Jason Frasor clears waivers, released by the Royals

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Apparently a 1.54 ERA doesn’t mean as much as it used to.

Veteran reliever Jason Frasor, who was designated for assignment by the Royals last week despite having a 1.54 ERA in 23 innings this season, passed through waivers unclaimed by any of the other 29 teams and has been released.

Frasor had a sub par 18/15 K/BB ratio in 23 innings, so his great ERA was very misleading, but he’s been a solid setup man for the past decade. His one-year contract had about $750,000 remaining on it, which is reasonable enough for some team to snatch him up, but it also had a $550,000 buyout for 2016 that perhaps changed things a bit.

Expect the 37-year-old right-hander to latch on elsewhere, with a good chance he makes it back to the majors before long. Frasor has a 3.52 ERA in 673 career appearances, including a 2.41 ERA in 120 innings since 2013.