The New York Yankees released third baseman Josh Donaldson on Tuesday, ending the former American League MVP's short and disappointing tenure as the Yankees reckon with the moves that landed them in last place.

Donaldson, 37, was acquired from the Minnesota Twins in a trade shortly after the end of the lockout in March 2022. Despite the $50 million remaining on the final two years of his contract -- $21 million for 2022 and 2023, plus an $8 million buyout on a 2024 option -- the Yankees had hoped the three-time All-Star could stabilize the third-base position and bolster their offense.