This move is likely destined to bring an end to Mujica’s tenure with Boston. He had signed a two-year, $9.5MM deal before last season. Unless the club can find a taker for some portion of that guaranteed money — which is split evenly over the deal’s two seasons — it will remain obligated for the full amount.
Mujica has struggled to a 4.03 ERA over 73 2/3 innings during his time with the Red Sox. He has struck out 6.2 and walked 2.1 batters per nine in that span, which is solid enough but falls well shy of the 9.2 K:BB ratio he put up in 2013. Mujica’s average fastball velocity is down over a full tick from that excellent campaign.
It remains to be seen what kind of interest Mujica will draw, and whether the Sox will be able to save some cash with his departure. There are always teams looking for pen depth, of course, and Mujica has a rather impressive pedigree. If no clubs are willing to take on obligations, then Mujica would presumably clear waivers and have a chance to elect free agency, where he should receive plenty of action.