Report: Red Sox place $72.5M outfielder on waivers

Less than three years in, the Red Sox already regret giving Rusney Castillo that $72.5M contract. (AP)
Less than three years in, the Red Sox already regret giving Rusney Castillo that $72.5M contract. (AP)

The Boston Red Sox placed outfielder Rusney Castillo on outright waivers Saturday, according to MLB insider Jon Heyman. That means teams have until Monday to place a claim on Castillo. If they don't, he'll be removed from Boston's 40-man roster and outrighted to the minor leagues.

Given Castillo's hefty contract, it's unlikely that another team will place a claim on Castillo. He signed a seven-year, $72.5 million contract in 2014 after defecting from Cuba. Castillo is due a $10.5 million this year, and could make up to an additional $46 million more through the 2020 season if his player option is exercised following the 2018 season.

That's a lot of financial baggage. Given his struggles to adjust to MLB, no team should be itching to assume that money. Instead, Boston will have to hope the 29-year-old outfielder makes strides to either contribute or enhance his trade value, which at this point seems like the most beneficial resolution for both sides.

A look at Castillo's numbers may not cause great alarm. He has hit .262/.301/.379 in 337 big-league plate appearances. But the Red Sox were looking for more development after signing him a little less than three years ago.

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When Castillo failed to make the opening day roster this season, that was a telling sign that he'd yet to earn the trust of Boston's coaching staff. Though he received a call-up recently with Boston needing some extra depth, his numbers at Triple-A reflected a player who was spinning his tires and unlikely to make the desired impact any time soon. There, he hit .245/.304/.320.

Where Castillo's future lies is anyone's guess, but it's certain the Red Sox regret giving him that massive contract.

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Mark Townsend is a writer for Big League Stew on Yahoo Sports. Have a tip? Email him at bigleaguestew@yahoo.com or follow him on Twitter!