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ST. PETERSBURG, Fla. (AP) #8212;The Tampa Bay Rays have exercised their $7.5million contract option for 2012 on pitcher James Shields(notes).The club also picked up a $3.3 million option for next season for relieverKyle Farnsworth(notes) and declined a $3.2 million option on catcher Kelly Shoppach(notes) onMonday. Shields went 16-12 with a 2.82 ERA and 225 strikeouts in 2011, leading themajors bcs football standings with 11 complete games, including four shutouts to help the Rays make theplayoffs for the third time in four seasons. Farnsworth had a career-best 25saves in his first season as a full-time closer.Shoppach started 71 games and batted .176 with 11 homers and 22 RBIs. Follow Yahoo! Sports' MLB coverage on Twitter. Updated 2 hours, 42 minutes ago bcs football standings
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