Marc Topkin of the the Tampa Bay Times is tweeting that the Tampa Bay Rays will release first baseman James Loney. The move isn't unexpected by the Rays, they had already informed Loney that he wouldn't be making the team. The Rays thus far haven't been able to find a trade partner, and they would be on the hook for the $8 million that he is owed in 2016.
Loney was hampered by injuries by in 2015, which limited him to 388 plate appearances. He put together a slash line of .280/.322/.351, but doesn't possess a lot of power. He has always been a solid defender, but advance metrics are showing that part of his game is in decline.
The three-year deal that the Rays signed with Loney hasn't played out the way they had anticipated. An usual foray into free agency, when their forte is building through the system.