Molina will undergo a knee surgery that will keep him sidelined for a "long, indefinite period," Fox Sports' Jon Morosi reports.

A free agent defensive specialist with a 30-grade hit tool was never going to be on many fantasy radars, but this definitely allows people in super deep leagues to ignore Molina for 2015.

Molina was placed on release waivers Monday, the Tampa Bay Times reports.

The move is the last step for Molinaw, who was DFA'd last week, before he becomes a free agent. The 39-year-old is unlikely to be claimed off release waivers by Wednesday and will be in the market for a new team. If he does go unclaimed, the Rays will be responsible for his $2.75 million salary for the 2015 season.

The Rays will designate Molina for assignment Thursday prior to the Rule 5 roster deadline, Marc Topkin of the Tampa Bay Times reports.

Molina, 39, was so atrocious with the bat last season (.417 OPS) that it easily negated his value as a pitch framer and defender behind the plate. The Rays will still have 10 days to try to find a trade partner for Molina, but if nothing materializes, they will be forced to eat his entire $2.75 million salary for 2015.

Molina is out of the lineup Sunday against the Blue Jays, Marc Topkin of the Tampa Bay Times reports.

Molina, who had been dealing with a sore knee in recent days, returned to the lineup Saturday after a three-game absence, going 1-for-3 with an RBI. It's possible Molina's still not completely healthy yet, which could result in him splitting time at the catcher spot with Curt Casali until Ryan Hanigan returns from the DL.

Molina is out of the lineup Sunday against the Cubs, MLB.com's Bill Chastain reports.

Molina appears to be splitting catcher duties Curt Casali at this point, as he has started just three of the past seven games behind the plate. He is out again Sunday, with Casali starting in his place and batting seventh for the Rays.

Molina is out of the lineup Friday against the Cubs.

Molina will receive a regular day of rest, with Curt Casali manning the backstop in his stead.

Rays re-signed C Jose Molina to a two-year, $4.5 million contract.

The previously reported deal is finally official. Molina has batted just .228/.288/.328 during his two years in Tampa but is valued for his defense and pitch framing. He figures to split time with Jose Lobaton in 2014.

Marc Topkin of the Tampa Bay Times reports that the Rays don't yet have Jose Molina's physical results and will postpone the announcement of Molina's contract to next week.

The announcement was expected Tuesday or Wednesday, but the Rays will go ahead and push back the ceremony until after Thanksgiving weekend. Molina will officially re-sign with Tampa Bay on a two-year, $4.5 million deal at that time.

Jose Molina will take a physical Tuesday and his new two-year contract with the Rays will be made official either later that day or on Wednesday, according to Marc Topkin of the Tampa Bay Times.

CBS Sports' Jon Heyman first reported on Sunday that Molina had re-signed with Tampa Bay on a two-year, $4.5 million deal. The 38-year-old should be kept miles from a fantasy roster -- he's slashed .228/.288/.328 over the past two years in Tampa -- but is a valuable real-life player due to his defensive acumen and lauded pitch framing ability.

CBS Sports' Jon Heyman reports that Jose Molina has re-signed with the Rays on a two-year, $4.5 million deal.

Molina made $1.5 million each of the last two seasons, so he gets a bit of a raise. The 38-year-old is a virtually zero at the plate, batting just .228/.288/.328 during his two years in Tampa. The Rays value him for his game calling and pitch framing, though. He figures to split time with Jose Lobaton in 2014.

ESPN.com's Buster Olney reports that the Rays are closing in on a potential two-year contract with free agent Jose Molina.

The pact would run this his age-40 season. Molina has posted a meager .616 OPS over the past two seasons, but his defense is superb. He's the type of player who is far more valuable in real life than in fantasy baseball.

Jose Molina is back in the starting lineup Friday against the Twins.

Molina was away from the team on Thursday in order to be with his mother after surgery. He'll bat eighth and catch Chris Archer in his return to action.

Jose Molina is expected to rejoin the Rays on Friday.

Molina traveled to St. Louis after his mother had surgery on Wednesday. However, it sounds like he should be back when the Rays open a series against the Twins in Minnesota.

Jose Molina is not with the Rays on Thursday night due to a private family situation.

Cardinals catcher Yadier Molina and Cardinals assistant hitting coach Bengie Molina -- brothers of Jose -- have also been excused for the next couple of days.

Jose Molina blasted a two-run home run, helping to power the Rays to an 8-3 victory over the White Sox on Friday.

Molina finished the night 1-for-4 plus a walk and a pair of runs scored. His two-run blast off Dylan Axelrod got the Rays on the board in their five-run second inning, and would prove to be all of the support that Jeremy Hellickson and company would need. The defensive minded backstop is now hitting .260 with two homers and 10 RBI on the season.

Jose Molina went 2-for-3 with a walk and a stolen base in Sunday's victory against the Yankees.

A rare offensive outburst for the game's premier pitch framer. Molina, a far, far better real-life player than fantasy contributor, is batting .271 to go with one homer and eight RBI over 133 at-bats, which makes him a second catcher in AL-only formats.

Jose Molina (hamstring) is back in Wednesday's lineup against the Blue Jays.

Molina hasn't played since Saturday due to a tight left hamstring. The Rays are hoping that the issue is behind him.

Jose Molina (hamstring) is not in the Rays' starting lineup on Tuesday night against the Blue Jays.

Molina hasn't played since Saturday because of a tight left hamstring. It's not thought to be a serious injury.

Jose Molina (hamstring) is available on Monday and is expected to return to the starting lineup Tuesday.

Molina sat out Sunday and is not in Monday's batting order against the Blue Jays due to some left hamstring tightness. It's not a serious concern for the Rays.

Jose Molina said he was "OK" after Saturday's game after exiting due to left hamstring tightness.

It also sounds like Molina could be in the lineup Sunday. Either way, he's just day-to-day and nothing more at this point.