Yankees exercise 2012 club options on Cano, Swisher

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From beat writer Marc Carig of the Newark Star-Ledger comes word that the Yankees have exercised 2012 club options on second baseman Robinson Cano and right fielder Nick Swisher.

Cano’s option is worth $14 million, a bargain rate for a player of his caliber. The 29-year-old All-Star batted .302 with an .882 OPS, 28 home runs and 118 RBI in 681 plate appearances this season for the American League East champions. He’ll also be a bargain next year — if healthy — on a $15 million club option.

The decision on Swisher may have been a little tougher, but still a no-brainer for a team with the Yanks’ revenue. He’ll make $10.25 million next season after batting .260/.374/.449 with 23 homers in 2011.

Look for more option decisions on Sunday and Monday, leading up to the October 31 midnight deadline.

Angels acquire Jabari Blash from the Yankees

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The Yankees announced on Wednesday that the club traded outfielder Jabari Blash to the Angels in exchange for a player to be named later or cash considerations.

Blash, 28, was acquired by the Yankees from the Padres back in December in the Chase Headley trade. In trading Blash to the Angels, the Yankees were able to free up a spot on the 40-man roster for Brandon Drury, the infielder they acquired as part of a three-team trade with the Diamondbacks and Rays on Tuesday.

Over parts of two seasons in the majors, Blash has hit an underwhelming .200/.323/.336 in 279 plate appearances. He will try to play his way into a bench role for the Angels this spring.