Ryan exercised his $1 million player option for 2016 on Tuesday.

EDGE Analysis

He will take a steep pay cut to remain in the Yankees' organization after making $2 million in 2015. The 33-year-old posted just a .608 OPS in 103 plate appearances this past season, while appearing in fewer than 50 games for a second straight year. Ryan's chances of emerging from camp with anything more than a utility role are slim.