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As the offseason gets underway, the first order of business for most teams is decide on player options before free agency opens. As option decisions come in throughout the next few days, we'll keep track of them here:
| Decision | Team | Player | Option Value | Option Type | Buyout | |
| EXERCISED | ARZ | Brad Ziegler | $5.5M | Team | $1M | |
| EXERCISED | ARZ | Josh Collmenter | $1.825M | Team | ||
| EXERCISED | BOS | Clay Buchholz | $13M | Team | $245K | |
| DECLINED | CWS | Alexei Ramirez | $10M | Team | $1M | |
| DECLINED | CIN | Skip Schumaker | $2.5M | Team | $250K | |
| DECLINED | CIN | Burke Badenhop | $4M | Mutual | $1.5M | |
| DECLINED | CLE | Ryan Raburn | $3M | Team | $100K | |
| DECLINED | COL | Justin Morneau | $9M | Mutual | $750K | |
| DECLINED | DET | Joe Nathan | $10M | Team | $1M | |
| DECLINED | HOU | Chad Qualls | $3.25M | Team | $250K | |
| EXERCISED | KC | Alcides Escobar | $5.25M | Team | $500K | |
| DECLINED | KC | Jonny Gomes | $3M | Team | ||
| DECLINED | KC | Alex Gordon | $12.5M | Player | ||
| DECLINED | KC | Jeremy Guthrie | $10M | Mutual | $3.2M | |
| DECLINED | KC | Alex Rios | $12.5 | Mutual | $1.5M | |
| EXERCISED | KC | Wade Davis | $8M | Team | ||
| DECLINED | LAA | David DeJesus | $5M | Team | $1M | |
| DECLINED | LAA | David Murphy | $7M | Team | $500K | |
| DECLINED | LAD | Bronson Arroyo | $11M | Team | $4.5M | |
| DECLINED | LAD | Zack Greinke | 3 yr/$71M | Player | ||
| EXERCISED | LAD | J.P. Howell | $6.25M | Player | ||
| DECLINED | LAD | Joel Peralta | $2.5M | Team | ||
| DECLINED | LAD | Chase Utley | $15M | Team | ||
| EXERCISED | MIL | Adam Lind | $8M | Team | $500K | |
| DECLINED | NYY | Andrew Bailey | $2M | Team | ||
| EXERCISED | NYY | Brendan Ryan | $1M | Player | ||
| DECLINED | PHI | Cliff Lee | $27.5M | Team | $12.5M | |
| DECLINED | PIT | Radhames Liz | Team | |||
| DECLINED | SD | Clint Barmes | $2M | Team | $200K | |
| EXERCISED | SD | Joaquin Benoit | $7.5M | Team | $1M | |
| DECLINED | SD | Cory Luebke | $7.5M | Team | $1.75M | |
| DECLINED | SF | Norichika Aoki | $5.5M | Team | $700K | |
| DECLINED | SF | Marlon Byrd | $8M | Team | ||
| EXERCISED | STL | Jaime Garcia | $11M | Team | $500K | |
| DECLINED | STL | Jonathan Broxton | $9M | Team | $1M | |
| EXERCISED | TOR | Jose Bautista | $14M | Team | $1M | |
| EXERCISED | TOR | R.A. Dickey | $12M | Team | $1M | |
| EXERCISED | TOR | Edwin Encarnacion | $10M | Team | $2M | |
| DECLINED | TOR | Maicer Izturis | $3M | Team | $1M | |
| DECLINED | WSH | Casey Janssen | $7M | Mutual | $1.5M | |
| DECLINED | WSH | Nate McLouth | $6.5M | Team | $750K |