Aramis Ramirez Voids Option

The Cubs exercised their $16MM option on Aramis Ramirez, but the slugging third baseman exercised a contractual right to void the option and forfeit his $2MM buyout, according to Gordon Wittenmyer of the Chicago Sun-Times (on Twitter).

Ramirez, a projected Type B free agent, will explore the free agent market following a season in which he belted 26 homers and posted a .306/.361/.510 triple slash line. With the exception of 2009, Ramirez has hit 25 or more home runs every year since 2003. Given the thin market for free agent third basemen, Ramirez should have no problem securing a multiyear deal that will guarantee him more than the $16MM he'd have earned in 2012.

Earlier in October, Ramirez made it clear he would need a multiyear commitment to return to the Cubs, so it's not surprising to see him decline the opportunity to return on a one-year deal. Exercising the option was the first transaction for Theo Epstein as president of the Cubs, and Jed Hoyer's first as the team's GM. Assuming the Cubs later offer Ramirez arbitration and he turns it down, they'll get a supplemental draft pick if he signs elsewhere.


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112 Comments on "Aramis Ramirez Voids Option"


Member
Chris Delgado
3 years 8 months ago

He turned down $16 million?

Member
John Bowman
3 years 8 months ago

Sure. He’s hitting the market coming off of a healthy and effective season. Next season, he might miss a month or three with a nagging inury and be less effective after coming back.

Member
Lars Chunks
3 years 8 months ago

He’ll cash in somewhere.  There’s a shortage of offensive 3B right now.

Member
woadude
3 years 8 months ago

Ask yourself what teams are short of a third baseman that intends to invest more than 16 million a year to, lol Aramis is a fool for turning down that option.

Member
scott brecht
3 years 8 months ago

he wants a multiyear deal.  he will by the best option at 3rd base this offseason.  nobody said he would get more than 16 mil a season.  but he will get at least 1 3 deal year.  

Guest
3 years 8 months ago

id rather have a 1yr $16M deal than a 3yr/30M..maybe he has no condidence that he’ll have another good yr

Member
NYBravosFan10
3 years 8 months ago

Wow, this one is actually pretty shocking

Member
jb226
3 years 8 months ago

Not that surprising, really.  He is the best third baseman available by far.  He might not get quite $16MM next year but he’ll certainly get multiple years (which he said he would stay for if the Cubs gave it to him, so that’s obviously his goal).  Plus he’s coming off a strong year, so it’s not like waiting another year helps him in that regard.

Guest
3 years 8 months ago

It was a strong 4 months.  He did absolutely nothing in April and May as he helped bury the Cubs in the standings.

Member
Lars Chunks
3 years 8 months ago

The Cubs won’t re-sign him.  Theo wants to rebuild their terrible farm system and will gladly take the draft picks for Ramirez and Pena.

Member
jayrig5
3 years 8 months ago

If the Cubs could bring him back for 3/36 (or somewhere in that ballpark) (Edit: I’m factoring in the potential for a hometown discount in exchange for the multi-year deal), which might be a pipe dream, but humor me, would you do it?  

I agree with the post below that they’d gladly take draft pick compensation if he leaves, but I’m sure they’d also like to fill 3rd base at the major league level without having to trade prospects for another team’s 3rd baseman.  That would defeat the purpose of building the system.

I like the idea of a competent guy at 3rd, with the price being nothing but a chunk of major-league payroll, which is arguably the least concerning thing for next year’s team.

Member
padresfuture
3 years 8 months ago

How about Chase Headley, Jason Bartlett(plus some cash to the Cubs), and one of the Padres Top AA(they have several) pitching prospects for Starlin Castro? This would enable the Cubs to comfortably offer big money to either Pujols or Fielder and fill the vacant 3B spot with an on base machine for Fielder to drive runs in, plus help the Cubs start rebuilding their farm system with a middle of the rotation arm that could be ready by late this year(Castro, Erlin, or Kelly).

Member
jayrig5
3 years 8 months ago

No.  That’s not going to happen.  Castro is worth way more than that, by any measure.  

(Age, position, skills, contract)There’s no way they trade him.  

Member
3 years 8 months ago

He can easily get much more and years on the open market

Member
DrRickRollins
3 years 8 months ago

So I guess he is expecting somewhere around 3/60MM to 5/90…or more?

Member
jb226
3 years 8 months ago

I don’t think the yearly money is going to go up, just the number of years.  4/$60MM seems doable, though probably on the high end of what he can expect.    

Member
chico65
3 years 8 months ago

I think something inthe area of 3/45 is most likely, but I wouldn’t put it past someone to add on a 4th year

Member
Shu13
3 years 8 months ago

again I agree he’s in the 3/$45m range….maybe 4/$60m but the 4th being an option yr

Member
bjsguess
3 years 8 months ago

Someone will be making a huge mistake paying $15m a year for 3 or 4 years. Over the past 3 years Ramirez has been worth approximately $10m/year. Unless he is going to be more effective and more healthy for his 34-37 years than he was for his 31-33 years this will be a bad bet.

Member
3 years 8 months ago

3/$60MM?  He’s not getting $20 annually.  I’m guessing 4/$60 as well.

Member
DrRickRollins
3 years 8 months ago

Oh, I never said he was going to get that. My guess was more along the lines of what he may be asking for at the start of FA.

I agree with him settling for 3/45~4/60 as well…then again, stranger things HAVE happened…

Member
Wilsonl
3 years 8 months ago

I think he’d rather want a championship.

Guest
3 years 8 months ago

Then you dont know him to well

Member
Wilsonl
3 years 8 months ago

Where is this “well” you are talking about?

Member
chico65
3 years 8 months ago

And why is he going to it?

Member
bpot92
3 years 8 months ago

in a weak free agent market he is looking for a multi year deal

Guest
3 years 8 months ago

so he will be offered arbritration because the cubs know he’ll turn it down.