Yankees declined their $5 million club option on RHP Jonathan Loáisiga for the 2026 season

There’s still a chance that Loáisiga will be back with the Yankees on a cheaper contract, but the team was not going to pay $5 million to a pitcher who hasn’t thrown 30 innings since 2022. The 31-year-old Loáisiga has battled injuries over the last few seasons, including a back injury and flexor strain last year, but he also has a 3.54 career ERA in 249 1/3 MLB innings, so there will be interested teams this offseason.