Left-hander Gio Gonzalez has opted out of his minor league contract with the New York Yankees, who have 48 hours to release him or add him to the major league roster.

Gonzalez signed the deal with the Yankees in March that contained $3 million in base salary if he got added to the 40-man roster and a chance to get $9 million in performance bonuses by getting $300,000 per start. Saturday was the deadline for Gonzalez to opt out.

MLB News

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