As expected, the Yankees declined Andrew Bailey‘s club option for 2016 earlier today, the team announced. Also, Brendan Ryan exercised his 2016 player option worth $1M. The Yankees actually hold a $2M club option for Ryan, but there’s no reason to pick that up now. Not unless the Yankees feel like being generous and giving Ryan an extra million bucks.
Bailey, 31, originally signed a minor league contract with the Yankees prior to last season that included a club option for 2015. The team declined the club option and re-signed him to a new minor league contract last winter because he was still rehabbing from shoulder surgery.