5:42pm: Tateyama's 2013 option was worth $1.2MM, according to our own Ben Nicholson-Smith (via Twitter).

4:03pm: The Rangers have declined their 2013 options for Scott Feldman and Yoshinori Tateyama, Jeff Wilson of the Fort Worth Star-Telegram reports. The Rangers reinstated Neftali Feliz from the 60-day disabled list and purchased the contract of Justin Miller in related moves.

Feldman obtains a $600K buyout instead of a $9.25MM salary. The 29-year-old started and relieved for the Rangers this past season, posting a 5.09 ERA with 7.0 K/9 and 2.3 BB/9 in 123 2/3 innings.

The value of Tateyama's option remains unknown, but his 2012 option was valued at $1MM. The 36-year-old allowed 17 earned runs in as many innings this year after a promising debut season. He spent most of the 2012 campaign at Triple-A where he pitched much more effectively.