Lucas Giolito Converts Club Option To Mutual Provision
Briefly

Lucas Giolito Converts Club Option To Mutual Provision
"That pushes him to 140 frames on the season, clinching a contractual milestone that'll have an impact on the upcoming free agent class. Giolito has hit the vesting threshold needed to convert the Red Sox's $14MM club option into a $19MM mutual option. That means he'll be able to opt out in favor of a $1.5MM buyout and return to the open market in search of a multi-year deal."
"The 31-year-old righty is amidst his best season since he received down-ballot Cy Young votes each year between 2019-21. He has rebounded nicely from the elbow surgery that robbed him of his first year in Boston. Giolito returned this season on a $19MM player option. A Spring Training hamstring strain forced him to wait a few weeks to make his team debut, but he has been Boston's second most reliable starter over the past few months."
Lucas Giolito has reached 140 innings this season, activating the vesting threshold that converts Boston's $14MM club option into a $19MM mutual option. He will be able to opt out by taking a $1.5MM buyout and return to free agency to seek a multi-year contract. Giolito has rebounded from elbow surgery and returned this season on a $19MM player option after a Spring Training hamstring strain delayed his debut. The 31-year-old has been Boston's second-most reliable starter, posting a 2.86 ERA and averaging nearly six innings per start across 18 appearances since June, with no month above 3.41 ERA in the last four months.
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