Headlines

  • Albert Pujols To Interview For Angels’ Managerial Vacancy, May Be “Leading Choice”
  • Bill Schmidt Will Not Return As Rockies’ GM
  • Brian Snitker Will Not Return As Braves’ Manager In 2026
  • Angels To Have New Manager In 2026
  • Rays Sale To Patrick Zalupski’s Group Officially Completed
  • Guardians Promote Chase DeLauter For Wild Card Series
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

Remove Ads
  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Athletics
      • Houston Astros
      • Los Angeles Angels
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

Players With Opt-Out Clauses

By Tim Dierkes | April 4, 2013 at 10:02am CDT

The opt-out clause seems to be gaining in popularity over the last ten years or so.  The most popular example is Alex Rodriguez's first contract, negotiated by Scott Boras in December of 2000.  That record deal allowed A-Rod to opt out after the seventh year, and he did so (during the World Series) to eventually snare an even larger contract.  We've also seen J.D. Drew, A.J. Burnett, C.C. Sabathia, and Rafael Soriano use opt-out clauses to their advantage.  Vernon Wells had the ability to opt out after the 2011 season, but chose to stick with his current contract.  Here's a look at current Major Leaguers with opt-out clauses or something similar:

  • Zack Greinke, Dodgers.  Greinke can opt out after the 2015 season, at which point he'd have three years and $71MM remaining ($23.67MM AAV).  He'll be 32 at that point, so there's a possibility for another $100MM contract.
  • Elvis Andrus, Rangers.  Andrus' new deal with the Rangers, which was officially announced today, allows him to opt out after the 2018 or 2019 season.  I haven't yet seen the year-by-year salary breakdown, but using the $15MM AAV, Andrus would either leave four years and $60MM or three years and $45MM on the table by opting out at age 30 or 31.
  • Hyun-Jin Ryu, Dodgers.  Ryu may opt out after the 2017 season, leaving one year and $7MM on the table, if he reaches 750 innings pitched from 2013-17 (an average of 150 per year).
  • Barry Zito, Giants.  Zito has an $18MM club/vesting option for 2014, of which he may opt out and receive a $3.5MM buyout if it vests.  The option vests with 200 innings in 2013, a level he has not reached since his last year in Oakland (2006).
  • Ubaldo Jimenez, Indians.  Having been traded in the midst of his contract, Jimenez can void the Indians' $8MM club option for 2014.
  • Joe Nathan, Rangers.  Nathan may void a $9MM club option for 2014, forfeiting a $750K buyout, with 55 games finished this year.  He finished 62 in 2012.
  • Derek Jeter, Yankees.  Jeter has an $9.5MM player option for 2014 with a $3MM buyout.  The option value increased by $1.5MM when Jeter won a Silver Slugger award last year, and would have gone up another $2MM had he finished one spot higher in the MVP voting.  It is reasonable to expect Jeter to decline the player option, since he only needs to top one year and $6.5MM after the buyout to come out ahead.
  • Mike Scioscia, Angels manager.  Scioscia can walk away after 2015, leaving three years and $18MM on the table.

What's next for the opt-out clause?  The Dodgers handed out two this offseason, and Andrus set a precedent for a non-free agent to get two of them.  It'd be a fair request for Clayton Kershaw, even though Justin Verlander did not receive one.  An opt-out clause could also be a target for Robinson Cano, though it's been more popular with Scott Boras than CAA.

Share Repost Send via email

Uncategorized

Latest On Robinson Cano
Main
White Sox Sign Tyler Greene
View Comments (0)
Post a Comment

Leave a Reply Cancel reply

Please login to leave a reply.

Log in Register

    Top Stories

    Albert Pujols To Interview For Angels’ Managerial Vacancy, May Be “Leading Choice”

    Bill Schmidt Will Not Return As Rockies’ GM

    Brian Snitker Will Not Return As Braves’ Manager In 2026

    Angels To Have New Manager In 2026

    Rays Sale To Patrick Zalupski’s Group Officially Completed

    Guardians Promote Chase DeLauter For Wild Card Series

    Bruce Bochy Will Not Return As Rangers Manager Amid “Financial Uncertainty”

    Liam Hendriks Undergoes Ulnar Nerve Transposition Surgery

    Twins Fire Rocco Baldelli

    Giants Fire Bob Melvin

    Pirates Sign Manager Don Kelly To Extension

    Pete Alonso To Opt Out Of Mets Contract, Enter Free Agency

    Padres Place Ramón Laureano On Injured List Due To Finger Fracture

    Willson Contreras Will Consider Waiving No-Trade Clause But Prefers To Remain With Cardinals

    Cade Horton To Miss At Least One Playoff Series Due To Rib Fracture

    MLB To Take Over Mariners’ Broadcasts In 2026

    Nolan Arenado More Open To Waiving No-Trade Clause As Cardinals Plan To Rebuild

    Sonny Gray Will Consider Waiving No-Trade Clause This Offseason

    Nationals To Hire Paul Toboni As President Of Baseball Operations

    Astros’ Luis Garcia Will Miss 2026 Season Due To Elbow Surgery

    Recent

    Marlins Notes: Alcantara, First Base, Garrett, Meyer

    Braves Outright Jarred Kelenic, Four Others

    Rays To Look For Catching Help

    22 Players Elect Free Agency

    Giants Notes: Coaches, Eldridge, Smith, Bochy

    Declan Cronin Undergoes Tommy John Surgery

    Albert Pujols To Interview For Angels’ Managerial Vacancy, May Be “Leading Choice”

    MLB Mailbag: Cubs, Mets, Guardians, Athletics

    Bill Schmidt Will Not Return As Rockies’ GM

    MLBTR Podcast: Mike Elias On The State Of The Orioles

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • Every MLB Trade In July
    Trade Rumors App for iOS and Android App Store Google Play

    MLBTR Features

    MLBTR Features

    • Remove Ads, Support Our Writers
    • Front Office Originals
    • Tim Dierkes' MLB Mailbag
    • Front Office Fantasy Baseball
    • MLBTR Podcast
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    Navigation

    • Sitemap
    • Archives
    • RSS/Twitter Feeds By Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    Do not Sell or Share My Personal Information

    hide arrows scroll to top

    Register

    Desktop Version | Switch To Mobile Version