if this is worded too awkwardly, here's a gross oversimplification to make it clear what i mean if a player would rather sign a 6 year deal for $200M with an opt out after, say, year 3, than a 6 year deal for $300M with no opt out, then the opt out is good for the team. what that dollar valuation is, i have no horsefeathering idea, but it exists. I think the value is that if you're willing to give one the player will be more willing to sign with you. I don't think you're getting that much of a financial discount to include one. It sure didn't help bring down the Heyward price. but it still has a monetary value, even if that's just a theoretical concept. if another team offers him more money, there's a point at which he should or would say "screw the opt out, i'll take more money" and whatever that number is is the value.