The Texas Rangers have been unable to trade pitcher Derek Holland, and thus will decline his option and allow him to become a free agent, according to T.R. Sullivan on Twitter.
We learned several days ago the Rangers wouldn't be picking up the team option for 2017 on Holland, and would try to trade him. I'm surprised by that, given that the pitching market is sparse this winter, and the $11 million for Holland on the option for 2017 seems to be not excessive, despite his recent struggles.
Holland has never seemed to be able to stay healthy since his knee surgery prior to the 2014 season. He has been dogged by shoulder injuries the past two seasons, and his stuff has declined as well. He will likely sign a one year deal with another team, and look to have a bounce back season in 2017.