The Reds announced that they exercised Brandon Phillips' 2012 option and declined their option for Francisco Cordero (Twitter link). The Reds will pay Cordero a $1MM buyout instead of a $12MM salary and they'll pay Phillips a $12MM salary instead of a $1MM buyout. Phillips, 30, hit .300/.353/.457 with 18 homers in 674 plate appearances for Cincinnati in 2011. - http://www.mlbtraderumors.com/2011/10/reds-exercise-phillips-option-decline-corderos.html?utm_source=twitterfeed&utm_medium=twitter
Royals exercised Joakim Soria's $6 million option for 2012. An expected move. Soria, 27, posted a career-high 4.03 ERA and 1.28 WHIP this season while blowing a career-high seven saves, but the Royals are banking on a rebound in 2012. They also have club options on him for 2013 ($8 million) and 2014 ($8.75 million). http://www.rotoworld.com/headlines/mlb/344735/baseball-headlines?r=1
Reds exercised James Shields' $7.5 million option for 2012. An easy call, even for the traditionally cost-conscious Rays. Shields, who turns 30 in December, went 16-12 with a 2.82 ERA and 226/62 K/BB ratio over 249 1/3 innings this season. The Rays hold club options on him for 2013 ($9 million) and 2014 ($12 million), which could be enticing for other clubs should they decide to shop him this winter. http://www.rotoworld.com/headlines/mlb/344742/baseball-headlines?r=1
New York Mets general manager Sandy Alderson has met with the representatives for shortstop Jose Reyes. However, Alderson added, he does not expect a quick resolution to the All-Star shortstop's free agency. Open bidding on free agents begins Thursday. "Things are going to go slowly, which I think is typical of most if not all free agents," Alderson said. "Very few sign during the exclusive period." http://espn.go.com/new-york/mlb/story/_/id/7175070/new-york-mets-met-jose-reyes-representatives
Blue Jays exercised Edwin Encarnacion's $3.5 million club option for 2012. Another easy call. Encarnacion, who turns 29 in January, batted .272/.334/.453 with 17 homers, 55 RBI and a .787 OPS this season, including an .887 OPS after the All-Star break. Unless the Jays make a play for David Ortiz, he will be the primary designated hitter in 2012. http://www.rotoworld.com/headlines/mlb/344746/baseball-headlines?r=1
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