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Rangers acquire Welington Castillo, expected to decline 2020 option

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On Thursday, the Rangers announced that the club acquired catcher Welington Castillo and international slot money ($250,000) from the White Sox in exchange for minor leaguer Jonah McReynolds. MLB.com’s Mark Feinsand says the Rangers are expected to decline Castillo’s $8 million club option for the 2020 season, instead buying him out for $500,000.

Obviously, the acquisition of Castillo was all about the international slot money. They essentially converted $500,000 of non-applicable cash into $250,000 international cash. The Rangers aren’t novel for doing it, but it’s still funny to see when it happens.

Castillo, 32, will soon become a free agent. This past season with the White Sox, he hit .209/.267/.417 with 12 home runs and 41 RBI in 251 plate appearances serving as the understudy to James McCann behind the plate.