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The option is worth $89 million, and Cueto will
make $21 million for each of the next four seasons. The Giants
hold a club option for 2022 at $22 million and owe Cueto $5
million if they decline to pick it up.
The opt-out clause was part of the six-year, $130 million
contract Cueto signed with the Giants prior to the 2016
campaign.
Cueto, 31, had a mediocre season in 2017 by going 8-8 with a
4.52 ERA in 25 starts.
The right-hander went 18-5 with a 2.79 ERA in his first season
with the Giants.
Overall, the two-time All-Star is 122-83 with a 3.33 ERA in 10
big league seasons with the Cincinnati Reds, Kansas City Royals
and the Giants.
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