The 30-year-old southpaw had been projected by MLBTradeRumors.com to earn a raise to $2.8 million via arbitration and apparently that was too rich for their blood. Alexander registered a 5.10 ERA, 1.25 WHIP and a 90/24 K/BB ratio over 107 2/3 innings with the Rays in 2024. Most teams in the league could use a capable left-handed innings-eater, so don't be surprised to see Alexander back in another big-league bullpen for the start of the 2025 season.