Aramis Ramirez will be back with the Brewers for $14 million

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Last week the Brewers exercised their half of Aramis Ramirez’s mutual option for 2015 and today the third baseman did the same, so he’ll stay in Milwaukee for $14 million next season.

It makes sense for both sides. That’s a hefty price tag and Ramirez’s production dipped this season, but he still hit .285 with 15 homers and a .757 OPS in 133 games and the one-year commitment limits the Brewers’ risk. Plus, the cost to buy him out was $4 million.

From his point of view, it would have been tough to secure a big multi-year contract on the open market as a 36-year-old free agent and getting more than $14 million on a one-year deal was hardly a sure bet.

In three seasons for the Brewers he’s hit a combined .291 with an .834 OPS and Ramirez has totaled 2,186 hits–including 369 homers–in 17 seasons as a big leaguer for Milwaukee, Pittsburgh, and Chicago.