Phillies Decline Options On Lidge, Oswalt

The Phillies announced that they have officially declined the 2012 options for right-handers Brad Lidge and Roy Oswalt. Lidge obtains a $1.5MM buyout instead of a $12.5MM salary and Oswalt obtains a $2MM buyout instead of a $16MM salary. The team hasn't ruled out a new deal with either Lidge or Oswalt.

"We will remain in contact with representatives for both players about the possibility of bringing them back for the 2012 season,” GM Ruben Amaro Jr. said in a statement.

Lidge, 34, appeared in just 25 games in 2011 because of a rotator cuff injury. He posted a 1.40 ERA with 10.7 K/9 and 6.1 BB/9 in 19 1/3 regular season innings before pitching two scoreless frames in the Division Series. Though he's a Type B free agent, an offer of arbitration seems highly unlikely given his extended DL stint and 2011 salary of $12MM.  For fantasy analysis on Lidge, check out Dan Mennella's latest at CloserNews.

Oswalt, also 34, posted a 3.69 ERA with 6.0 K/9 and 2.1 BB/9 in 139 innings in 2011. He made just 23 starts, as lower back issues landed him on the DL twice. A Type A free agent, Oswalt almost certainly won't receive an offer of arbitration.

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