The Rangers designated the 2010 All-Star closer for assignment after their game on July 3. They were unable to trade Feliz, and he cleared waivers. As a five-year veteran, he had the right to refuse a minor league assignment.
Feliz saved 40 games in 2010 and won the American League Rookie of the Year award. He had 32 saves the next season, helping the Rangers reach their only two World Series.
Feliz entered this season with a 2.53 career ERA, the lowest in Rangers history for a pitcher with more than 200 innings pitched. He lost his closer's job after blowing three of nine save opportunities.