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Jays Exercise Encarnacion's Option, Decline Rauch's
The Blue Jays announced that they exercised their 2012 option for Edwin Encarnacion and declined their option for Jon Rauch. Encarnacion obtains a $3.5MM salary instead of a $500K buyout and Rauch obtains a $250K buyout instead of a $3.75MM salary.
Encarnacion, 28, posted a .272/.334/.453 line and hit 17 home runs in 2011. I explained at the beginning of September that the Blue Jays were likely to pick up his option because of his strong final four months.
Rauch, 33, posted a 4.85 ERA with 6.2 K/9 and 2.4 BB/9 in 52 innings for Toronto in 2011, finishing the season on the 15-day disabled list with a right knee cartilage tear. Although he is a Type B free agent, an offer of arbitration from the Blue Jays seems unlikely.
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