7:49 pm: Dan O'Dowd tells MLB.com's Thomas Harding that a decision hasn't yet been made about Olivo's option. "We're allowed to take our time and make a decision tomorrow," O'Dowd said. The Denver Post's Troy Renck tweets Olivo won't be a Rockie in 2011 either way since the option will either be declined or the option will be picked up and then Olivo will be traded. Renck also tweets that the Rockies may be going right down to the deadline for their decision as part of their efforts to explore all possible trade partners for Olivo.
5:38 pm: The Rockies will not pick up their end of catcher Miguel Olivo's mutual option for 2011, reports Tracy Ringolsby of FOXSports.com (Twitter link). Olivo's option was worth $2.7MM (up $200K from $2.5MM due to reaching a games-played incentive) but instead Colorado will pay him a $500K buyout.
With Chris Iannetta in the fold and under contract through 2012, Olivo was expendable to the Rockies even though Olivo had a better season last year and usurped much of the playing time behind the plate. Olivo is likely to seek out a starting job elsewhere, meaning he could be worth a supplementary draft pick to Colorado as a Type B free agent. Olivo hit .269/.315/.449 in 427 plate appearances in 2010.
42214221
2.5 million with the padres
fishfan4life
He could have fit as a ‘home’ catcher since he couldn’t do sh*t on the road.
Dave_Gershman
Players aren’t perfect, but that doesn’t mean he wouldn’t succeed elsewhere. I’d like to see him sign with the Orioles or Padres.
went9
So is this a sure sign that the Rockies are going after Victor Martinez or is Iannetta their man?
friscofan101
he could be a sweet back up to buster posey. but im getting greedy.
jwsox
whitesox? if he is still a free agent for a while he could be a viable option if flowers is not ready yet.
Dave_Gershman
They’d have to sign a starting catcher first. Plus, Ramon Castro is already the back up catcher.
FamiliaTerritory
If his option is declined, I’d like to see Olivo sign with the Mets for one year. I like how he’s been able to work with guys like Greinke & Jimenez the last two years and turn them into great, Cy Young award-winning hurlers. Maybe he could help some of the young Met starters (Pelf, Niese, Gee).
Steve_in_MA
I could see him as a platoon together with Salty for the BoSox. Much cheaper than V-Mart, and while his offense is not as good as Victor’s, his D is miles better. He can actually throw out a good percentage of guys who try and steal.
BobbyJohn
I don’t understand this either. They already have to pay him a $500K buyout, so the decision is really about $2.2 million. I would pick up the option and then pursue V-Mart. If they get Victor then they can trade Olivo or Iannetta, and if they don’t get him then they could use both of those guys anyway.