Zack Greinke will opt out of his contract with the Dodgers and test free agency, according to a report by CBSSports.com.

There had been widespread speculation that Greinke would opt out of the contract despite having three years and $71 million remaining on the six-year deal he signed with the Dodgers before the 2013 season.

Citing multiple sources in its report, CBSSports.com reported that Greinke should receive multiple contract offers of at least $125 million over five years, according to one general manager.