The Athletics exercised Mark Ellis' 2011 option, and declined their option for Eric Chavez, according to the team. The A's chose to pay Ellis $6MM next year instead of buying him out for $500K and they chose Chavez's $3MM buyout over his $12.5MM salary. Oakland picked up Coco Crisp's $5.5MM option earlier today.
Ellis, 33, batted .291/.358/.381 in 492 plate appearances in 2010. He posted an above-average UZR/150 for the seventh consecutive season and made just three errors on defense. If Ellis had turned down an offer of arbitration to sign elsewhere, the A's would have obtained a supplementary round pick as compensation for losing a Type B free agent.
Chavez, a former fixture with Oakland, has had five stints on the DL over the last four years and has appeared in just 64 games since 2008. He had five surgeries between September 2007 and June 2009.