Catcher Miguel Olivo's option for next season went from club to mutual after he made his 110th appearance in today's contest against the Giants. However, the Rockies can still opt to buy out his 2011 for $500K rather than bring him back for $2.7MM.
Olivo's return to Colorado could create an uncomfortable situation with Chris Iannetta, writes Jim Armstrong of The Denver Post. The Rockies signed Iannetta to a three-year, $8.35MM deal before the season in the hopes that he would take hold of the everyday job behind the plate. If Olivo returns, he will earn more than the 27-year-old who believes that he is a starting major league catcher.
In his first season with the Rockies, Olivo has hit .271/.317/.447 with 13 homers. His option was initially worth $2.5MM but he boosted that figure to $2.7MM by reaching 100 and 110 appearances this year.
