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.