Yankees reliever Rafael Soriano opts out of contract

MLB, MLB Hot Stove, New York Yankees, Rafael Soriano | Comments

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.

Published On Oct 31, 2012

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carjax1202 43 pts

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

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Master_Live_013 9 pts

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.

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