Baltimore has declined its $11 million team option on Mark Reynolds after he set a career-low in slugging percentage while being moved from third base to first base.
However, because he’s still an arbitration-eligible player Reynolds does not simply become an outright free agent. Instead, as Brittany Ghiroli of MLB.com reports, the Orioles have until November 30 to decide if they want to offer him arbitration.
If they do that, he’d likely get a raise on this year’s $7.5 million salary, but perhaps to a lesser amount than the $11 million option. If instead they non-tender Reynolds the 29-year-old slugger will hit the open market with a $500,000 buyout.
Reynolds would be an interesting free agent because despite hitting just .213 during the past three seasons and striking out as much as any hitter in baseball he’s never posted an OPS below .750 and has 35-homer power. In a weak year for first basemen it wouldn’t be surprising to see him get a multi-year deal from a team in need of right-handed power.
Buster Posey has opted out of the 2020 MLB season. The San Francisco Giants have issued a statement saying that they “fully support Buster’s decision. Buster is an integral part of our team and will be sorely missed, but we look forward to having him back in 2021.”
Posey and his wife are adopting identical twin girls who were born prematurely and who are currently in the NICU and will be for some time. They are stable, but obviously theirs is not a situation that would be amenable to the demands of a baseball season as it’s currently structured.
Poset had missed all of the Giants’ workouts so far, Recently he said, “I think there’s still some reservation on my end as well. I think I want to see kind of how things progress here over the next couple of weeks. I think it would be a little bit maybe naive or silly not to gauge what’s going on around you, not only around you here but paying attention to what’s happening in the country and different parts of the country.” He said that he talked about playing with his wife quite a great deal but, really, this seems like a no-brainer decision on his part.
In opting out Posey is foregoing the 60-game proration of his $21.4 million salary. He is under contract for one more year at $21.4 million as well. The Giants can pick up his 2022 club option for $22 million or buy him out for $3 million.
A veteran of 11 seasons, Posey has earned about $124 million to date. Which seems to be the common denominator with players who have opted out thus far. With the exception of Joe Ross and Héctor Noesí, the players to have opted out thus far have earned well above $10 million during their careers. Players that aren’t considered “high risk” and elect not to play do not get paid and do not receive service time.