As per the Seattle Times, the Mariners bought out Miguel Olivo’s $3M option for $750K, and have sadly released Munenori Kawasaki.
Miguel Olivo’s $750K buyout is a sunk cost, so any evaluation of his option should consider his 2013 salary to be $2.25M. On that note, let’s take a look at some telling projections:
My analysis suggests that Olivo will be worth less to the Mariners next season than I will, and that his $750K buyout should be redirected to my bank account. I summarize my opinions on Olivo’s 2013 status with a Venn Diagram:
Kawasaki, while not much of a baseball player in Seattle, was very much a fun guy to have around. He will be missed by me, and I assume many of you.