The Blue Jays have exercised their 2013 option for left-hander Darren Oliver, the team announced. The club also declined their option for Rajai Davis, but re-signed him to a one-year deal worth $2.5MM.

Oliver, 42, pitched to a 2.06 ERA in 56 2/3 innings this season. He'll earn $3MM next year. The 32-year-old Davis hit .257/.309/.378 with 46 stolen bases this year. His club option was worth $3MM.