Royals decline $7.5 million option on Joakim Soria

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Joakim Soria missed the entire season following Tommy John elbow surgery and today the Royals declined their $7.5 million option on the once-elite closer, making him a free agent.

Soria will hit the open market after receiving a $750,000 buyout, although Bob Dutton of the Kansas City Star reports that it’s possible the Royals will re-sign him at a lower salary.

Soria was one of the best relievers in baseball from 2007-2011, saving 160 games and throwing 315 innings with a 2.40 ERA and 9.7 strikeouts per nine innings. He may have to settle for an incentive-laden one-year contract, although if a team wants to take the risk of offering Soria a multi-year they could end up getting a huge bargain in the 28-year-old right-hander.

Report: Twins interested in Wade Miley

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Free agent left-hander Wade Miley is among several offseason targets for the Twins, according to a report from Darren Wolfson of KSTP. Miley’s $12 million option was declined by the Orioles back in November, and while he’s expected to attract another major league deal in 2018, he hasn’t exactly been highly sought after this offseason.

The 31-year-old lefty finished his second campaign with the Orioles in 2017, producing an 8-15 record in 32 starts and ranking second-to-last among all AL starters with a 5.61 ERA, 5.3 BB/9 and 8.1 SO/9 in 157 1/3 innings. Even taking Miley’s undeniable durability into account — he remained healthy for the bulk of the season and completed his sixth straight year with 30+ starts — his declining value and career-worst numbers may lower his price tag as the 2018 season approaches.

Wolfson notes that the Twins have engaged in “regular dialogue” with Miley’s agent this winter, but he’s far from the only starting pitcher they have their eye on. Right-handers Yu Darvish, Lance Lynn, Alex Cobb and Chris Tillman are still on their radar, among several others, and club owner Jim Pohlad said Saturday that he was “totally on board” with the idea of signing a big-name free agent like Darvish or another available starter. “There are some interesting names and some interesting opportunities there,” Pohlad told a crowd at TwinsFest. “I’m as intrigued by it as anybody and attracted to it as anybody.”