The New York Yankees haven't had any discussions with Masahiro Tanaka's representatives about a contract extension.
Tanaka is slated to make $22 million in 2017 and can opt out of his contract at the end of the season.
"We have a significant contract with Masahiro Tanaka," Brian Cashman said. "Hopefully he has a great year, and then he'll have a decision to make. If he doesn't, then he won't. I think he pitched like a Cy Young award candidate last year, and I certainly hope he does so again this year. But at this point we've had no discussions internally to pursue any kind of extension."
Tanaka, 28, is in Year 4 of a seven-year, $155 million contract he signed in 2014.