Ubaldo Jimenez became a free agent today after rejecting an $8 million option that would have bound him to the Indians for 2014.
The unusual clause in his contract enabled Jimenez to void the option even though the team decided to exercise it.
It is possible that the Tribe will attempt to negotiate with Jimenez as can any team, but it is believed that he will price himself out of the Cleveland market.
There has been speculation that Jimenez will command an average of about $14 million per season on a multi-year deal.
After a slow start, Jimenez caught fire and finished the season with a 13-9 record and 3.30 ERA.
The Indians have until Monday to make a qualifying offer to JImenez, ensuring that they will receive a draft choice if he goes elsewhere.
Also today, the club declined to exercise the option on Jason Kubel's contract.