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The Rays exercised Diaz's $12 million option for 2026 and added a vesting option for 2027 on Friday, Ryan Bass of FanDuel Sports Network Sun reports.

Diaz's option for 2027 would vest if he reaches certain performance thresholds in 2026. The 33-year-old's performance in 2024 fell off a bit compared to his 2023 and 2022 seasons, but he still slashed .281/.341/.414 with 14 home runs in 2024 and boasts a career .373 on-base percentage. Diaz is slated to serve as the Rays' primary first baseman again in 2025, and he should also see ample starts at designated hitter.

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