Rays will exercise $10.25 million option on James Shields

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In one of the biggest no-brainer calls of the offseason, Marc Topkin of the Tampa Bay Times reports that the Rays have informed right-hander James Shields that they’ll exercise his $10.25 million option for 2013.

Shields is a tremendous bargain at that price after bouncing back from a rough 2010 season to throw 477 innings with a 3.15 ERA and 448/123 K/BB ratio during the past two years.

He’s cracked 200 innings in six straight seasons, struck out a career-high 8.8 batters per nine innings this year, and because they were smart enough to lock him up to a long-term extension early the Rays also hold an option on Shields for 2014.

The only question now is whether a team that’s always heavy on young pitching and always light on payroll room will shop Shields around this winter.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.