YANKS DECLINE OPTIONS ON GIAMBI, PAVANO • Latino Sports

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YANKS DECLINE OPTIONS ON GIAMBI, PAVANO

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The Yankees are parting ways with Jason Giambi and Carl Pavano.

The New York Yankees announced they have declined their options on first baseman Jason Giambi and right-handed pitcher Carl Pavano, making each player a free agent.

Giambi, 37, hit .247 (113-for-458) with 19 doubles, 32 home runs and 96 RBI in 145 games with the Yankees in 2008, making 112 starts at first base and 26 starts at designated hitter. He ranked second on the team in home runs, recording his eighth career 30-homer season and reaching double-digits in home runs for the 13th consecutive year. Giambi's 209 home runs as a Yankee rank 10th on the club's all-time list.

Pavano, 32, was 4-2 with a 5.77 ERA in seven starts with the Yankees in 2008. He made his first Major League start and appearance of the season on August 23 at Baltimore, recording the win. The victory was his first win and appearance since April 9, 2007 at Minnesota, after recovering from "Tommy John" surgery. In four seasons with the Yankees (2005-08), Pavano went 9-8 with a 5.00 ERA in 26 starts.

The Yankees' roster now stands at 36.

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