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The Guardians released Velasquez on Wednesday.

Velasquez is headed to Korea to sign with the Lotte Giants of the Korea Baseball Organization. The right-hander has spent all of the 2025 season with Triple-A Columbus, posting a 3.42 ERA and 95:50 K:BB over 81.2 innings. Velasquez has not pitched in the big leagues since 2023.

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