Molina was placed on release waivers Monday, the Tampa Bay Times reports. The move is the last step for Molinaw, who was DFA'd last week, before he becomes a free agent. The 39-year-old is unlikely to be claimed off release waivers by Wednesday and will be in the market for a new team. If he does go unclaimed, the Rays will be responsible for his $2.75 million salary for the 2015 season.