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The Phillies, unsurprisingly, won’t pick up Cliff Lee’s $27.5 million option for 2016

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The Phillies won’t pick up starter Cliff Lee‘s $27.5 million option for the 2016 season, MLB.com’s Todd Zolecki reports. They will instead pay him a $12.5 million buyout as the lefty will likely head into retirement.

Lee, 37, hasn’t started for the Phillies since July 31 last season. He was shut down with a left flexor pronator strain, but both he and the team believed he could rehab without surgery and return for spring training. Lee made only one spring training start before his elbow issue flared up again. The Phillies shut him down in mid-March, and an optimistic timetable had him potentially returning for a few starts at the end of this season, but that obviously isn’t happening.

Lee, over parts of four seasons with the Phillies after signing a five-year, $120 million contract, compiled a 2.89 ERA with a 1.085 WHIP and a 739/114 K/BB ratio over 747 2/3 innings.