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Royals exercise Joakim Soria's option

Updated: October 31, 2011, 6:10 PM ET
Associated Press

KANSAS CITY, Mo. -- Joakim Soria will keep closing games for the Kansas City Royals into next season.

The team announced Monday that it had exercised its option on the two-time All-Star, which is valued at $6 million for 2012. The Royals also hold options for 2013 of $8 million and 2014 for $8.75 million, with $750,000 buyouts each year.

"This decision was more of a formality," Royals general manager Dayton Moore said. "Joakim has been an exceptional closer for the last five years. ...

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