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White Sox Give Frank Thomas $3.5M Buyout

Saturday, November 05, 2005 1:46:12 PM
By RONALD BLUM

 Chicago White Sox's Frank Thomas follows through on a three-run home run scoring Scott Posednik and Tadahito Iguchi during the eighth inning, in this July 5, 2005 photo, in Chicago. The Chicago White Sox bought out Frank Thomas for $3.5 million on Friday, making the best slugger in team history eligible for free agency. (AP Photo/Brian Kersey)NEW YORK (AP) - Frank Thomas' $10 million option for next year was declined Friday by the World Series champion Chicago White Sox, who chose to give the two-time AL MVP a $3.5 million buyout.

The 37-year-old designated hitter and first baseman exercised his half of the mutual option for next season on Monday, giving the team five days to make a decision. The White Sox could try to re-sign him for less money.

"There should be no question about the respect this organization has for Frank and all that he has helped us accomplish, including a World Series championship," general manager Ken Williams said in a statement. "He is the greatest hitter in White Sox history. At the same time, it is my responsibility to make the best decisions I can on behalf of the organization. Our plan now is to continue to speak with Frank and his representatives over the coming months as more information is known about his health."


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