Option roundup from around Major Leagues

Option roundup from around Major Leagues

With the conclusion of one of the most dramatic World Series in history, Major League clubs are beginning to make decisions on whether or not to pick up options on players to bring them back for 2017, or to let them hit the free-agent market.

Here is a roundup of the option news across the Major Leagues on Thursday:

• The Rangers have picked up All-Star catcher Jonathan Lucroy's $5.25 million club option for next season, the team announced on Thursday.

• The Indians will pick up Carlos Santana's $12 million team option, bringing back the designated hitter for the 2017 season, according to Heyman.

• The Giants have picked up left-hander Matt Moore's $7 million team option for 2017, the club announced.

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• The Mets will pick up right fielder Jay Bruce's $13 million club option for 2017, according to Heyman.

• The Mets are also expected to pick up third baseman/shortstop Jose Reyes' league-minimum team option for 2017, reports MLB.com's Anthony DiComo. But they are expected to decline left-hander Jonathon Niese's $10 million club option.

• The Royals are expected to pick up the 2017 options on shortstop Alcides Escobar ($6.5 million) and closer Wade Davis ($10 million), reports MLB.com's Jeffrey Flanagan.

• The White Sox announced that they have declined right-hander Matt Albers' $3 million club option for 2017 and exercised a $250,000 buyout, making Albers a free agent.

• The Cardinals plan to exercise veteran right-hander Jaime Garcia's $12 million club option for 2017, according to MLB.com's Jenifer Langosch.

• The Nationals have picked up left-hander Gio Gonzalez's $12 million club option for next season, reports MLB.com's Bill Ladson. The Nats will be declining right-hander Yusmeiro Petit's 2017 club option.

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• The Phillies have officially declined the 2017 options for longtime first baseman Ryan Howard ($23 million) and right-hander Charlie Morton ($9.5 million), reports MLB.com's Todd Zolecki.

• The Red Sox officially picked up right-hander Clay Buchholz's $13.5 million option for next season, the team announced. They also exercised David Ortiz's option as a formality; Ortiz is still expected to retire this offseason. Boston declined catcher Ryan Hanigan's $3.75 million option, and will instead pay his $800,000 buyout, making him a free agent.

• The Mariners announced that they have exercised Seth Smith's $7 million club option, bringing the outfielder back for 2017. Additionally, they have declined catcher Chris Iannetta's $4.25 million club option for next season.

• The Marlins have declined Fernando Rodney's $2 million club option for 2017, according to multiple reports.

David Adler is a reporter for MLB.com based in New York. Follow him on Twitter at @_dadler. This story was not subject to the approval of Major League Baseball or its clubs.