Minnesota have declined their mutual option in Colome's contract and will buy out his 2022 contract for $1.25 million, making him a free agent, Dan Hayes of The Athletic reports.

EDGE Analysis

Had both sides elected the option, Colome would have made $5.5 million in 2022. Colome was signed to shore up the back end of the bullpen, but he lost the closer job after an awful April where he blew three of six save chances and had a 8.31 ERA. He improved in the second half of the season and regained the closer role in September. However, the Twins decided to move on even though his option wasn't too expensive for a veteran closer/set-up man.