Philadelphia Phillies decided against taking up the 2012 contract options for pitchers Roy Oswalt and Brad Lidge.
Oswalt will get a $2 million buyout instead of $16 million in salary next season.
Lidge will get a $1.5 million buyout instead of $12.5 million next year.
Oswalt, a three-time All-Star who was acquired from Houston in July of 2010, was 9-10 with a 3.69 earned run average in 23 starts for Philadelphia in 2011.
Lidge was 0-2 with one save and a 1.40 ERA in 25 appearances in 2011.
Lidge was 48 for 48 in save chances, including in the playoffs, when he helped Philadelphia win the World Series in 2008.
General manager Ruben Amaro jnr said the club’s decision to decline the hurlers’ options doesn’t necessarily mean the Phillies will be without them in the future.
“While we will not pick up either of their options, we will remain in contact with representatives for both players about the possibility of bringing them back for the 2012 season,” Phillies general manager Ruben Amaro jnr said.
“Brad and Roy both made significant contributions to the Phillies over the past several seasons.”