Advertisement

 SAN FRANCISCO (AP) - The San Francisco Giants have formally parted ways with left-hander Barry Zito, declining to exercise his $18 million contract option for next season and instead owing him a $7 million buyout.
Also Saturday, San Francisco declined its $3 million mutual option for outfielder Andres Torres and must pay him a $500,000 buyout.
Zito, 35, has known this moment was coming, and recently took out a full-page newspaper ad to thank the fans for standing by him through a tough seven seasons. The 2002 AL Cy Young Award winner across the bay for the Oakland Athletics, Zito just completed a $126 million, seven-year contract with San Francisco.
Zito had a 63-80 record with a 4.62 ERA in 197 starts and 208 appearances for the Giants.
He and Torres become free agents.

Recent MLB Discussions

Advertisement

Top MLB Public Bets

MLB Top Stories

Thumbnail Angels vs. Astros Prediction After halting the Angels' win streak at six games with a victory last night, will the Astros win again tonight at 7:10PM ET?
Thumbnail Padres vs. Nationals Free Pick With the total set at 7.5 tonight in D.C., will the Padres and Nationals go over the total tonight at 7:05PM ET?
Thumbnail Price, Red Sox ready themselves for Twins David Price has yet to post his usual gaudy numbers in 2016. Slowly, however, things appear to be turning around for Boston’s chief offseason acquisition.
Thumbnail Rangers vs. Royals Pick Will the Kansas City Royals defend their home turf when they face the Texas Rangers at 7:15PM ET?
Thumbnail Indians vs. Orioles Pick Will the Cleveland Indians be able to bounce back tonight when they face the Baltimore Orioles at 7:05PM ET?
More inMLB Articles  

MLB Team Pages

Advertisement