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The Yankees declined Loaisiga's (elbow) $5 million option for 2026 on Wednesday, Jorge Castillo of ESPN.com reports.

Loaisiga had another season cut short due to injury in 2025 and posted a 4.25 ERA, 1.48 WHIP and 25:10 K:BB across 29.2 innings. He missed most of the final two months of the regular season, first with a back issue and then with a flexor strain. Loaisiga did not require surgery for the latter injury and is expected to be ready for spring training, barring setbacks.

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