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Johnny Cueto will not opt out of San Francisco Giants contract

San Francisco Giants pitcher Johnny Cueto has chosen not to exercise his right to opt out of his contract, per reports. Cueto just finished the second year of a 6 year, $130 million contract he signed with the Giants as a free agent after the 2015 season, and he had the right under that deal to opt out after the 2017 season and become a free agent.

By choosing not to opt out, he locks himself into the next four years at $21 million per year, with a 2022 team option for $22 million that includes a $5 million buyout.