Rafael Soriano expected to opt out of contract with Yankees

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Hardly shocking news here, but Rafael Soriano is expected to exercise the opt-out clause in his contract with the Yankees and test free agency.

Soriano has until three days after the World Series to decide whether to accept his $14 million option for next season or reject it and receive a $1.5 million buyout. Joel Sherman of the New York Post spoke with Soriano’s agent, Scott Boras, and while he wouldn’t definitively say his client will opt out, he did say “there is a strong chance that he would have tremendous value as a free agent.” Not difficult to read between the lines there.

Soriano, who turns 33 in December, figures to do very well in free agency after posting a 2.26 ERA, 42 saves and a 69/24 K/BB ratio over 67 2/3 innings this season while filling in for Mariano Rivera in the closer role.

The Yankees will likely make Soriano a qualifying offer if he opts for free agency in order to set themselves up for draft pick compensation. The qualifying offer is determined by the average of the top 125 salaries in the game, so it will likely be an offer in the range of $13.3-13.6 million. There’s always the chance that Soriano could accept and once again be a very expensive set-up man, but the thought is that he’ll be on the lookout for a multi-year deal on the open market.

UPDATE: Jon Heyman of CBSSports.com reports that qualifying offers for free agents need to be worth $13.3 million.

Video: Nolan Arenado collects 200th career home run

Nolan Arenado
AP Images
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The Rockies fell 9-6 to the Orioles on Saturday, but the loss wasn’t without its bright spots. Case in point: Third baseman Nolan Arenado passed a significant career milestone on an Andrew Cashner fastball in the third inning, slugging the ball a projected 394 feet into the left field stands for his 200th career home run.

Arenado is the 34th active player to join the 200+ homer club and the first to do so since the Braves’ Freddie Freeman crossed that threshold on May 19. The three-run shot was the infielder’s 14th of the season and third since Friday, when he went deep twice against Orioles rookie John Means and reliever Shawn Armstrong. Following Saturday’s performance, he’s batting a robust .333/.377/.632 with 30 extra-base hits, 42 RBI, and a 1.009 OPS through 220 plate appearances.

He isn’t the only Rockies slugger making history, either. Arenado’s feat trailed that of Trevor Story, who clobbered an 0-2 pitch from Armstrong during the seventh inning of Friday’s 8-6 win. The two-run blast was his 100th home run in 448 career games, making him the fastest shortstop to reach the mark in MLB history.

The Rockies will vie for the series win as they round out the series on Sunday, with right-hander German Márquez scheduled to take the bump against fellow righty David Hess at 3:10 PM EDT.