Giants exercise Jeremy Affeldt’s $5 million option

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The Giants are looking at a pretty expensive 2012 bullpen after locking up two of this year’s top free agent left-handed relievers on Sunday.

Hours after agreeing to terms with Javier Lopez on a two-year, $8.5 million contract, the Giants exercised fellow southpaw Jeremy Affeldt’s $5 million option for 2012.

Affeldt would have received a $500,000 buyout had the Giants declined the option.

Here’s the salary breakdown for the Giants’ top six relievers in 2012:

Brian Wilson: $8.5 million
Affeldt: $5 million
Lopez: $4.25 million
Santiago Casilla: $2.6 million*
Ramon Ramirez: $2.8 million*
Sergio Romo: $1.5 million*

The last three are all eligible for arbitration, so those salaries are approximates. Nonetheless, the Giants are looking at spending about $25 million on their top six relievers next year.

Affeldt, 32, bounced back from a disappointing 2010 to finish with a 2.63 ERA and a 1.15 WHIP in 61 2/3 innings last season. However, he missed the last three weeks with a cut on his right hand suffered in an accident involving a knife and a box of frozen hamburgers.

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.