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Options deadline passes as teams look ahead to 2011

Nov 5, 2010, 12:06 AM EDT

Trader in the 30-year bond options pit signals an order in front of a trading board at the Chicago Board of Trade

It’s now past midnight in the east and the deadline for teams to either exercise or decline options on players has passed.  There weren’t a ton of surprises — if any — but it’s worth reviewing some of the bigger names that were involved in the early offseason decisions.

The Cardinals got an easy call out of the way immediately after their regular season ended, exercising a bargain $16.5 million on Albert Pujols for 2011.  Baseball’s best hitter doesn’t have a contract lined up for 2012 and the Cards are expected to be busy on that front this winter.  El Hombre told reporters in the Dominican Republic Thursday that he’s hoping for an extension by the start of next season.

Mark Ellis will be back in Oakland for another year.  The A’s picked up his $6 million option and will start him at second base again in 2011.  He was superb defensively this year with decent production at the plate.

The Red Sox convinced designated hitter David Ortiz that he was lucky to have a $12.5 million option given his age, lack of defensive versatility and soon-to-be diminishing performance at the plate.  He was hoping for a two-year extension, or perhaps something more, but the Sox exercised the option and will play it year-to-year with the 34-year-old slugger.

Vladimir Guerrero had a highly productive year for the American League champion Rangers, registering an .841 OPS, 29 homers and 115 RBI, but he wasn’t deemed worthy of a $9 million salary.  He is no longer capable of playing the outfield and fell off a bit in the second half.  His option was declined for 2011 and he will enter the offseason as a free agent.  The Rangers are probably going to try to bring him back for less.

Jose Reyes didn’t have the most productive 2010 campaign, but his $11 million option was picked up in an easy move for new Mets GM Sandy Alderson.  Reyes, 27, had a .773 OPS in the half last season and is capable of riding that momentum into an even more productive 2011.

Adrian Beltre, 31, had control of his own destiny this fall and has decided to test the free-agent waters after posting a stellar .321 batting average, .919 OPS and 28 home runs over 589 at-bats in 2010.  He could have exercised his $11 million player option and stayed in Boston, but he’s hoping for a multi-year deal and is certain to find it.

Cubs third baseman Aramis Ramirez also had a player option, but he didn’t have the kind of season that Beltre had and wisely opted for a $14.6 million salary in 2011.  He’s inury prone, finished with an on-base percentage under .300 this year, and wouldn’t have touched that kind of cash as a free agent.

Bronson Arroyo was the ace of the Reds’ tremendous pitching staff this year with a 17-10 record, 3.88 ERA and 1.15 WHIP over 33 starts.  He is seeking a long-term deal and the Redlegs are going to consider it.  But it only made sense for the club to pick up his $11 million option first.  And they did.

The market this winter looks to be thin — really thin — and most players seeking contracts should find them.  Cliff Lee will be the offseason’s biggest winner and Carl Crawford and Jayson Werth should be close seconds.  We here at Hardball Talk will be tracking it all.

  1. proudlycanadian - Nov 5, 2010 at 9:19 AM

    The Jays did not exercise their option on Gregg. They are trying to stockpile a lot of draft picks and Gregg is worth a sandwich round pick. He had too many nervous saves last year to make the Jays want to keep him. Keep an eye on minor league starter Zach Stewart as the potential closer for next year. I also like Kery Wood but it seems as though the Jays do not want to get into any bidding wars for free agents.

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