Instead, the Nationals are likely to wait out the market for a lesser right-handed reliever to join their bullpen, Rosenthal adds.
Holland and the Nationals appeared to be a good fit because of the connection his agent Scott Boras has with Washington's front office, and their apparent need for additional bullpen help.
But, Holland is one year removed from missing an entire season thanks to Tommy John surgery and was nowhere near as good in the second half of the 2017 season as the first.
The 32-year-old appeared to be closing in on a deal with the Rockies in mid-December, but an agreement failed to come to completion and Colorado instead inked Wade Davis to a three-year, $52-million contract.
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