Rangers Buy Out Mutual Options for Higashioka, Junis, Pederson

• The Texas Rangers are buying out the mutual option for catcher Kyle Higashioka, paying a $1MM buyout instead of a $7MM salary.
• Reliever Jakob Junis will receive a $1.25MM buyout on his $5MM mutual option.
• Designated hitter Joc Pederson declined his $18.5MM mutual option.
• These decisions were reported by Shawn McFarland of The Dallas Morning News and Jesse Rogers of ESPN.
• The buyouts will take effect on January 20, 2026, as per the contracts agreed upon in 2023.