The decision on Cedeno was the Pirates' one unknown. Though a case could be made that the value of Cedeno's ability to play shortstop exceeded the $2.8MM net price of his option, the Pirates will aim higher than his .249/.297/.339 batting line.
For Maholm, the Pirates chose a $750K buyout over his $9.75MM club option. The lefty told Rob Biertempfel of the Pittsburgh Tribune-Review, "The day I was put on the DL, I realized my time in Pittsburgh was done." Prior to that season-ending stint for a shoulder injury, the 29-year-old posted a 3.66 ERA, 5.4 K/9, 2.8 BB/9, 0.61 HR/9, and 49.9% groundball rate in 162 1/3 innings. As one of the ten best starters on the free agent market this winter, he's in line for a multiyear deal.
The Pirates' decisions to pay Snyder a $750K buyout over a $6.75MM option and Doumit a $500K buyout over a $7.25MM option were well-known. Both players have offensive ability, and should be relatively popular on the free agent market. Doumit's defense and durability questions will likely prevent a team from offering a full-time catching job, while Snyder will have to compete for one after missing most of 2011 with a back injury.