Marc Topkin of the St. Petersburg Times has the latest on the Rays’ moves today. The first two were expected.
- Carl Crawford‘s $8.25MM option for ’09 was exercised. The Rays still have a $10MM club option for ’10 that is highly likely to be exercised. After that, it’s anyone’s guess.
- The Rays chose Rocco Baldelli‘s $4MM buyout over his $6MM option. It’s a sad situation but it had to be done.
- Dan Wheeler was signed to an extension. His ’08 contract was replaced; the new three-year deal runs through 2010 and is worth $10.5MM. He would’ve been a free agent after the season; think of it as a two-year, $6.7MM extension. It’s not a bargain for the 30 year-old, whose 5.30 ERA in ’07 was worse than his 3.5 K/BB would indicate. He’ll need to return to his 2005-06 level to be worth the money.