Option decisions soon

Another new rule change for this off-season is that player or club options must be resolved within three days of the World Series ending. That means Thursday.

For the Reds, that affects these four players:

SS Orlando Cabrera ($4 million mutal option, $1 million buyout if club declines, $500K if he declines)
OF Jonny Gomes ($1.75 million club option)
RHP Aaron Harang ($12.75 million club option, $2 million buyout)
RHP Bronson Arroyo ($11 million, but could be $13 million based on No. of innings pitched — I don’t have that number handy)

There could be an announcement as early as Wednesday.

“I think we’ve got a pretty good idea but I want to go through it one more time,” general manager Walt Jocketty said from Arizona on Tuesday. He was also planning to watch some Fall League games this week.

Jocketty said during the playoffs the Reds already planned on picking up Arroyo’s option, and might even try to extend his deal. The club was leaning towards retaining Gomes. As for Cabrera, Jocketty previously revealed he wasn’t inclined to bring him back for $4 million but had interest at a cheaper price.

I personally envision no possiblity of the Reds picking up Harang’s option, especially at that price.

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