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In what wasn't much of a surprise, Los Angeles Dodgers left-fielder Manny Ramirez has decided to exercise his player option for 2010 and will return to the Dodgers next season. His agent Scott Boras let Dodgers general manager Ned Colletti know about Ramirez's decision on Friday night.

All of which means that Ramirez will make $20 million with the Dodgers rather than becoming a free agent, which is a smart move considering it's highly unlikely Manny would get that much money anywhere else next year. Manny didn't have the greatest season for the Dodgers in 2009, but Colletti is confident he'll bounce back next season.

The champagne is barely dry in the Yankees clubhouse, but the business of 2010 is already well under way. Three trades are in the books, a number of players have already filed for free agency and Bobby Abreu has a new deal with the Angels.

In that vein, three clubs made decisions on contract options Friday as they held on to star players for next year. The Phillies and Diamondbacks both picked up the options they held on ace pitchers Cliff Lee and Brandon Webb, respectively, while the White Sox bought out right fielder Jermaine Dye.

Chicago's World Series MVP in 2005, Dye, who will turn 36 in January, was due to make $12 million in 2010. He'll instead receive $950,000 from the White Sox and hit the open market.

The rumors started early on Thursday morning that the Kansas City Royals had agreed to trade Mark Teahen to the Chicago White Sox for Chris Getz and Josh Fields. Neither team would confirm the deal throughout the day, but 24 hours later it has become official.

Teahen and cash will be heading to Chicago for Getz and Fields. While it can't be known for sure, odds are the amount of cash the White Sox will receive from the Royals for the arbitration eligible Teahen is what kept the trade from being completed for 24 hours.

It was no secret J.J. Hardy was likely going to be traded this offseason, but most believed the Brewers would use him to acquire some desperately needed starting pitching help. Instead, they have opted to move him to Minnesota for a young center fielder -- Carlos Gomez.

Hardy, 27, fell out of favor with the Brewers this past season as he failed to meet his previously set offensive standards. He ended the season with an abysmal .659 OPS and the Brewers have uber-prospect Alcides Escobar waiting in the wings (he hit .304 in 38 big-league games last season). Thus, it made sense to move Hardy, who did hit 50 home runs in his previous two campaigns, for help elsewhere.

With the conclusion of the World Series, it appears Major League Baseball isn't wasting any time thrusting us directly into Hot Stove season. In the midst of Mark Teahen rumors, we have been served our first actual trade. The Boston Red Sox have acquired 25-year-old outfielder Jeremy Hermida from the Florida Marlins for pitchers Jose Alvarez and Hunter Jones.

Thus far in his career, Hermida has failed to live up to the lofty expectations that come for someone with his natural abilities. A former first-rounder once said to have five-tool potential, Hermida has hit .265 with a barely above average OPS through just over 3 1/2 seasons in the bigs. Of course, some circumstances should be considered.

After a few efforts over the second half of the season, the Angels were able to re-sign outfielder Bobby Abreu on Thursday, locking up the first of many potential free agents on thier roster.

According to a major league source, Abreu will get $9 million in 2010 and 2011. There is a $1 million buyout on a $9 million option for 2012, but Abreu can guarantee the third year with a certain number of plate appearances.

"We are excited to have Bobby and the presence he brings to our organization," said general manager Tony Reagins in a prepared statement. "He was an integral part of what we accomplished in 2009 and we look forward to his contributions both on and off the field."

You probably want to be spared the cheesy "home is where the heart is" stuff, but to Tim Hudson that sentiment apparently carries a lot of weight. Hudson, who grew up about 100 miles away from Atlanta in Phenix City, Ala. has once again given the Atlanta Braves a hometown discount. It all comes down to two parties wanting to continue a mutually beneficial relationship.

"I wanted to be back and they (Braves) wanted me back", Hudson told local sports-talk radio station 680 the Fan this morning. "Sometimes you have to tell your agent that I'm happy here and you work for me."

Third baseman Melvin Mora's tenure in Baltimore is likely over after the Orioles declined his 2010 option Thursday. The option was valued at $8 million, according to the Baltimore Sun, making it a foregone conclusion that it wouldn't be picked up after Mora's rough 2009.

The 37-year-old, 11-year major league veteran hit .260 in 125 games this year, but, more troubling, slugged .358, the lowest mark of his career and 125 points below his 2008 mark. He also clashed with manager Dave Trembley in August when his playing time was cut.

The Houston Astros are poised to announce the hiring of Red Sox bench coach Brad Mills as their new manager Tuesday, according to multiple reports, first from MLB.com, a move that comes two days after the club lost out on Manny Acta to the Indians.

Mills, who came to Boston with manager Terry Francona before the 2004 season and won two World Series with the team, also managed in the minors for 11 seasons and played four seasons with the Montreal Expos from 1980-83.

The Mills hiring continues a mini-exodus from Boston. This past week former Red Sox assistant general manager Jed Hoyer was hired away by the Padres to be that club's general manager, a sign of how well-respected Boston's management team has become in baseball circles.

It only took 2 1/2 years, but it was announced on Tuesday that the sale of one of baseball's most storied franchises, the Chicago Cubs, was completed. Tom Ricketts' bid to buy the team was first approved earlier this year, and now the team belongs to the son of TD Ameritrade founder Joe Ricketts.

Along with the team, Ricketts and his family also assume ownership of Wrigley Field and a 25 percent share of Comcast SportsNet in Chicago, which broadcasts Cubs games, along with old Tribune Company standby WGN. Once it's all said and done, the Tribune Company should pull in about $740 million from the deal, a record surpassing the $660 million John Henry, Tom Werner and Larry Lucchino paid for the Red Sox in 2002.