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.