Chien-Ming Wang has exercised the opt out clause in his contract and the Yankees granted him his release, according to Andy McCullough of the Newark Star-Ledger (via Twitter). Wang, who has been pitching for the Yankees' Triple-A affiliate, could have opted out on May 31st but put off the decision until today.
We heard last week that the right-hander had interest from six clubs but was unlikely to trigger his opt out clause as none of those teams were willing to offer him a major league deal. Wang made nine starts for Triple-A Scranton/Wilkes-Barre, posting a 2.33 ERA with 3.9 K/9 and 1.6 BB/9.