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Updated: August 31st, 2011 6:59pm
Joe Nathan declines to waive no-trade rights, will stay with Twins

Joe Nathan declines to waive no-trade rights, will stay with Twins

by Phil Mackey
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With Thursday at midnight marking the deadline for teams to acquire players and have them be eligible for postseason rosters, Minnesota Twins right-hander Joe Nathan will stay put.

During the Twins' last homestand, Nathan told 1500 ESPN that he would waive his no-trade rights if the right situation presented itself.

But according to the Star Tribune, when the team approached Nathan Tuesday night about waiving his no-trade clause -- a procedure that needs to take place 24 hours prior to any deal -- the Twins' all-time career saves leader declined.

Per the report, no trade was imminent, but the Twins wanted Nathan's consent in case anything popped up.

But because Nathan is still owed approximately $2 million the rest of this season and also a $2 million buyout -- should a team not choose to exercise his $12.5 million option for next season -- it's unlikely any potential trade partner would offer up much in return.

"It seemed for the smart decision for us to say we're not going to waive [the 10-and-5 rights]," Nathan told the Star Tribune. "It's nice to be here and have a chance to possibly be with this club again next year. We'll see what that brings."

Since returning from a month-long stint on the disabled list in June, Nathan owned a 2.53 ERA with 17 strikeouts and only three walks in 21 1/3 innings heading into Wednesday, when he gave up two runs to the White Sox in the ninth inning before eventually locking down his 12th save of the season.

Phil Mackey is a columnist for He co-hosts "Mackey & Judd" from 9 a.m. to 1 p.m. weekdays on 1500 ESPN Twin Cities.
Email Phil | @PhilMackey | Mackey & Judd
In this story: Joe Nathan