Rockies exercise $2.5 million option on Miguel Olivo for 2011

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Miguel Olivo followed up a big first half by hitting .193 after the All-Star break, but finished with a solid .269/.315/.449 line in 112 games overall and will be back in Colorado next season after the Rockies’ exercised their $2.5 million team option for 2011.
Olivo either figures to split time behind the plate with Chris Iannetta again or take on the bulk of the starts if the Rockies end up taking Iannetta out of the doghouse long enough to trade him, but either way $2.5 million is a reasonable enough salary.
Olivo does a nice job shutting down the running game and has good power for a catcher, smacking 14 homers in 394 at-bats this season and an average of 20 homers per 500 at-bats for his career, but horrendous plate discipline keeps him from actually being a major asset offensively. He struck out 117 times while drawing a grand total of just 22 non-intentional walks this year, and was even worse in the previous two seasons with K/BB ratios of 126/19 and 123/14.
UPDATE: Not so fast, my friend: Colorado’s team option on Olivo actually became a mutual option because he played more than 110 games this season, which means he still has the ability to become a free agent even after they exercise their half of the deal.

Gary Sanchez likely headed to disabled list

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Yankees catcher Gary Sanchez exited Sunday afternoon’s game against the Rays in the 10th inning due to a hip/groin issue. Manager Aaron Boone said Sanchez is likely headed to the 10-day disabled list, MLB.com’s Bryan Hoch reports.

Sanchez went 0-for-4 with a walk before departing. He appeared to suffer the injury running to first base when he grounded into a 6-4-3 double play in the 10th inning. On the season, Sanchez is batting .190/.291/.433 with 14 home runs, 41 RBI, and 36 runs scored in 265 plate appearances.

Austin Romine replaced Sanchez in the 10th inning and will handle the bulk of the catching responsibilities while Sanchez is out.