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Mets exercise 2010 option on Mike Pelfrey
Mike Pelfrey - S - New York Mets
Nov. 6, 2009 - 4:45 PM ET

Mets exercised RHP Mike Pelfrey's $500,000 option for 2010.

Pelfrey finished 10-12 this season with a 5.03 ERA and 1.51 WHIP. Those aren't great numbers, but he's only 25 and the price is unbeatable. He faces three years of arbitration after the 2010 season.