White Sox buy out Dye

The Chicago White Sox and 2005 World Series MVP Jermaine Dye have parted ways.

On Thursday, Jermaine Dye informed the White Sox that he was accepting his 2010 one-year option for $12 million. The team followed suit today by buying out the popular outfielder's contract for $950,000.

Although this does not preclude the White Sox from re-signing Dye to a contract, it's most likely that the team will go in a different direction in filling their spots at outfield and designated hitter next season.

Dye, 35, signed a two-year, $22 million extension late in the 2007 season. This year, Dye batted .250 with 27 home runs and 81 RBI in 141 games.

Dye has also played with the Braves, Royals and Athletics. In 14 major league seasons, he has batted .274 with 325 homers and 1,072 RBIs. In five seasons with the White Sox, he batted .278 with 164 homers and 461 RBI.

Bruce Levine covers baseball for ESPNChicago.com. Information from The Associated Press was used in this report.