Aroldis Chapman To Opt Out Of Yankees Contract Unless He Receives Extension

Ryan Chatelain
November 01, 2019 - 12:12 pm

Aroldis Chapman wants to remain a Yankee, but he also wants a new contract.

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The Yankees closer has player options for the final two years and $30 million on his current deal. WFAN baseball insider Jon Heyman reported Friday that Chapman prefers to remain with the team and will pursue a contract extension. If a deal cannot be worked out quickly, Chapman would opt out of his contract and become a free agent, Heyman reported.

Chapman, 31, enjoyed another dominant season in 2019, registering 37 saves and a 2.21 ERA. He was selected to his sixth All-Star Game.

His season, however, ended on a sour note, as he surrendered the two-run homer to Houston's Jose Altuve in Game 6 of the American League Championship Series that ended the Yankees' season. 

The Yankees' Aroldis Chapman pitches against the Cleveland Indians on May 4, 2018, at Yankee Stadium.

In December 2016, the Yankees signed Chapman to a five-year, $86 million contract, the largest deal ever given to a relief pitcher.

As Heyman noted, if Chapman opts out of his deal, the Yankees would then make him a $17.8 million qualifying offer, but he likely would decline that. If he signed elsewhere, the Yankees would then receive a high draft pick as compensation.