The deadline for players and teams to make 2027 option decisions comes five days after the World Series ends. This included opt-outs, player options, club options and mutual options.
Below, you'll find a list of the players with 2027 contract options. Check back here for updates as decisions are made.
Option figures are courtesy of Cot's Baseball Contracts.
PLAYER OPTIONS/OPT-OUTS
José Berríos, SP, Blue Jays
Two years left on seven-year, $131 million deal
Berríos signed a seven-year contract extension with the Blue Jays in November 2021 that runs through '28, assuming he doesn't opt out. The right-hander, who owns a lifetime 4.08 ERA over 10 seasons, underwent Tommy John surgery in May and missed all of 2026.
Bo Bichette, 3B/SS, Mets
Two years left on three-year, $126 million deal
The three-year deal Bichette signed with the Mets last offseason gives him the ability to opt out this offseason and next (each player option includes a $5 million buyout). He recorded a 97 OPS+ in his first year with the club, albeit with a .289/.337/.447 slash over his final 99 games.
Corbin Burnes, SP, D-backs
Four years left on six-year, $210 million deal
Burnes has made just 14 starts for Arizona after signing with the team prior to the ’25 campaign, having undergone Tommy John surgery in June of that year. The 2021 National League Cy Young winner returned to make three starts with a 7.84 ERA in ’26.
Ryan Helsley, RP, Orioles
$14 million player option
The Orioles signed Helsley last offseason to be their closer after they lost Félix Bautista to right shoulder surgery in July 2025. However, Helsley missed significant time with right elbow inflammation in 2026, making just 17 appearances.
Clay Holmes, SP, Cubs
$12 million player option
A former reliever who tallied 74 saves for the Yankees across 2022-24, Holmes moved to the rotation after signing a three-year, $38 million deal with the Mets prior to ’25. The right-hander proved himself as a starter over the past two years, notching a 3.44 ERA over 267 innings -- including nine starts following a trade to the Cubs this past July.
Tatsuya Imai, SP, Astros
Two years left on three-year, $54 million deal
After a stellar career in Japan, Imai had a forgettable first season with the Astros. The 28-year-old did show promise with a 32.7% whiff rate and a 28.7% strikeout rate, but he issued way too many free passes (15.1% walk rate) and was moved to the bullpen in July. He finished with a 4.93 ERA over 76 2/3 innings.
Michael King, SP, Padres
Two years left on three-year, $75 million deal
King re-signed with the Padres as a free agent on the heels of an injury-plagued 2025 campaign, but he could opt to test free agency again after bolstering his stock with a fully healthy season in ’26. The 31-year-old has pitched to a 3.15 ERA over 78 games (77 starts) since he joined the Friars in the Juan Soto trade three winters ago.
Yuki Matsui, RP, Padres
Two years left on five-year, $28 million deal
A solid option out of the Padres’ bullpen over the past three seasons, Matsui is coming off a career-best 1.83 ERA across 64 innings in 2026. However, his 5.1 BB/9 and 4.18 FIP paint his performance in a harsher light and could complicate his opt-out decision.
Emilio Pagán, RP, Reds
$10 million player option
Pagán missed nearly two months with a left hamstring strain in 2026, but he returned from the IL to record a 1.88 ERA with 34 strikeouts and 19 saves over his final 30 appearances. He’s tied for eighth in MLB with 57 saves since the beginning of 2025.
Wandy Peralta, RP, Padres
$4.45 million player option
The four-year, $16.5 million contract Peralta signed with the Padres after 2023 included three opt-outs, the first two of which he declined to exercise. The veteran lefty recorded a 3.51 ERA in 187 1/3 innings over the first three seasons of the deal.
Luis Severino, SP, Athletics
$22 million player option
Severino made just 12 starts this past season due to a right shoulder strain and has registered a 4.29 ERA over 616 2/3 innings dating back to 2019, including a 4.43 ERA in his first two seasons with the A’s.
