Rockies exercise $2.5 million option on Miguel Olivo for 2011

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Miguel Olivo followed up a big first half by hitting .193 after the All-Star break, but finished with a solid .269/.315/.449 line in 112 games overall and will be back in Colorado next season after the Rockies’ exercised their $2.5 million team option for 2011.
Olivo either figures to split time behind the plate with Chris Iannetta again or take on the bulk of the starts if the Rockies end up taking Iannetta out of the doghouse long enough to trade him, but either way $2.5 million is a reasonable enough salary.
Olivo does a nice job shutting down the running game and has good power for a catcher, smacking 14 homers in 394 at-bats this season and an average of 20 homers per 500 at-bats for his career, but horrendous plate discipline keeps him from actually being a major asset offensively. He struck out 117 times while drawing a grand total of just 22 non-intentional walks this year, and was even worse in the previous two seasons with K/BB ratios of 126/19 and 123/14.
UPDATE: Not so fast, my friend: Colorado’s team option on Olivo actually became a mutual option because he played more than 110 games this season, which means he still has the ability to become a free agent even after they exercise their half of the deal.

Report: Athletics to acquire Stephen Piscotty from the Cardinals

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Jon Heyman of FanRag Sports reports that the Athletics and Cardinals have agreed on a trade involving outfielder Stephen Piscotty. The Cardinals will receive two as yet unknown minor leaguers in return.

Piscotty, 26, hit .235/.342/.367 with nine home runs and 39 RBI in 401 plate appearances for the Cardinals this past season. He dealt with injuries and with his mother’s ALS diagnosis, so it was a rough year, but very excusably so. The Cardinals had signed him to a six-year, $33.5 million contract extension in March. He’s under contract through 2022 at a total of $29.5 million and has a club option for 2023 worth $15 million with a $1 million buyout.

The Cardinals had an outfield spot open up after agreeing to acquire Marcell Ozuna from the Marlins on Wednesday so the Piscotty trade doesn’t come as a surprise.