Trevor Hoffman's option declined

Updated: November 2, 2010, 5:48 PM ET
Associated Press

MILWAUKEE -- The Milwaukee Brewers have declined their $7.5 million mutual option on Trevor Hoffman and will pay the career saves leader a $750,000 buyout.

Tuesday's move was expected after the 43-year-old struggled in May and lost his closer's role to rookie John Axford. Axford saved 24 of 27 chances.

Hoffman got his 600th save on Sept. 7 and finished the season with 10 to raise his total to 601. He had a 5.89 ERA this year.

Milwaukee also declined a $6.5 million option ...

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