The Yankees will announce that they're declining their 2012 option for Damaso Marte, according to Mark Hale of the New York Post (on Twitter). The left-hander missed the entire 2011 season after undergoing shoulder surgery last October. He'll get a $250K buyout instead of a $4MM salary for 2012.
Marte, 36, signed a three-year, $12MM deal after the 2008 season and contributed just 31 regular season innings over the course of the past three seasons. However, he was effective in the 2009 playoffs and has a 3.48 ERA with 9.5 K/9 and 4.1 BB/9 over the course of an 11-year career (hat tip to River Ave. Blues). If healthy, he could obtain a minor league deal with an invitation to Spring Training this offseason.