Aramis Ramirez Voids Option

The Cubs exercised their $16MM option on Aramis Ramirez, but the slugging third baseman exercised a contractual right to void the option and forfeit his $2MM buyout, according to Gordon Wittenmyer of the Chicago Sun-Times (on Twitter).

Ramirez, a projected Type B free agent, will explore the free agent market following a season in which he belted 26 homers and posted a .306/.361/.510 triple slash line. With the exception of 2009, Ramirez has hit 25 or more home runs every year since 2003. Given the thin market for free agent third basemen, Ramirez should have no problem securing a multiyear deal that will guarantee him more than the $16MM he'd have earned in 2012.

Earlier in October, Ramirez made it clear he would need a multiyear commitment to return to the Cubs, so it's not surprising to see him decline the opportunity to return on a one-year deal. Exercising the option was the first transaction for Theo Epstein as president of the Cubs, and Jed Hoyer's first as the team's GM. Assuming the Cubs later offer Ramirez arbitration and he turns it down, they'll get a supplemental draft pick if he signs elsewhere.

MLBTR Originals: 10/23/11 – 10/29/11

Lots of original content from the MLBTR team this week as the offseason approaches. Here's a quick rundown:

Yankees Made New Offer To Sabathia

The Yankees officially submitted a new contract offer to C.C. Sabathia over the weekend, according to Wallace Matthews of ESPNNewYork.com. The terms of the offer were not disclosed, but Matthews writes that Yankees insiders still expect Sabathia to test the free agent market despite the proposal. Sabathia has yet to respond to the offer, says Matthews' source:

"We believe it is a very fair offer,'' the executive said. "But we haven't heard anything back yet.''

That report lines up with a tweet from SI.com's Jon Heyman earlier today, who said that Sabathia is planning on opting out of his contract prior to Monday night. It's been well publicized that Sabathia is likely to opt out of the remaining four years of his contract in search of a bigger, potentially record-setting deal. As Ben Nicholson-Smith pointed out in examining the Yankees' offseason, their success hinges on the ability to construct a strong rotation, and Sabathia is the key to that process.

To track Sabathia's progress, or that of any other free agent, check out MLBTR's Free Agent Tracker.

NL West Notes: Harang, Bloomquist, Blanco, Dodgers

Earlier today the Giants agreed to a new two-year deal with Javier Lopez and exercised Jeremy Affeldt's 2012 option. Here's some links from around the rest of the division:

Cardinals To Pick Up Yadier Molina’s Option

MLB.com's Matthew Leach reports that Cardinals GM John Mozeliak said he expects to exercise Yadier Molina's $7MM club option tomorrow. B.J. Rains of FOXSportsMidwest.com echoed the statement and took it one step further, stating that Mozeliak has confirmed the option will be picked up (Twitter link).

There was never any doubt as to whether or not Molina would be back in 2012. The 28-year-old Puerto Rico native is well-renowned for his prowess behind the plate, but he also turned in the finest offensive season of his career in 2011. Molina battted .305/.349/.465 and swatted a career-high 14 homers in 518 plate appearances for the World Champion Cardinals.

Molina signed a four-year, $15.5MM deal in lieu of arbitration back in January of 2008. This option year pushes the total value of his contract to $21.75MM over five years.

Brewers To Decline Options On Rodriguez, Betancourt

A Brewers spokesperson confirmed that the club has declined the $17.5MM option on Francisco Rodriguez and the $6MM option on Yuniesky Betancourt, tweets MLB.com's Adam McCalvy. The pair will receive buyouts of $3.5MM and $2MM, respectively.

The Brewers acquired Rodriguez from the Mets in a July deal that saw Adrian Rosario and Danny Ray Herrera shipped off the New York as players to be named later. He excelled in 29 innings for the Brew Crew, posting a 1.86 ERA and a 10.2 K/9. It was reported at the time of the trade that the Mets would be responsible for the $3.5MM buyout on Rodriguez's deal.

Betancourt, 29, came to the Brewers along with Zack Greinke in last year's deal with the Royals. He acted as the starting shortstop for the NL Central champs all season, hitting .252/.271/.381 in 584 regular season plate appearances before heating up in the playoffs (.310/.326/.500).

While there should be some interest in Betancourt as a part-time player, it seems unlikely that he'll land another full-time job this winter. It's even less likely that he'll match the guaranteed money he earned when he signed his last contract, a four-year, $13.75MM deal. Tom Haudricourt of the Milwaukee Journal-Sentinel tweets that the Brewers would consider bringing him back at a lower price.

