The Angels and Rendon (hip) have agreed to a contract buyout that will end his tenure with the club, Sam Blum of The Athletic reports.
The $38 million Rendon is owed in his final year under contract will be deferred 3-to-5 years, though it's unclear exactly what the structure of the buyout will be. Rendon -- who is recovering from hip surgery -- will not officially retire but will officially remain on the Angels' roster in 2026, although he's not expected to play and will likely spend the season on the 60-day IL. The 35-year-old slashed .242/.348/.369 and never played more than 58 games during any of his five seasons with the Angels.