The Mets plan to exercise Jose Reyes' $11MM club option for 2011, reports Mark Hale of the New York Post. Hale also echoes Andy Martino's report for the New York Daily News from eleven days ago, saying the Mets will explore a multiyear deal.
Reyes, 27, made his season debut on April 10th after missing most of 2009 due to a hamstring injury. He's hitting .279/.316/.419 on the season; his 4.9% walk rate is his lowest in several years. The $11MM option is worth exercising for the Mets, as the shortstop market is perenially weak and Reyes is decent value even at a reduced level of performance. I'm guessing that to sign Reyes to a multiyear deal when his stock is still pretty low, the Mets would require a discount.