Right-hander Joe Nathan will get a $2 million buyout after the Minnesota Twins declined the club option on the closer for the 2012 season.
Twins general manager Bill Smith says he spoke with Nathan and his agent Tuesday and said the team was interested in re-signing Nathan. The option for 2012 was $12.5 million.
Smith says the Twins will stay in contact with Nathan and his agent as the team moves into the free-agent process.
Nathan converted 14 of 17 save opportunities this season and pitched 44.2 innings with an ERA of 4.84. The 36-year-old was acquired by Minnesota in 2003 in a trade with San Francisco that sent Francisco Liriano to the Twins.