Shields, 30, posted a 3.52 ERA with 8.8 K/9 and 2.3 BB/9 in 227 2/3 innings this past season. His name will no doubt surface in offseason trade rumors in the coming months.
The Rays have three remaining contract options. They'll exercise Fernando Rodney's option at $2.5MM and Luke Scott will probably obtain a $1MM buyout instead of a $6MM salary. The Rays also have an option for Jose Molina valued at $1.8MM.