With MLB free agency beginning on Thursday, many players have begun opting out of their contracts this week as they look to pursue bigger deals on the open market.
Boston Red Sox first baseman Eric Hosmer made an official decision regarding the opt-out clause in his contract on Tuesday.
Eric Hosmer Contract
As expected, Hosmer will not opt out of the three years and $39 million remaining on his contract. Hosmer initially signed an eight-year, $144 million deal with the San Diego Padres prior to the 2018 season before being traded to Boston midway through the 2022 campaign.
Hosmer, 33, has seen his performance decline over the past few years after a strong start to his career with the Kansas City Royals. Hosmer won four Gold Gloves along with a Silver Slugger during his time with the Royals from 2011-2017 but has not won either award since signing his megadeal.
The former All-Star's offense has suffered as well, as he's batted an underwhelming .265/.325/.410 (103 OPS+) since leaving Kansas City while averaging just 14 home runs and 63 RBIs per year. He also missed extensive time with injuries in 2022, appearing in only 104 games.
Hosmer will stay with the Red Sox in what will likely be a backup role, as hyped rookie Triston Casas is expected to take over the first base job in 2023. If Casas struggles or gets hurt, Hosmer is a good insurance policy for Boston, especially considering that San Diego is paying nearly all of his salary.