To follow the status K-Rod and Betancourt, along with the rest of the 2012 free agents, check out our Free Agent Tracker.

MLBTR's Luke Adams contributed to this post.

Red Sox Pick Up Scutaro’s 2012 Option

The Red Sox have exercised their $6MM option on Marco Scutaro for the 2012 season, tweets Michael Silverman of the Boston Herald. The team has confirmed the move in a press release.

Scutaro, who turns 35 today, enjoyed arguably the best offensive season of his career in 2011. In 113 games, he batted .299/.358/.423 while playing slightly above average defense at shortstop (according to UZR). Scutaro's offensive production and solid glove make a $6MM salary for 2012 a bargain.

While the move was expected, this news confirms that the market for shortstops will be even thinner beyond the two premier names atop the list: Jose Reyes and Jimmy Rollins. Players such as Clint Barmes, Jamey Carroll, and Alex Gonzalez (to name a few) figure to benefit from Scutaro's absence on the open market. This move represents the first official transaction for new Red Sox general manager Ben Cherington.

Giants Exercise Affeldt’s 2012 Option

The Giants have exercised Jeremy Affeldt's $5MM club option for 2012, according to Henry Schulman of the San Francisco Chronicle (Twitter link).

As Schulman notes, that's $9.25MM on a pair of left-handed relievers for the 2012 season given today's two-year extension for Javier Lopez. However, Schulman tweeted earlier today that he spoke with Affeldt via text message prior to the Lopez news, and Affeldt told him that he's spoken with the club about the possibility of the team exercising the option and then working out a new contract.

Affeldt put up a very strong season in 2011, posting a 2.63 ERA, 7.9 K/9, and 3.5 BB/9 in 61 2/3 innings for the Giants. Perhaps most impressively, he kept the ball on the ground 62.1% of the time — a mark that ranked seventh among all relievers in 2011 (Lopez ranked sixth at 62.6%).

Quick Hits: White Sox, Indians, Sabathia, Sizemore

A grab-bag of links on the first Sunday of what should be a fun offseason….

  • Don't expect the White Sox to pick up any big-ticket players on the free agent market, writes MLB.com's Scott Merkin.  The club is unlikely to bring Juan Pierre back in 2012 and if they look to replace him with a traditional leadoff type, Merkin expects the team to do so via trade.
  • It would be a surprise if the Indians re-signed Chad Durbin as the club has several promising young relievers who could take his spot, writes Paul Hoynes of The Plain Dealer.
  • The Yankees will make a contract offer to C.C. Sabathia this weekend, tweets SI.com's Jon Heyman. However, most people expect the lefty to opt out of his current deal and "look around."
  • Newsday's Ken Davidoff predicts destinations and contract details for his top 30 free agents, in slideshow form.
  • The Rangers, Nationals, and Brewers top Buster Olney's list of potential landing spots for Grady Sizemore (ESPN insider link).
  • Hisashi Iwakuma confirmed that he will attempt to sign with an MLB team again this winter, according to NPB Tracker's Patrick Newman (via Sponichi). Iwakuma was unable to work out a deal with the Athletics last offseason.
  • New Angels GM Jerry Dipoto will have complete decision-making power, says Angels owner Arte Moreno. Mike DiGiovanna of the Los Angeles Times has details and quotes.
  • The Padres will hire Phil Plantier as their new hitting coach, tweets FOX's Ken Rosenthal.

Giants To Re-Sign Javier Lopez

The Giants and Javier Lopez have agreed to a two-year, $8.5MM contract, a person with knowledge of the negotiations told The Associated Press.  The money will be divided evenly in each year as the left-handed reliever will earn $4.25MM in 2012 and '13.

Lopez had a base salary of $2.375MM in 2011 and was two innings short of earning a $25K bonus for reaching 55 innings.  In 53 innings of work this year, Lopez registered a 2.72 ERA with 6.8 K/9 and 4.4 BB/9.  The 34-year-old was expected to receive plenty of interest on the open market from teams in search of a quality matchup lefty.

The Giants now have to decide on the $5MM option for fellow lefty reliever Jeremy Affeldt.  Sabean expects to retain Affeldt even if the club declines his option and renegotiates a new contract.  The Giants have until the end of the day Monday to either exercise the option or pay a $500K buyout.