Here is the news, as tweeted out by the team itself:
<blockquote class="twitter-tweet"><p><a href="https://twitter.com/search?q=%23Athletics&src=hash">#Athletics</a> exercise contract options on Brett Anderson and Coco Crisp for 2014...decline to exercise options on Kurt Suzuki and Chris Young.</p>— Oakland Athletics (@Athletics) <a href="https://twitter.com/Athletics/statuses/396336473336582144">November 1, 2013</a></blockquote>
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This should come as no surprise to anyone. Crisp will almost certainly be worth his salary in 2014. Brett Anderson, even at $8M, is a gamble worth taking considering his trade value right now is so low.
Chris Young was a severe disappointment this year. I'm not saying that the A's shouldn't have made the trade for Pennington that brought him to Oakland - but it certainly didn't work out the way the A's (or Young) expected. On the other hand, I'd also say he's a prime bounceback candidate and looks ripe for a one-year deal. Indeed, if Seth Smith is traded, it's not inconceivable that the A's could re-sign Young for something like 1 year/$4M. Otherwise, if he does have a bounceback year, he'll be someone's great offseason bargain.
Kurt Suzuki was acquired at a time when the A's had a dearth of catchers down the stretch. No one truly expected his option would be exercised either, but he probably has a cheap multi-year deal in his future. As a solid defender with some occasional pop and an excellent reputation for durability, he's a pretty decent backup or second-division team starter. Think Brent Mayne, but younger and more athletic.
Now that that is over with, the only remaining immediate question is whether the A's can re-sign Colon...