The Blue Jays exercised Jose Molina's 2011 option, according to MLB.com's Jordan Bastian. The club chose to retain the 35-year-old instead of buying him out for $200K.
Molina hit .246/.304/.377 last year with six homers after signing with the Jays in February. Alex Anthopoulos' low-risk investments in Molina and John Buck paid off this season, but the GM now has a decision to make. J.P. Arencibia appears ready to catch in the big leagues and Buck has expressed interest in returning. It seems unlikely that both Arencibia and Buck will have spots on the team's opening day roster, but Anthopoulos called Buck to tell him the club still has interest in working out a deal (Twitter link).