As expected, the Rockies and backup first baseman Jason Giambi have exercised their sides of a $1MM mutual option for 2012, according to Troy Renck of the Denver Post (via Twitter).
Giambi, 41 in January, has spent two-plus seasons in Colorado as a pinch-hitter and Todd Helton's backup. The former Athletic and Yankee slugged 13 homers and drew 35 walks in only 152 plate appearances in 2011, so he still has some pop and a good eye at the plate.
The Giambino, a former second-round pick (1992), will return for an 18th Major League season. He boasts an impressive .281/.404/.525 for his career.
35 walks in 2010 only 17 this year.
222 PA in 2010
152 PA in 2011
That has something to do with it.
E-GM to start the off-season.