Rafael Soriano opts out of deal

Updated: November 1, 2012, 11:37 AM ET
By Andrew Marchand and Wallace Matthews | ESPNNewYork.com

Rafael Soriano opted out of the last season of his three-year contract Wednesday, leaving the New York Yankees without a closer and waiting on Mariano Rivera's decision whether to retire.

Soriano's opt-out had been expected since the end of the season. His agent, Scott Boras, has indicated to several media outlets, including ESPNNewYork.com, that he planned to advise his client to opt out and become a free agent.

Soriano would have been paid $14 million ...

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