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Tag: option

  • Brewers decline Looper’s $6.5M option (AP)

    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.

  • Braves’ Hudson gets 3-year, $28M deal (AP)

    FILE - This Sept. 1, 2009, file photo shows Atlanta Braves' Tim Hudson(notes) pitching against the Florida Marlins in the sixth inning of a baseball game in Miami. Hudson has agreed to a new three-year contract with the Atlanta Braves.

    Tim Hudson agreed to a $28 million, three-year contract with the Atlanta Braves on Thursday, giving the team a wealth of starting pitching and setting up a likely trade to bolster the offense. Hudson could have returned to the Braves under a $12 million option, but the sides focused on a longer deal after the right-hander showed he had overcome major elbow surgery.

  • BoSox exercise $7.7M option on Martinez (AP)

    FILE - In this June 7, 2009 photo, Boston Red Sox's Jason Varitek heads back to the dugout during their baseball game against the Texas Rangers at Fenway Park in Boston. The Red Sox declined team options on Varitek and shortstop Alex Gonzalez and exercised the 2010 contract options on catcher Victor Martinez(notes) and signed pitcher Time Wakefield to a two-year contract on Monday, Nov. 9, 2009.

    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…

  • Rays exercise LF Crawford’s $10M option (AP)

    The Tampa Bay Rays have exercised their $10 million option on All-Star Carl Crawford. The team on Monday also declined $2 million options on left-handed reliever Brian Shouse and backup catcher Gregg Zaun. The 28-year-old Crawford was the MVP of this year's All-Star game. The speedy left fielder also is the longest-tenured player in Rays history and the franchise's career leader in hits,…

  • Twins keep Cuddyer for 2011 at $10.5M (AP)

    FILE - In this Sept. 22, 2009, file photo, Minnesota Twins' Michael Cuddyer(notes) is congratulated in the dugout after hitting a home run in the sixth inning of a baseball game against the Chicago White Sox, in Chicago. The Twins picked up outfielder Michael Cuddyer's $10.5 million option for 2011 on Saturday, Nov. 7, 2009. 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.

    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.

  • 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.

  • Ramirez returning to Dodgers next season (AP)

    Manny Ramirez is coming back to the Dodgers next season. The team said Friday that the slugger exercised his $20 million contract option for 2010. His agent Scott Boras informed general manager Ned Colletti of the decision, which Ramirez had until this month to make. He could have exercised an out clause in the two-year, $45 million deal he signed in March.