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Thread: magglio could be released

  1. #31
    Member
    Join Date
    Feb 2008
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    664

    Re: magglio could be released

    If we did get him after a release, wouldn't we be on the hook for the option too though?

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  3. #32
    Member
    Join Date
    Mar 2002
    Location
    WEST CARROLLTON OHIO
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    1,281

    Re: magglio could be released

    I think I read that the Tigers are on hook for the opion.

  4. #33
    Member
    Join Date
    Jul 2007
    Posts
    1,124

    Re: magglio could be released

    Quote Originally Posted by BEETTLEBUG View Post
    I think I read that the Tigers are on hook for the opion.
    I think that's right. They are the hook for like 18 million but can avoid paying an additional 14 million if they release him before a certian amount of ABs.

    I could be wrong though.

  5. #34
    Dude Rock
    Guest

    Re: magglio could be released

    The way I understand it is that the contract is with the Tigers...........and if he doesn't reach a certain amount of AB's with the Tigers this year, they have the option of buying out the two remaining years of his contract for $3 million. More than likely, they release him and buy out his contract. The team that picks him up off waivers will not be on the hook for his contract and will only be responsible to pay him the league minimum.

    Might not be a bad situation because Ordonez will essentially be a free agent after the season and playing for a new contract...............highly motivated to impress.


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