From Rotoworld:

Aramis Ramirez opted out of the final two years of his deal with the Cubs and filed for free agency on Monday.
Had Ramirez not opted out, the Cubs would have had him at $22.5 million for the next two years with an $11 million option for 2009. As a free agent, the 28-year-old could receive at least $60 million over five years. He’ll keep negotiating with the Cubs, but it doesn’t look like the two sides are at all close to a deal. The Angels, Dodgers, Phillies, Red Sox, Giants and Padres are among the other teams that could talk to him.

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Joe Aiello is the founder of View From the Bleachers and one of the lead writers. Growing up in Chicago, he fondly remembers attending games in the bleachers before that was the popular thing to do. Currently Joe resides in North Carolina with his wife and three kids and helps people protect their assets as an independent insurance agent. Connect with Joe via Twitter / Facebook / E-mail