Rangers DH Joc Pederson declined his $18.5 million mutual option for 2027.

The 34-year-old slugger had a major resurgence in 2026, slashing .235/.329/.487 with 26 homers and 53 RBI in 432 plate appearances with the Rangers — the most home runs that he has hit in a season since 2019. He’s hopeful that he’ll be able to parlay that success into a multi-year deal on the open market this winter.