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Giants' Blake Snell Declines $38.5M Contract Option For MLB 2025 Season, Becomes FA

Two-time Cy Young Award winner Blake Snell will enter free agency after one season with the San Francisco Giants.

Snell declined his $38.5 million player option and will become a free agent ahead of the 2025 season, per USA Today's Bob Nightengale.

B/R Walk-Off @BRWalkoff

Blake Snell has opted out of the second year of his deal with the Giants<br><br>He is now a free agent <a href="https://t.co/JDVpgTezhK">pic.twitter.com/JDVpgTezhK</a>

The pitcher earned $15 million in 2025, and was set to receive a $17 million signing bonus on Jan. 15.