As expected, Ryan Dempster exercised his player option for 2012 and will stay with the Chicago Cubs. Dempster will be paid $14 million in the final year of the four-year contract he signed following the 2008 season. Dempster will also be paid $1 million in February 2012 as the second installment of the $3 million he deferred of his 2010 season in order to free up payroll (three equal payments of $1 million paid in February 2011, 2012 and 2013).
On the same day the Cubs had to write Carlos Silva a $2 million check (buyout on option for 2012), Jed Hoyer was able to pencil in the second or third starter in his rotation for next season.
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