many other commentators aren’t surprised….

 

QLE Posted: November 01, 2019 at 12:12 AM | 1 comment(s)
  Beats: cubs, opt-outs, yu darvish

 

 

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