Joe Nathan declines option, becomes free agent

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As expected, Rangers closer Joe Nathan has declined his $9.5 million player option for next season and will become a free agent.

Not many 39-year-old relievers are in position to turn down $9.5 million in guaranteed money, but Nathan is coming off a fantastic season in which he saved 43 games with a 1.39 ERA and 73/22 K/BB ratio in 65 innings.

In two seasons with the Rangers he threw 129 innings with a 2.09 ERA, all directly following Tommy John elbow surgery, so Nathan obviously isn’t your average 39-year-old reliever. He’s banking on getting a multi-year deal for similar money per year.

Dodgers designate Sergio Romo for assignment

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The Dodgers announced on Thursday that the club activated pitcher Grant Dayton from the 10-day disabled list and designated pitcher Sergio Romo for assignment.

Dayton, 29, went on the disabled list earlier this month with neck stiffness. He’ll resume with a 3.63 ERA and a 20/12 K/BB ratio in 22 1/3 innings.

Romo, 34, signed a one-year, $3 million deal with the Dodgers in February. It didn’t really work out, as the right-hander posted a 6.12 ERA with a 31/12 K/BB ratio in 25 innings. His peripherals are still decent, so it wouldn’t be surprising if a team in need of a bullpen arm makes a deal with the Dodgers within the week.

Nate Karns underwent season-ending surgery for thoracic outlet syndrome

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MLB.com’s Jeffrey Flanagan reports that Royals pitcher Nate Karns underwent surgery for thoracic outlet syndrome on Wednesday. He’s expected to be ready for spring training next year. Karns went on the disabled list in May with an elbow injury and didn’t make much progress.

The Royals acquired Karns from the Mariners in January in exchange for outfielder Jarrod Dyson. Over eight starts and one relief appearance, the 29-year-old right-hander compiled a 4.17 ERA and a 51/13 K/BB ratio in 45 1/3 innings.

Karns will enter his first of three years of arbitration eligibility after the season, so he’ll be under the Royals’ control through 2020.