The Reds picked up Jonny Gomes' 2011 option and declined the options for Orlando Cabrera and Aaron Harang, according to MLB.com's Mark Sheldon. Gomes' option is for $1.75MM, Cabrera's buyout is for $1MM (instead of a $4MM salary) and Harang's buyout is for $2MM ($12.75MM salary). As expected, the Reds exercised their 2011 for Bronson Arroyo earlier today.
Harang is an unranked free agent, but Cabrera is a Type B, so the Reds could technically obtain a draft pick if he turns down arbitration to sign elsewhere. It seems unlikely that the Reds would offer arbitration, since they turned down Cabrera's option.