Originally written on The Biz of Baseball  |  Last updated 10/18/14
Oct 31, 3:15pm ET: With the Hot Stove already in full swing, clubs and players are engaged in exercising contract options. Here’s an update The New York Mets have exercised their club option on R.A. Dickey for 2013 at $5 million. The club continues to work on potential multi-year extensions for both Dickey and David Wright. The Baltimore Orioles have exercised their club option on Luis Ayala for 2013 for $1 million The Kansas City Royals have declined their club option on Joakim Soria, who now becomes a free agent. Soria had a $750,000 buyout clause as part of his deal on the option year. Rafael Soriano has opted out of his final year with the New York Yankees and is now a free agent. The Cleveland Indians exercised their club option on Ubaldo Jimenez for 2013 for $5.75 million The Cleveland Indians have declined the club option for Travis Hafner who is now a free agent. The Cleveland Indians have declined the club option for Roberto Hernandez who is now a free agent. CH...
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