In a move that was hardly unexpected, Cespedes will hit the free agent market for the second consecutive offseason.
The Mets inked Cespedes to a three-year, $75 million deal in January. The opt-out after the first season, though, seemed to be almost a given to be exercised assuming Cespedes stayed healthy and continued to produce.
In reality, with the news, the contract becomes a one-year, $27.5 million deal.
Going forward, Cespedes now becomes one of--if not the--best free agents on the bleak 2016-17 market. Two GMs told Heyman that they see him earning in the range of $100 million over four years on his next contract.
Whether this deal will be with the Mets remains to be seen, though Cespedes has gone on record saying he enjoys playing for New York and would like to stay.
This past season, Cespedes hit .280/.354/.530 with 31 home runs and 86 runs batted in over 543 plate appearances. According to FanGraphs, he was worth 3.2 Wins Above Replacement (fWAR).