The Milwaukee Brewers have declined their $6.5 million mutual option on Braden Looper, electing to pay the pitcher a $1 million buyout. The team had until Saturday to decide whether to exercise the option on the 35-year-old right-hander, who now becomes eligible for free agency. After signing with the Brewers as a free agent on Feb.
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BoSox exercise $7.7M option on Martinez (AP)
The Red Sox exercised their $7.7 million option on Victor Martinez and declined options on Jason Varitek and Alex Gonzalez on Monday. Boston also agreed to a $5 million, two-year contract with 43-year-old knuckleballer Tim Wakefield, replacing a perpetual $4 million annual club option. The moves on the options were expected after Boston obtained Martinez from the Cleveland Indians on July 31 and he…
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Twins keep Cuddyer for 2011 at $10.5M (AP)
The Minnesota Twins have picked up outfielder Michael Cuddyer's $10.5 million option for 2011. Cuddyer hit a career-high 32 home runs to lead the team. He also had 94 RBIs and was sixth in the American League with 73 extra-base hits. When slugger Justin Morneau went out with a back injury in September, Cuddyer moved from right field to first base.
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Phillies decline option on 3B Feliz (AP)
The Philadelphia Phillies have declined their $5.5 million 2010 option on third baseman Pedro Feliz. Feliz hit .266 with 12 home runs and 82 RBIs in 158 games for the National League champion Phillies this season. He'll receive a $500,000 buyout. General manager Ruben Amaro Jr. says he won't rule out bringing back Feliz.