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.

Indians sign Melky Cabrera to a minor league deal

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The Indians have signed free agent outfielder Melky Cabrera to a minor league deal. The pact is pending a physical.

Cabrera, 33, went unsigned this past offseason after putting up a season of .285/.324/.423 with 17 homers and 85 RBI with the White Sox and the Royals.

Cabrera will report to Columbus once he passes his physical and, according to Paul Hoynes, there are no guarantees being made to him that he’ll get playing time. That said, the Indians aren’t getting much outfield production from anyone besides Michael Brantley, and Cabrera’s status as a switch hitter would give Terry Francona some flexibility, so it would not be shocking to see him on the big club after some reps in the minors.