CLUB OPTIONS
Ronald Acuña Jr., OF, Braves
$17 million club option ($10 million buyout)
The 2026 season marked the final guaranteed year on the eight-year, $100 million extension Acuña signed with Atlanta in ’19, but the Braves can retain him for two more years via a pair of club options. The 28-year-old has yet to return to the heights of his 2023 NL MVP season, dealing with persistent injuries over the past three years that have sapped him of his once electric speed, but he still has the skills to be a cornerstone bat.
Ozzie Albies, 2B, Braves
$7 million club option
Albies appeared to be on his way toward a rebound season in 2026, but a .172/.246/.270 slash over his final 49 games left him with a batting line below league average (87 OPS+) for the third straight season and the fourth time in five years. Still, given his age (he’ll turn 30 in January) and past production, it would be a surprise if the Braves didn’t exercise his option.
Sandy Alcantara, SP, Marlins
$21 million club option ($2 million buyout)
The Marlins have refrained from trading Alcantara amid frequent rumors over the past two years, and they have the ability to retain him for one more season before he can test free agency. The 2022 NL Cy Young winner enjoyed a bounceback season in 2026, leading the Majors with 214 innings while posting a 3.87 ERA -- down from 5.36 in ’25.
Drew Anderson, RP, Tigers
$10 million club option
After two seasons in Japan and two in Korea, Anderson returned stateside with the Tigers in 2026 and spent much of the year as a non-leverage reliever. However, Detroit may be more likely to consider picking up his option after he recorded a 2.84 ERA over nine starts down the stretch.
Javier Assad, SP, Cubs
$3.3 million club option; arbitration eligible through 2028
Assad has notched a 3.47 ERA for the Cubs over the past five seasons, appearing in 106 games with 65 starts. He has two years of arbitration eligibility remaining, so Chicago has a path to retain him even if it declines his option.
Emmanuel Clase, RP, Guardians
$10 million club option ($2 million buyout)
Clase is on non-disciplinary unpaid leave and hasn't appeared in a game since July 2025. He was federally indicted in New York in November 2025 on charges related to an alleged sports gambling scheme.
William Contreras, C, Brewers
$15.5 million club option; arbitration eligible through 2027
One of the top catchers in baseball, Contreras is going into his final arbitration season before free agency. Milwaukee declined his $12 million club option last offseason before reaching a new deal with the backstop to avoid arbitration. He earned $9.4 million in 2026.
Dietrich Enns, RP, Orioles
$3.5 million club option ($125,000 buyout)
The well-traveled Enns has spent time with seven different MLB organizations (pitching in the Majors for four of them) in addition to his stints in Japan and Korea. The Orioles outrighted the lefty off the 40-man roster in May.
Carlos Estévez, RP, Royals
$13 million club option ($2 million buyout)
After leading MLB with 42 saves in 2025, Estévez allowed six runs in a blown save on Opening Day this past season and didn’t make another appearance all year. The veteran righty missed time with a foot issue before dealing with a right shoulder injury that eventually led to surgery on his rotator cuff in September.
Tony Gonsolin, SP, Royals
$2.5 million club option
Gonsolin was an All-Star with the Dodgers in 2022, but he has posted a 5.21 ERA over 28 games (27 starts) since the beginning of ’23, missing considerable time due to injury. The Royals signed him to a one-year deal with a 2027 club option in August amid his recovery from right elbow surgery. He allowed five runs over 2 2/3 innings on Sept. 22 in his only appearance of the season.
Kyle Hart, RP, Padres
$2.5 million club option ($200,000 buyout)
The Padres declined Hart’s $5 million option last offseason before bringing him back on a one-year, $1.2 million deal with a 2027 club option. The lefty has recorded a 5.30 ERA in 107 innings for San Diego across the past two years after a dominant 2024 season for the NC Dinos of the KBO.
Kenley Jansen, RP, Tigers
$12 million club option ($2 million buyout)
Jansen signed with the Tigers last offseason and went on to record 20-plus saves for the 14th time in his career, but the 39-year-old’s six blown saves and 4.46 FIP could give the Tigers pause when deciding whether to exercise his option for 2027. In any case, he needs two more saves to join Hall of Famers Mariano Rivera and Trevor Hoffman as the only pitchers to notch 500 saves.
