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MLBTRThe Twins announced today that they've declined their club option on reliever Joe Nathan. The option was worth $12.5MM, but the team will pay a $2MM buyout. GM Bill Smith said, "I spoke with Joe and his agent this morning, and expressed our interest in re-signing Joe. We will remain in contact with them as we move forward into the free agent process."
Nathan signed a four-year contract extension for $47MM in March of 2008, and the total remains the record for a reliever. Nathan, 36, had been dominant as the Twins' closer from 2004-09, racking up a 1.87 ERA, 11.1 K/9, 2.6 BB/9, 0.6 HR/9, and 246 saves in 418 2/3 innings. He had Tommy John surgery in March of 2010, returning this year to mixed results. Further removed from the surgery, he'll be a popular free agent target on a one-year deal.
Depending on what the price and demand is for him, I could possibly see the Mets go after him. Obviously there's a limit to what Alderson will be willing to spend, but Mets did lose probably 6+ games this year due to a shaky bullpen, and no reliable closer.
Nathan could be the guy to possibly bring some stability to it. I liked Parnell as an 8th inning guy and he did a solid job there, but just doesn't have the control of his pitches to be a reliable closer.