The Yankees weren't able to find a trade for Soriano, especially since he still had a no-trade clause in his contract and obviously, he wasn't accepting a minor-league assignment at 38 years old, so with less than two days to go until the deadline of 10 days, the Yankees released Soriano from the team and made him a free agent.
MLB Trade Rumors (@mlbtraderumors) July 14, 2014
The Yankees will pay the remainder of the $5 million that they owed Soriano for the season; the Chicago Cubs are still paying him $13 million of the $18 million he was owed in the final year of the contract he signed before the 2007 season. Soriano was acquired from the Cubs by the Yankees last July and played very well for the team, hitting 17 home runs and 50 RBI in 58 games, ending the season with 34 home runs and 101 RBI on the season.
The 2014 season though was not kind to Soriano, as he hit just .221 with six home runs and 23 RBI in 67 games and was relegated to playing only against left-handed pitching, but even then he was struggling to hit lefties before he was cut loose from the team. Brandon McCarthy took his spot on the team when he was acquired that same day from the Arizona Diamondbacks for Vidal Nuno.
Soriano has hinted that he could potentially retire instead of signing on with another team; although he could get an offer from a team in need for offense; some people think the offense-needy Seattle Mariners could be a landing spot for the 38-year-old. If he were to retire, Soriano would have 412 total home runs and 2,095 career hits in 16 seasons.
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