Jeff McNeil, 2B, Athletics
$15.75 million club option ($2 million buyout)
After eight seasons with the Mets, McNeil was traded to the Athletics last offseason and recorded a .264 average with nine homers, a .681 OPS and 0.1 WAR (per FanGraphs) while serving as the A’s regular second baseman in 2026.
Bryce Miller, SP, Mariners
$6.075 million ($15,000 buyout); arbitration eligible through 2029
Miller and Seattle reached a one-year, $2.45 million deal with a 2027 club option last winter to avoid arbitration. Whether the Mariners pick up his option or not, they’ll have control over the righty via arbitration for three more seasons. While Miller has shown flashes of brilliance during his four-year career, he’s battled inconsistency en route to a lifetime 4.04 ERA and 4.15 FIP.
Ryan Mountcastle, 1B, Orioles
$7.5 million club option
The Orioles’ longest-tenured player, Mountcastle spent almost all of 2026 on the injured list, as he fractured his left foot in April and then sustained a significant oblique strain while preparing to begin a rehab assignment in July. The right-handed slugger also dealt with injuries in 2025 and posted a career-low .653 OPS over 89 games.
Andrés Muñoz, RP, Mariners
$9 million club option
Muñoz had a rocky 2026 season, allowing nine homers and blowing 10 saves as his ERA jumped to 4.24. However, the flamethrowing righty continued to flash overpowering stuff, registering a 39.6% whiff rate, a 37.1% chase rate and a 37.1% strikeout rate. Seattle also holds a $10 million club option on him for 2028.
Isaac Paredes, 3B, Astros
$13.35 million club option; arbitration eligible through 2027
Entering his final season under team control, Paredes has produced 45 homers with an .807 OPS over 257 games since joining Houston in the December 2024 trade that sent Kyle Tucker from the Astros to the Cubs. The Astros can avoid arbitration with Paredes by exercising his 2027 club option.
Nick Pivetta, SP, Padres
$14 million club option
Per the terms of the contract he signed with the Friars prior to 2025, Pivetta’s $32 million worth of player options across ’27 and ’28 converted to a ‘27 club option for $14 million after he spent considerable time on the injured list with a right flexor strain this past season. The 33-year-old has been incredibly effective on a per-start basis for San Diego, recording a 2.87 ERA with 232 strikeouts over 216 1/3 innings.
Drew Rasmussen, SP, Rays
$20 million club option ($500,000 buyout)
Rasmussen has made a remarkable comeback from his third major elbow procedure, earning All-Star selections in each of the past two years while pitching to a 2.71 ERA with 301 strikeouts and 69 walks over 322 innings in that span. His 2027 club option was initially for $8 million, but it increased to $20 million after he hit multiple health-related incentives this past season.
Colin Rea, SP, Cubs
$7.5 million club option ($1 million buyout)
The 2026 season was business as usual for Rea. The veteran righty was around league average as a swingman for the Cubs, recording a 4.34 ERA over 34 games (19 starts). He’s thrown 588 2/3 innings with a 4.27 ERA over the past four years.
Luis Robert Jr., OF, Orioles
$20 million club option ($2 million buyout)
The oft-injured Robert had another truncated season in 2026, appearing in just 61 games after an offseason trade from the White Sox to the Mets. The Orioles claimed Robert off waivers in late August, but he lasted only three games with Baltimore before going back on the injured list with a left hamstring strain. He’ll enter 2027 having posted a .669 OPS in 271 games over the past three years.
Victor Robles, OF, Mariners
$9 million club option ($500,000 buyout)
After being released by the Nationals in 2024, Robles caught on with the Mariners and proceeded to record a .328/.393/.467 slash over 77 games for Seattle. Along the way, he signed a contract extension that covered the 2025-26 seasons and guaranteed him $9.75 million. However, he amassed just 263 plate appearances over those two years and produced a .618 OPS.
Antonio Senzatela, RP, Brewers
$14 million club option
A longtime starter for the Rockies, Senzatela reinvented himself as a full-time reliever this past season and had some success for Colorado before a summer trade to the Brewers, with whom he posted a 5.14 ERA over 23 games. His 2027 club option is part of the five-year, $50.5 million extension he signed with the Rockies in ’21.
