Rays pick up options on James Shields, Kyle Farnsworth

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The Rays reached decisions on their three option calls Monday afternoon, exercising the $7.5 million option on James Shields’ contract and the $3.3 million option on Kyle Farnsworth’s deal.

Declined was Kelly Shoppach’s $3.2 million option. He’ll get a $300,000 buyout.

Shields’ option was a no-brainer. The Rays also hold options on his services for 2013 ($9 million) and 2014 ($12 million). Shields went 16-12 with a 2.82 ERA last season. He led the majors with 11 complete games and he was second in the AL in innings (249 1/3) and third in ERA.

Farnsworth’s option was also a pretty easy call after he finished with a 2.18 ERA and a 0.99 WHIP in 57 2/3 innings as the team’s closer. It’s doubtful that he’ll be so good again, but for $3.3 million, it’s well worth bringing him back. Plus, the Rays would have had to pay him $650,000 anyway had they declined the option.

Shoppach gets let go despite a late surge that saw him hit four homers in 29 at-bats during September and two more against the Rangers in the ALDS. Shoppach, though, was pretty brutal overall during his two years in Tampa Bay, hitting .185 in 379 at-bats. That did come with 16 homers, but even so, he drove in just 39 runs.

A solid defensive catcher, Shoppach shouldn’t have much difficulty finding work, but he’s probably looking at a paycut to the $1.5 million-$2 million range. The Rays figure to seek a catcher upgrade this winter, though they could re-sign Shoppach if nothing else comes to fruition.

Reds ink Oliver Perez to a minor-league deal

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The Reds have signed free agent reliever Oliver Perez to a minor-league contract, the team announced Saturday. The deal comes with a major-league invite and could be worth $1.25 million if Perez secures a roster spot this spring, with an additional $500,000 in potential performance bonuses.

Perez, 36, is coming off of a two-year run with the Nationals. He produced a 4.64 ERA, 3.3 BB/9 an d10.6 SO/9 through 50 relief appearances and 33 innings with the club in 2017. The veteran lefty hasn’t kept an ERA under 4.00 in at least four seasons, but he continues to be undeniably solid against left-handed batters, holding them to a .227/.301/.364 batting line over 18 1/3 innings last year.

While returning southpaw Wandy Peralta appears to have locked down a bullpen spot already, Perez will still compete for another role against fellow left-handers Cody Reed and Amir Garrett, both of whom also have experience in the rotation. If Perez doesn’t break camp with the team, MLB.com’s Mark Sheldon notes, he’ll be permitted to opt out of his contract. The Reds are currently looking to bounce back from a dismal performance in 2017, one in which their bullpen ranked 28th among major league teams with a collective 5.63 ERA and -1.2 fWAR.