Oct 24, 2011, 4:16 PM EST
Instead of exercising his $16 million option the Phillies will give Oswalt a $2 million buyout and Lidge will get a $1.5 million buyout instead of a $12.5 million option.
In announcing the moves general manager Ruben Amaro Jr. said that the Phillies will talk to both pitchers about returning at lesser salaries.
Lidge was limited to just 19 innings because of injuries and his raw stuff has declined significantly, but he still posted a 1.93 ERA and 23 strikeouts (along with 13 walks). Oswalt also missed time with back problems, but was plenty effective when healthy with a 3.69 ERA and 93/33 K/BB ratio in 139 innings.
Lidge may have to settle for a one-year deal and an opportunity to perhaps fight for a closer job, but if Oswalt is committed to playing beyond 2012 he should be able to command a multi-year contract.
- Suspending Josh Hamilton for a year would be obscene 121
- Report: MLB panel split on rehab for Josh Hamilton; one-year suspension is in play 40
- Joc Pederson goes 2-for-2 in Cactus League debut 6
- Braves scratch Mike Minor from start with more shoulder problems 6
- Daniel Murphy on Billy Bean: “I do disagree with the fact that Billy is a homosexual” 368
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 33
- Daniel Murphy on Billy Bean: “I do disagree with the fact that Billy is a homosexual” (368)
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (308)
- Curt Schilling lowers the boom on some men tweeting threats against his daughter (137)
- Suspending Josh Hamilton for a year would be obscene (123)
- Billy Bean responds to Daniel Murphy’s comments (85)