Originally Posted by LITTLE NELL
Only time will tell.
How does a buyout work, if the Sox don't pick up Jake's option and another team signs him do the Sox still have to pay the 4 million buyout?
The Sox can either pick up his option and pay him the amount of the contract and keep him for the duration, or they can buy out the contract, after which he becomes a FA.
So, it's basically like an "early termination fee".