Thursday, November 1, 2012
The Day I've Been Waiting For: Soriano Opts Out
It was reported yesterday that Rafael Soriano opted out of his $14 million contract, to pursue a new contract as a free agent. After the Yankees pay his $1.5 million opt out fee, they will officially be out of the second worst contract in Yankee history, the first of course being A-Rod's. Some will argue that Soriano's performance last year merits the contract he got, but they would be wrong. He missed most of 2011 due to injury and although he filled the closer role when Mariano stepped out, he was never worth the contract he was given. Now that the Yankees have freed up $12.5 million from next years budget (That's $14 million minus the $1.5 million opt out fee), perhaps they have just enough to start working out Pettitte and Kuroda's raises. The true mystery revolves around Mariano, who is still not sure whether he wants to return, and if he does, how much of a contract he will command. How much do you give a closer who spent almost an entire year on the DL and ate $15 million worth of payroll in the process, and, by the way, happens to be the greatest closer of all time? I suppose this year we will find out.