"As expected, the Rays picked up the options on James Shields and Kyle Farnsworth and declined the option on Kelly Shoppach, paying the catcher a $300,000 buyout.

"I'm glad the waiting is over," Shields said. "I had a feeling they were going to pick it up, but it's good to know."

Shields, whose career-season included a career-high 16 wins, a major league-leading 11 complete games and four shutouts, tied for the most in the AL, will make $7.5 million in 2012."