Posted October 31, 2012

Yankees reliever Rafael Soriano opts out of contract

MLB

Yankees reliever Rafael Soriano will test the free agent market after opting out of his contract. (Elsa/Getty Images)

New York Yankees relief pitcher Rafael Soriano opted out of his contract making him a free-agent, the team announced Wednesday.

Soriano’s option is worth $14 million, but will instead take a $1.5 million buyout and test the free agent market.

According to CBSSports.com, the Yankees are expected to make him a qualifying offer worth $13.3 million in order to secure draft pick compensation if he signs with another team.

Soriano reportedly wants a four-year deal. He was 2-1 with a 2.26 ERA, 42 saves and 69 strikeouts this season after filling in for the injured Mariano Rivera.


6 comments
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carjax1202
carjax1202

Of course he is.....the Yanks imploded during the post season.  Since Mo ain't coming back...why not stick around Rafael??  

Master_Live_013
Master_Live_013

 @carjax1202 You would be think Sox fans would be more careful before talking about other teams. We don't know Mo's decision yet. And you knew anything about baseball/business you would know that it is in his best interest to seek a long term deal for more than 14 mill even if for a lower annual salary.

Adam7
Adam7 like.author.displayName 1 Like

thee dumbest move ever this dumbass will be lucky to get any more than 25 for 4 yrs why give up 14 in 1 yr!!!!!!!!!!!!!!!!!!!!!!!!!!

sangwoo29
sangwoo29 like.author.displayName 1 Like

So he can get 4yrs 60M deal? Seriously, GMs better smart up as he is not worth more than 3 yrs 27M.