The Red Sox formally announced on Friday that Hanley Ramirez cleared waivers and has been released. He is now a free agent.The move to release Ramirez comes as no surprise. While Boston surely explored trade possibilities for Ramirez, the slugger had more than $15M remaining on his 2018 salary at the time of his DFA, and his contract also contains a $22M vesting option that would trigger if he received another 302 plate appearances. Any team acquiring him via either trade or waivers would also be on the hook for that salary and the potential vesting option, both of which are highly unappealing for potential suitors.However, once Ramirez is released by the Red Sox, those provisions will fade away. He’ll still be owed the balance of this season’s $22M salary, but the Red Sox will be on the hook for that sum (minus the pro-rated league minimum he’d be paid by another club). The vesting option, meanwhile, is tied to the contract from which he is about to be released and will not apply when he signs a new contract
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