11/4 Ramirez exercises option
As expected, Aramis Ramirez exercised his option for 2011 and the Cubs don’t have to worry about finding a third baseman. The Cubs also announced Thursday that pitcher Angel Guzman was outrighted off the 40-man roster. He cleared waivers and became a free agent. However, Guzman and the Cubs have agreed to a Minor League contract for 2011 with an invitation to Major League Spring Training. The Cubs’ 40-man roster is now at 37.
Ramirez will be paid $14.6 million next year, boosting the total the Cubs are already committed to in player salaries for 2011 to $103 million.
Guzman is coming off surgery in March to repair a significant tear in a ligament in his right shoulder. He started playing catch three times a week in mid October.
– Carrie Muskat