"All indications are that" Cincinnati will decline its end of the $4MM mutual option on Orlando Cabrera for 2011, according to Mark Sheldon of MLB.com. The move isn't exactly a surprise (over 80 percent of MLBTR readers polled last week thought Cabrera's option would be declined), but the Reds are interested in re-signing Cabrera at a lower price. Earlier this week, Reds GM Jocketty told WKRC Local 12 Sports Director Brad Johansen that Cabrera's option is "probably more than we want to exercise, we'll try to find a happy medium..if not, [Paul] Janish would be our SS." (Twitter link)
Cabrera could be amenable to staying since it appears as though he'd be given at least a share of the starting shortstop job and his lackluster 2010 season --- a .263/.303/.354 slash line in 537 plate appearances --- will make it hard to find a larger offer or regular playing time elsewhere. If the Reds pass on the option, they owe Cabrera a $1MM buyout.
Jocketty also told Sheldon that the club also has interest in Ramon Hernandez and Jonny Gomes. Hernandez is a free agent, while Cincinnati has a $1.75MM team option on Gomes. MLBTR's Luke Adams recently examined Hernandez's value on the free agent market, while MLBTR's Steve Adams did the same with Gomes yesterday.