Dodgers president Stan Kasten said to MLB Network Radio on Sunday that the club won’t worry until after the season about starter Zack Greinke potentially opting out of his contract.
Greinke signed a six-year, $147 million contract with the Dodgers in December 2012. The contract includes an opt-out clause after three seasons. So, if Greinke wanted to, he could opt out and hit the market as a free agent this off-season. If he decides to stay with the Dodgers, he would be owed $71 million over the final three years of the contract.
Greinke leads the majors with a 1.71 ERA. In a free agent class that will include Johnny Cueto, David Price, Scott Kazmir, and Jordan Zimmermann, Greinke would rank at the head of the class and likely could land a bigger contract.
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.