2011 Vesting Options Update

We entered the season with nine 2011 vesting option situations to watch.  With one month in the books, several have already been pretty much decided.  Let's take a look.

  • Brian Fuentes, Angels.  A back strain put Fuentes on the DL for a little while, making it unlikely he reaches 55 games finished.  He'd need 51 in the team's remaining 136 games to cause his $9MM option to vest.
  • Billy Wagner, Braves.  Wagner's $6.5MM option vests with 50 games finished.  He's finished eight games so far, and would have a shot at 50.  However, the 38-year-old lefty recently told Braves manager Bobby Cox he'll retire after the season.
  • Trever Miller, Cardinals.  His $2MM option vests with 45 games, and he's appeared in seven so far.  That's behind Miller's typical pace; he's averaged 71 the last three years.  It's probably random, and Miller should still reach 45 games. 
  • Matt Cain, Giants.  The $6.25MM option probably would've vested, but the Giants decided to guarantee Cain's 2011 salary at $7MM as part of an extension.
  • Kerry Wood, Indians.  His $11MM option vests with 55 games finished, but a back injury has Wood just now approaching his 2010 big league debut.
  • Alex Cora, Mets.  His $2MM option vests with 80 starts.  He's started ten games so far.  With Luis Castillo and Jose Reyes in the Mets' middle infield, we can't rule this one out yet.
  • Darren Oliver, Rangers.  His $3.25MM option vests with 59 appearances.  He's already made a dozen, so this is looking likely.
  • Ramon Hernandez, Reds.  His $3.25MM option vests with 120 games played.  Hernandez is at 16 so far, with the red-hot Ryan Hanigan getting more playing time recently.
  • Magglio Ordonez, Tigers.  His $15MM option vests with 135 starts or 540 plate appearances.  He's at 25 games started and 113 plate appearances, so he'll get there barring injury.
  • We're down to five vesting options to monitor: Miller, Cora, Oliver, Hernandez, and Ordonez.  Also keep an eye on Francisco Rodriguez, whose scary $17.5MM option for 2012 vests with 100 games finished in 2010-11, 55 games finished in '11, and a successful physical after the '11 season.  K-Rod has finished nine games on the young season.

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8 Comments on "2011 Vesting Options Update"

5 years 3 months ago

wow that option for K-rod is scary

5 years 3 months ago

I wish Magglio was still slumping

5 years 3 months ago

That K-Rod option is for the 2012 season, the rest are for the 2011 season, no?

5 years 3 months ago

Yeah…my bad, that was a typo on K-Rod. Fixed it.

5 years 3 months ago

It’s also not quite as scary as it sounds, Tim. According to Cots, of the $17.5M, 3.5M is guaranteed (and included in the original $37M contract value) as a termination buyout if the option doesn’t vest. So it’s really only a $14M amount at risk.

Not as scary, unless you’re writing the checks.

5 years 3 months ago

I dont think closer should make anything close to what K-rod is making, they pitch only one inning even if it is a really important one.

5 years 3 months ago

Omar is a worse overpayer than Stienbrenner.

5 years 3 months ago

He wasn’t thinking. Bad GMs don’t think, they write blank checks.