The Royals have re-worked Jeremy Guthrie’s contract

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Not every team can have MLB swoop in and relieve them of $27.5 million of payroll obligations. Some teams, if they want a little more breathing room, have to rework deals a couple million at a time!

Joel Sherman reports that the Kansas City Royals have done just that, reworking their contract with Jeremy Guthrie by adding a $10 million mutual option for 2016. Now Guthrie will make $8 million in 2014 rather than $11 million and his new mutual option will include a $3.2 million buyout. It’s the same amount of guaranteed money as the originally-agreed-to deal, it just frees some up on the front end.