J.D. Martinez will not opt out of his contract with the Boston Red Sox, sources told ESPN's Jeff Passan.
By remaining with the Red Sox, Martinez can earn $62.5 million over the next three years. He also has an opt-out clause after the 2020 season.
Over the past three seasons, Martinez leads the league in home runs with 124, and is second in RBIs with 339, batting average at .313, slugging percentage at .619 and OPS at 1.007 over that span.
The Red Sox, who had the highest payroll in baseball last season, are looking to get below the luxury tax threshold.