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Atlanta declined Yates' $5.75 million option for 2024 on Monday.
The move comes as somewhat of a surprise, as Yates posted a 3.28 ERA and 80:37 K:BB over 60.1 frames for Atlanta this past season. He will turn 37 in March and his control has regressed, but Yates' bat-missing ability should draw plenty of interest on the free-agent market from clubs in need of a late-inning relief arm.
