The move will make Holland a free agent at the end of the offseason, where the Royals will be happy to consider a two-year deal with him, Heyman reported.
This news does not come as a surprise. Since Holland tore his UCL in his elbow and will require Tommy John surgery and miss the entire 2016 season, it wouldn't make sense to give him a one-year deal in his final year of arbitration, as the Royals couldn't control him past next year anyway.
However, if Holland returns to the Royals on a two-year pact, then the team would miss him for next season, but still get him back in the second year of his deal when he is fully recovered.
The 29-year-old Holland went 3-2 with a 3.83 ERA and 3.27 FIP in 44 2/3 innings pitched this season, posting a 49 to 26 strikeout-to-walk ratio. He saved 32 games in 37 opportunities. The Royals' dominant closer has saved 125 games over the past three years.