Nov 4, 2013, 5:55 PM EST
This doesn’t happen often; mutual options are usually attached to contracts for the buyout, which allows a team to give a player a bit more guaranteed money without having to actual make the payout anytime soon. They’re hardly ever exercised, because how often is it that a team and a player are going to completely agree on what said player is worth a year or two ahead of time?
Had the Rockies declined their half, they would have paid Belisle a $250,000 buyout. Belisle’s option was tacked on to a two-year, $8.125 million deal the two sides agreed to in Feb. 2012.
The 33-year-old Belisle went 5-7 with a 4.32 ERA in 73 innings of relief last season. He’s made at least 70 relief appearances and pitched at least 70 innings in four straight seasons, amassing a nifty 3.52 ERA during that time frame. It should be noted that his ERAs have increased three straight years, but since his peripherals were better last season than in 2012, it doesn’t look like a total free fall. The Rockies aren’t bringing back injured ex-closer Rafael Betancourt and they have no other relievers making significant cash, so they felt they could spend the $4 million to keep their durable setup guy around.
- Aramis Ramirez says 2015 will be his last year 28
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 283
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 49
- Rob Manfred says a return to a 154-game season could happen one day 66
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (283)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)