Yankees OF Giancarlo Stanton Opts Into Final 7 Years of Contract

New York Yankees' Giancarlo Stanton (27) in 2019. Photo by Albert Pena/CSM/Shutterstock (10435545bm)

New York Yankees outfielder Giancarlo Stanton, acquired in a blockbuster trade with the Miami Marlins in December 2017, has teased Yankees fans with massive home runs and some huge performances since joining the team.

Despite missing almost the entirety of 2019 with a biceps strain and a knee injury, Stanton was able to contribute a bit more to the Yankees’ success in 2020, including six home runs in the playoffs.

However, due to the uncertainty surrounding the market and his health, Stanton has decided not to exercise the opt-out clause in his massive contract which would have made him a free agent this winter.

The burly outfielder, who has 7 more years and $218 million left on his deal, decided that his current deal was better than anything else that he would have gotten on the free-agent market.

Stanton is owed $29 million in 2021 and 2022, $32 million from 2023 to 2025, $29 million in 2026, and $25 million in 2027. His contract then includes one more club option for 2028, which would pay him $25 million and includes a $10 million buyout.

Stanton, who will remain under his contract until he is at least 38 years old, will look to stay on the field and contribute big home runs for the perennial contenders under his massive contract.