Jeffrey Springs, SP, Athletics
$15 million club option ($750,000 buyout)
The A’s acquired Springs from the Rays in a December 2024 trade and got more than 300 innings out of him over the past two years, but the veteran lefty’s ERA ballooned from 4.11 in 2025 to 6.18 this past season. He turned 34 in September.
Ryne Stanek, RP, Cardinals
$6 million club option ($1 million buyout)
Stanek throws hard but has mostly pitched to middling results for six teams over 10 seasons in the Majors, recording a lifetime 3.87 ERA (4.02 in 2026) with a 4.21 FIP (4.52 in ’26).
Trevor Stephan, RP, Guardians
$7.25 million club option ($1.25 million buyout)
After emerging as one of Cleveland’s top relievers in 2022, Stephan signed a four-year, $10 million deal that includes club options in 2027 and ’28. However, he underwent Tommy John surgery in March 2024 and hasn’t returned to the Majors.
Robert Stephenson, RP, Angels
$2.5 million club option
Stephenson’s dominant finish with the Rays in 2023 (2.35 ERA, 14.1 K/9) earned him a three-year, $33 million deal with the Angels in free agency the following winter. However, he underwent Tommy John surgery in 2024 and has made just 12 appearances in a Halos uniform, all in ’25.
Myles Straw, OF, Blue Jays
$8 million club option ($1.75 million buyout)
The Guardians signed Straw to a five-year, $25 million deal with two club options in 2022 but traded him to the Blue Jays prior to the ’25 campaign. The former Gold Glove winner produced 2.5 fWAR for Toronto over the past two seasons, slashing .251/.308/.354 with seven homers and 19 steals.
Taylor Walls, SS, Rays
$3.1 million club option; arbitration eligible through 2027
Walls’ club option covers his final arbitration season. The 29-year-old is a lifetime .200/.291/.298 hitter, but he provides plenty of value with the glove as Tampa Bay’s starting shortstop.
Jacob Webb, RP, Cubs
$2.5 million club option
A seven-year veteran who has pitched for five teams, Webb notched career highs in innings (67), strikeouts (73) and saves (nine) while recording a 3.36 ERA for the Cubs in 2026.
Ryan Weiss, RP, Astros
$5 million club option ($500,000 buyout)
After stints in China and Korea, Weiss signed with the Astros as a free agent last offseason but went on to record a 7.62 ERA over 26 innings in his first taste of the Majors. He was outrighted to Triple-A in June.
Garrett Whitlock, RP, Red Sox
$8.25 million club option ($1 million buyout)
One of the top setup men in baseball, Whitlock signed a four-year, $19.25 million contract in 2022 that includes a pair of club options worth $8.25 million in 2027 and $10.5 million in ’28.
Rowan Wick, RP, Giants
$800,000 club option ($100,000 buyout)
The Giants signed Wick in February knowing he wouldn’t be available until 2027 after undergoing Tommy John surgery the previous November. The righty reliever spent 2024-25 pitching in Japan after posting a 3.82 ERA in the Majors from ‘18-22.
MUTUAL OPTIONS
Mutual options become guaranteed only when both the player and the team agree to exercise the option, which rarely happens. These players have 2027 mutual options.
Miguel Andujar, DH, Padres
Shawn Armstrong, RP, Guardians
Matthew Boyd, SP, Cubs
Griffin Canning, SP, Padres
Josh Bell, 1B, Twins
Zach Eflin, SP, Orioles
Lucas Giolito, SP, Padres
Sonny Gray, SP, Red Sox
Hunter Harvey, RP, Cubs
Kyle Higashioka, C, Rangers
Pierce Johnson, RP, Reds
Jakob Junis, RP, Rangers
Carson Kelly, C, Cubs
Nick Martinez, SP, Rays
Dustin May, SP, Brewers
Cedric Mullins, OF, Rays
Joc Pederson, DH, Rangers
Joe Ryan, SP, Twins (arbitration eligible through 2027)
Gary Sánchez, C, Brewers
Michael Soroka, SP, D-backs
Eugenio Suárez, 3B, Reds
Caleb Thielbar, RP, Cubs