Shin-Soo Choo rejected a seven-year, $140 million contract offer from the New York Yankees, reports Yahoo! Sports.
Choo was reported to be one of the Yankees main priorities in their winter recruitment drive and reportedly extended the offer to him shortly after signing Jacoby Ellsbury.
But Choo rejected the offer and the Yankees, not interested in upping their original offer, moved on to sign Carlos Beltran.
The 31-year-old's risky rejection is understandable. According to Yahoo! Sports, the Astros, Rangers, Mariners and Diamondbacks all have been connected with him in the recent past and is likely to get another big offer.
Following the Mariners acquisition of Robinson Cano, Choo is the best free agent position player left on the market.
Choo hit .285/.423/.462 (143 OPS+) with 21 home runs and 20 stolen bases for the Cincinnati Reds in 2013 while hitting .290/.392/.469 (137 OPS+) since making his league debut in 2008.
When the offer was made, Choo's agent Scott Boras is reported to have asked for something similar to the deal Ellsbury got, thought to be around $153 million over seven years.
The failure to land Choo is the Yankees second high profile failure after failing to retain second baseman Cano.