As expected, the Yankees have declined the option to extend the contracts of Kerry Wood, Lance Berkman and Nick Johnson through next season. All three will become free agents.
Two days ago, Brian Cashman said to expect these moves, and given the money involved, there was never any reason to believe the Yankees would pick up any of the three options.
The Yankees did exercise the option in Andrew Brackman’s contract. That’s more of a paper move than anything, even more obvious than turning down the three veterans. When Brackman signed a Major League contract in 2007, it was a four-year deal with club options for 2011, 2012 and 2013. Barring something shocking, all three of those options will be picked up.