The Yankees declined 2011 options on first baseman-designated hitter Lance Berkman, reliever Kerry Wood and oft-injured first baseman Nick Johnson, and exercised their option on pitching prospect Andrew Brackman.
Berkman's option was for $15 million, Wood's for $11 million and Johnson's for $5.5 million.
Berkman gets a $2 million buyout because of Wednesday's decision, and Johnson receives a $250,000 buyout.
Acquired from Cleveland at the trade deadline, Wood became Mariano Rivera's setup man and went 2-0 with an 0.69 ERA in 24 relief appearances for the Yankees. New York may be interested in re-signing him.
Never miss a local story.
Brackman gets a salary of $400,000 in the minor leagues and $1 million in the majors.
Sabathia to have surgery
Yankees pitcher CC Sabathia will have arthroscopic surgery Friday to repair a small meniscus tear in his right knee.
The Yankees said Wednesday that team physician Dr. Christopher Ahmad will operate at New York-Presbyterian Hospital.
Sabathia is to begin his pre-spring training routine three-to-six weeks after the operation.
He was 21-7 with a 3.18 ERA in his second season with the Yankees, then was 2-0 with a 5.63 ERA in three post-season starts.
Blue Jays: Toronto exercised its $1.2 million option for catcher Jose Molina on Wednesday, keeping the defensive specialist with the team through the 2011 season.
The 35-year-old catcher batted .246 with four doubles, a career-high six home runs and 12 RBI in 57 games this season. He split time with All-Star and former Legend John Buck behind the plate.
Phillies: Third baseman Placido Polanco will have surgery on his left elbow Friday and is expected to be ready for spring training.
Polanco will have bone fragments removed from his elbow, in addition to having his extensor tendon repaired. He is expected to need eight to 10 weeks of recovery.
He hit .298 with six homers and 52 RBI for the NL East champions.
Brewers: Milwaukee broadcaster Bob Uecker left the hospital Wednesday, eight days after his second heart surgery this year.
The 75-year-old said in a statement released by the team that he's thankful to the doctors and staff at the hospital for his care and is encouraged to be going home.
The latest surgery repaired a tear from the valve replacement performed in April. Doctors say they believe a staph infection caused the complication.