John Mozeliak’s first move as Cardinals interim GM was a no-brainer – he exercised Jason Isringhausen‘s $8MM option for 2008. Always good to throw the new guy a softball.
There was some speculation in early August that Walt Jocketty might consider overwriting the option by extending Izzy for 2008-09. That move backfired with Jim Edmonds, and Mozeliak apparently has taken the more conservative approach.
As a reminder, the Cardinals have roughly $20MM to burn and hope to acquire a shortstop, a power hitter, and two starters.