Rhodes posted a 4.81 ERA in 32 relief appearances during his first season with Texas this year, limiting lefties to a .216 batting average in the process. The Rangers designated the 41-year-old for assignment in order to clear a roster spot for bullpen addition Mike Adams, and Rhodes wound up going through waivers unclaimed.
Now, teams can add the veteran southpaw to their bullpen without having to pay the pro-rated share of his $3.9 million 2011 salary.
Rhodes, ranked second only to Mariano Rivera in career appearances among active pitchers, posted a 2.32 ERA and a 1.093 WHIP while appearing in 65 games a year from 2008-10.
Alden Gonzalez is a reporter for MLB.com. Read his columns and his blog, listen to his podcast and follow him on Twitter. This story was not subject to the approval of Major League Baseball or its clubs.