Keeping track of MLB option decisions (player, club, mutual, early termination) throughout the 2025-26 offseason.

RELATED: 2026 CONTRACT OPTIONS

October 17th, 2025

3B Alex Bregman has decided to exercise the early termination option on his contract with the Red Sox, according to numerous reports. The 31-year-old will walk away from a 2 year, $80M guarantee, seeking a larger commitment both in terms of length and overall value. Bregman’s overall production in 2025 was suppressed due to a quad injury that kept him out of action for about a month and a half, but the overall portfolio both offensively and defensively still makes him plenty attractive this winter. He’ll carry a 4 year, $111M valuation into free agency per our system.

October 10th, 2025

OF/1B Cody Bellinger will decline his $25M player option with the Yankees for 2026, opting to reenter free agency this coming winter. The 30-year-old completed his most productive season since the 2019 MVP campaign, and should finally secure himself a top of the market, multi-year guarantee in the coming months. Bellinger holds a 6 year, $183M valuation in our system.

September 28th, 2025

1B Pete Alonso wasted no time making his opt-out decision public, announcing his intentions at the Mets’ final regular season post conference. The move is hardly a surprise, as the 30-year-old put together one of his most complete seasons in 2025 (41 doubles, 38 homers, 126 RBIs, 3.5+ WAR). He’ll forgo a $24M salary for next season to reenter the open market, seeking a multi-year deal in the 5-7 range. Spotrac currently values the polar bear at a 6 year, $177M contract.