Barry Zito's $18 million option was declined by the Giants. It was a foregone conclusion, as Zito took out an ad in a San Francisco newspaper after the season thanking fans for his years with the team. The Giants will instead pay a $7 million buyout. Zito was 5-11 with a 5.74 ERA in 133 1/3 innings this season. The 35-year-old hasn't been an effective pitcher for a while, so it will be interesting to see what kind of interest he generates on the open market.