Red Sox right-hander Lucas Giolito has declined his end of a $19MM mutual option, reports Alex Speier of the Boston Globe. He’ll be paid a $1.5MM buyout and return to the open market in search of a new opportunity. The Red Sox will have the right to make him a $22.025MM qualifying offer, as Giolito has not previously received a QO in his career.
More to come.
