Option calls due in by midnight Monday

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Teams and players will have to announce by midnight on Monday night whether they’re exercising or declining their 2012 options. The Cubs’ Ryan Dempster struck first Saturday, exercising his $14 million player option to stay in Chicago. Here are some of the other calls still to be made:

Grady Sizemore (Cle) – The Indians hold a $9 million option on Sizemore that ranks as one of the toughest calls of the offseason. Dealing with injuries for the third straight season, Sizemore hit .224/.285/.422 with 10 homers in 268 at-bats. Still, he’s just 29 and he was one of the AL’s best players four years running from 2005-08. For $9 million, the Indians should take the chance that he bounces back. (Update: MLB.com’s Jordan Bastian is reporting that the Indians will decline the option and pay a $500,000 buyout.)

Aramis Ramirez (ChC) – Even though Ramirez overcame a rough start to hit .306/.361/.510 with 26 homers, it’s long been assumed that the Cubs would decline their $16 million option on his services. That doesn’t seem likely to change with Theo Epstein in town.

Brandon Phillips, Francisco Cordero (Cin) – The Reds have been trying to work out new deals with both in lieu of picking up options worth $12 million. Phillips’ option is sure to be exercised if nothing can be worked out. Cordero seems likely to get a two-year deal worth significantly less than $12 million per season.

Marco Scutaro (Bos) – Scutaro’s contract includes a rare double option that allows Scutaro to return at a lesser price if the Red Sox decline to pick up their half of the option. However, all indications are that the Red Sox will pick up their half and bring their shortstop back at $6 million for 2012.

Nick Swisher (NYY) – The Yankees have weighed a bid for Carlos Beltran, but their plan is to exercise Swisher’s $10.25 million option. Even if they decide later that they’d rather have Beltran, Swisher should be tradeable at that price.

Yadier Molina (StL), Robinson Cano (NYY) – It’s long been obvious that these two are getting exercised. Molina will make $7 million in 2012, while Cano will get a hefty raise to $14 million.

Report: Momentum in talks between Mariners, Jon Jay

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MLB.com’s Mark Feinsand reports that there is some momentum in talks between the Mariners and free agent outfielder Jon Jay.

Jay, 32, hit .296/.374/.375 in 433 plate appearances with the Cubs last season, which is adequate. He’s heralded more for his defense and his ability to play all three outfield spots.

The Mariners are losing center fielder Jarrod Dyson to free agency and likely don’t want to rely on Guillermo Heredia next season, hence the interest in Jay. The free agent class for center fielders is otherwise relatively weak.