Zack Greinke Opts Out of Contract

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Dodgers righty Zack Greinke has officially opted out of his contract with the Dodgers, Bill Shaikin of the Los Angeles Times reports on Twitter. The widely-expected move puts him onto the open market as one of the league’s most appealing free agents.

Greinke signed with Los Angeles as a free agent before the 2013 season, locking up a $147MM guarantee over six seasons. That was a nice enough payday as it was, but his representatives at Excel Sports Management were also wise to negotiate a provision allowing the veteran to opt out after the 2015 season. He’ll give up a guarantee of three years and $71MM, but Greinke figures to earn quite a bit more than that on the open market.

While Greinke is now 32 years of age, he’s also coming off of a sublime 2015 campaign. He led the league with a 1.66 ERA over 222 2/3 frames. Greinke retired 8.1 batters per nine via strikeout and induced a 48.0% groundball rate while permitting only 1.6 BB/9 and a league-low 0.844 WHIP.

Read more here:

http://www.mlbtraderumors.com/2015/11/zack-greinke-opts-out-of-contract.html

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