Via Marc Carig on Twitter, the Yankees have declined the $1.25 million option the team held on Sergio Mitre. This move, however, does not portend the end of Mitre’s pinstriped career. Since he is arbitration-eligible, he remains, as Carig notes, under team control. The Yanks could still opt to non-tender him, but for the amount it will cost to resign him, Brian Cashman will look to retain him on an incentive-laden deal. Just a few days ago, I predicted that the Yanks would pick up his option. So much for that.