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Alfonso Soriano Released by Yankees After Being Designated for Assignment

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Alfonso Soriano Released by Yankees After Being Designated for Assignment
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Updates from Monday, July 28

Jon Heyman of CBSSports.com reported on Alfonso Soriano's future in baseball:

Seven-time All-Star Alfonso Soriano, released by the Yankees earlier this month, has told friends he expects to take the rest of this season off, then consider next season whether to return to play in the majors.

(...)

A few teams have talked to Soriano since the Yankees designated him for assignment July 4, but after being away for nearly four weeks he has told friends he believes he would need time to get into playing shape, making next year seem more realistic. Soriano, 38, has 412 career home runs.

Updates from Monday, July 14

The Yankees officially released Alfonso Soriano, according to the MLB's transaction page. 

Zach Links of MLBTradeRumors.com later followed with financial details surrounding Soriano's release:

New York will owe Soriano the remainder of the $5MM portion of his salary for which the team is obligated. He will be free to sign with any club (likely at a league-minimum rate), though Soriano has indicated that he would give at least some consideration to retirement.

 

Original Text

The New York Yankees have designated veteran Alfonso Soriano for assignment, manager Joe Girardi announced Sunday, per Mark Feinsand of the New York Daily News:

According to Meredith Marakovits of the YES Network, the Yankees made the move in order to add a pitcher. Soriano's offensive dip also provided motivation for the decision:

Girardi and Yankees management didn't blithely DFA the 38-year-old, as Daniel Barbarisi of The Wall Street Journal believed the manager grappled with the decision:

Girardi commented that the hard part is not knowing what the future holds, per Yankees play-by-play man Michael Kay:

Yankees general manager Brian Cashman also spoke about the decision to move Soriano with Joel Sherman of the New York Post:

Weep not for Soriano, though, since he's still counting the money from the massive eight-year, $136 million deal he received from the Chicago Cubs in 2006, per Mark Zuckerman of CSNWashington.com:

If you simply look at the numbers, you can understand why New York feels Soriano is expendable.

After getting traded to the Yankees from the Cubs last year, he looked like his old self, hitting .256 with 17 home runs and 50 RBI in 58 games.    

Jonathan Daniel/Getty Images

However, in 2014, his average dropped to .221, while his power numbers are down precipitously to six homers and 23 RBI in 67 games. MLB.com's Andrew Simon found the best indicator to signify Soriano's offensive decline:

Considering how much money he's still due for this year, Soriano will almost certainly clear waivers.

Once he's a free agent, some team might take a flier in the hope that he can return to his form. Having a player with his track record and experience coming off the bench could be a valuable asset come playoff time for a contender.

Meanwhile, the Yankees can use that open roster spot to help improve a pitching staff that ranks 21st in ERA (3.95), 23rd in quality starts (42) and 19th in opponents' batting average (.256). They already made a move earlier Sunday to acquire right-hander Brandon McCarthy from the Arizona Diamondbacks, so it will be interesting to see what they do next.

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