The Cincinnati Reds are not likely to pick up shortstop Orlando Cabrera’s $4 million mutual option, according to MLB.com’s Mark Sheldon, but the team may want him back for next season at a lower price.

“We’re not sure. We’ll probably know something later this week,” Red’s GM Walt Jocketty said.

The Reds will be responsible for a $1 million buyout if they decline the option.

Earlier this month Jocketty said, “It’s probably more than we want to exercise, we’ll try to find a happy medium..if not [Paul] Janish would be our SS”.

Cabrera was signed to a one-year deal for $3.02 million in February.  He had a down year in 2010 with a .263 batting average with 4 home runs and 42 RBIs in 123 games. He missed 27 games this season with a strained left oblique muscle.

The Reds also have to make a decision on outfielder Jonny Gomes and catcher Ramon Hernandez. The team has a $1.75 million club option on Gomes for next season. Hernandez had a $3.25 million vesting option for 2011 that would have been guaranteed if he played in 120 games. He played in only 97 games.