Infielder Jorge Polanco is now a free agent, reports Jon Heyman of The New York Post. Heyman says Polanco is turning down an $8MM mutual option but Polanco actually converted that to a $6MM player option during the season. Regardless of the details, the larger point is that Polanco is heading back to the open market, collecting a $750K buyout on his way out the door.
The decision is not a surprise. Polanco is coming off a tremendous bounceback season. He stepped to the plate 524 times and hit 26 home runs. His .265/.326/.495 batting line translated to a 132 wRC+, his best offensive performance over a full season in his career.
It wasn’t a perfect season. Ongoing knee problems kept him mostly in the designated hitter spot, though he appeared to get healthier as the year wore on. He made just 34 starts at second base but most of those were after the All-Star break, including 15 in September.
He undoubtedly has more earning power now than he did a year ago, despite being a year older. The aforementioned knee problems limited him to just 118 games with a rough .213/.296/.355 slash line and 93 wRC+. He underwent knee surgery in October. Despite that poor showing and uncertain health status, the Mariners still re-signed him to a one-year deal with a $7.75MM guarantee. That came in the form of a $7MM salary plus a $750K buyout on an $8MM mutual option. Polanco could convert that to a $6MM player option with 450 plate appearances, which he easily topped.
His better platform season and improved health outlook should line him up for a better deal, likely with multiple years, so turning down one year and $6MM is an easy call. The Mariners have interest in bringing him back but he will have other suitors as well and Seattle may be prioritizing a Josh Naylor reunion.
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