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Aramis Ramirez exercises $14.6 million option for 2011

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For a brief moment Aramis Ramirez dropped some hints about possibly declining his $14.6 million player option for 2011, but presumably his agent (or really anyone with a functional brain) took him aside and said something like, “Uh, you just had your worst season since 2002, maybe take the money.”

Ramirez made it official today, exercising the $14.6 million option for 2011 while also forcing the Cubs to either pay him $16 million or a $2 million buyout in 2012. In other words, by exercising his option Ramirez guarantees himself another $16.6 million and also delays free agency by a year to potentially recoup some of the value he’s lost.

He’s obviously never going to get another contract like the five-year, $75 million deal the Cubs gave him in November of 2006, but if Ramirez returns to his pre-2010 levels he’s definitely capable of securing a multi-year deal for a ton of money next winter. In his first six full seasons in Chicago he hit .303/.368/.551 with an average of 35 homers and 115 RBIs per 150 games, and after a horrendous first half this year he quietly hit .276/.321/.526 with 15 homers and 51 RBIs in the second half.

Report: White Sox will offer Robin Ventura a new contract if he wants to return

CHICAGO, IL - OCTOBER 04: Manager Robin Ventura #23 of the Chicago White Sox in the dugout before the game against the Detroit Tigers at U.S. Cellular Field on October 4, 2015 in Chicago, Illinois.  (Photo by Jon Durr/Getty Images)
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Manager Robin Ventura’s contract with the White Sox expires after the season, but the club will offer him a new contract if he wants to stay in Chicago, Bob Nightengale of USA TODAY Sports reports.

Ventura’s five seasons at the helm of the White Sox haven’t gone well. The club has crossed the 80-win threshold only once, in his first season back in 2012. Entering the final five games of the season, Ventura has a 373-432 record (463) overall.

The White Sox have also had a handful of controversies under Ventura’s watch, including the fiasco concerning Adam LaRoche and his son Drake, as well as Chris Sale‘s displeasure with wearing retro uniforms. Ventura is not exactly a fan favorite, either. It’s interesting that the White Sox want to keep him around, to say the least.

The Cubs will soon announce a five-year contract extension for Theo Epstein

CHICAGO, IL - JULY 27: Theo Epstein (R), President of Operations for the Chicago Cubs, talks with head football coach Jim Harbaugh of the University of Michigan before the game between the Chicago White Sox and the Chicago Cubs at Wrigley Field on July 27, 2016 in Chicago, Illinois.  (Photo by Jon Durr/Getty Images)
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Carrie Muskat of MLB.com just tweeted that the Cubs will soon announce a five-year contract extension for president Theo Epstein. Bob Nightengale of USA Today reports that it’s worth in excess of $50 million.

He’s earned it. When he took over the Cubs in October, 2011 the Cubs were a last place team with an aging roster and a front office that was several years behind the state of the art in every conceivable way. Last year the Cubs made the playoffs and this year they are baseball’s best team by a large margin and the franchise looks poised to continue its success for some time.

So, yeah, I’d say locking Theo up is a good idea.