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Texas Rangers to pick up Martin Perez’s 2018 option

Martin Perez says the Rangers have informed him they will pick up his 2018 option at $6 million

New York Yankees v Texas Rangers Photo by Ron Jenkins/Getty Images

Texas Rangers pitcher Martin Perez says the team has informed him that they will pick up his option for the 2018 season, per T.R. Sullivan on Twitter. The Rangers hold a $6 million option on Perez for the 2018 season, with a $2.45 million buyout.

The decision appeared to be a foregone conclusion, though this is the first confirmation we’ve gotten that it will happen. While Perez, 26, has been seen as something of a disappointment since he returned late in 2015 from Tommy John surgery, over the past two seasons he has given the Rangers 377 IP over 64 starts, with a 4.55 FIP, a 4.60 ERA and a 101 ERA+. He’s basically been the definition of a league-average innings eater, and for $6 million, that is a bargain.

The Rangers also hold an option on the lefthander for the 2019 season at $7.5 million with a $750,000 buyout, and an option for 2020 at $9 million with a $250,000 buyout. If Perez continues to pitch like he has since his return from surgery, those options should be pretty easy decisions to pick up as well.