Kyle Farnsworth said Monday in Rays camp that he's fully recovered from last year's elbow problems.

"I didn't do anything, just let it heal in time," the right-hander said. Farnsworth registered a cool 2.18 ERA, 0.99 WHIP and 51/12 K/BB ratio over 57 2/3 innings in 2011 and should remain a steady fantasy closer in 2012.

Rays exercised Kyle Farnsworth's $3.3 million option for 2012.

The price of the option was reasonable enough, so most expected the Rays would retain him. Farnsworth, 35, posted a 2.18 ERA, 0.99 WHIP and 51/12 K/BB ratio over 57 2/3 innings this season while going 25-for-31 in save opportunities. He dealt with some elbow discomfort down the stretch, but should be considered the favorite for saves going into spring training.

The Rays are likely to exercise Kyle Farnsworth's $3.3 million option for next season.

If they don't pick up the option, they'll have to pay Farnsworth a $650,000 buyout. The hard-throwing right-hander posted a 2.18 ERA, 0.99 WHIP and 51/12 K/BB ratio in 57 2/3 innings during the regular season while converting 25 of 31 save chances. Those numbers make picking up the option seem like a no-brainer, but The Farns did deal with right elbow discomfort down the stretch. No structural damage was found, though, so he should be OK after a lengthy rest.

Kyle Farnsowrth (elbow) is available for Game 3.

Farnsworth came down with a bit of soreness in his throwing elbow over the weekend, but he has rested now for several days straight and should be ready in a save situation.

Rays manager Joe Maddon said Kyle Farnsworth had a "little bit of a setback" with his elbow, but he expects the reliever to be available for Game 3.

Farnsworth has dealt with soreness in his right elbow that's limited him to just four appearances over the last few weeks. It doesn't sound like that big of a deal, but Joel Peralta will be available for the ninth inning should the Rays deem The Farns unavailable.

Kyle Farnsworth returned to action on Saturday September 24.

Rays manager Joe Maddon said that Kyle Farnsworth (elbow) is "good to go" for Friday's game against the Blue Jays.

In fact, Maddon said he could have pitched on Thursday night, if needed. Farnsworth hasn't pitched since September 10 due to a tender elbow, but should presumably return to ninth-inning duties. However, we would keep Joel Peralta around in deeper leagues, just to be on the safe side.

Kyle Farnsworth (elbow) said "everything felt good" after throwing 45 pitches off a mound Wednesday.

Farnsworth hasn't pitched since September 10 due to a tender elbow, but hopes to be available when the Rays return home Friday. Joel Peralta should continue to handle save chances during his absence.

Kyle Farnsworth (elbow) made 65 throws at a distance of 90 feet on Tuesday.

Farnsworth made it through the throwing session with no issues, so the next step is for him to throw from a mound on Wednesday. He is hoping to be ready to rejoin the Rays' bullpen by Thursday. Joel Peralta should continue to see save chances during his absence.

Kyle Farnsworth made 40 "nice and easy" throws from 60 feet Sunday.

"Everything went well," Farnsworth said. The reliever wasn't sure what the next step is, but it will likely be a bullpen session. Farnsworth is hoping to be ready to rejoin the Rays bullpen by Thursday.

Kyle Farnsworth (elbow) made 25 throws with a ball in a sock on Friday.

Farnsworth hopes to play regular catch on Saturday or Sunday and return by the end of the Yankees' series next week. Joel Peralta should continue to handle save chances in his absence.

Kyle Farnsworth (elbow) hopes to do "some sort" of throwing on Friday.

Farnsworth hasn't pitched since blowing a save last Saturday against the Red Sox. If all goes well, he hopes to return by the end of the Yankees' series next week. Joel Peralta is a must-own until he returns.

Kyle Farnsworth (elbow) is still not cleared to play catch.

Farnsworth has to play catch before he can do anything else, and his season could be in jeopardy if he's not able to throw a ball before the end of the weekend. Joel Peralta will continue to handle the ninth inning in Farnsworth's absence.

Kyle Farnsworth (elbow) is feeling better, but there are no immediate plans for him to throw.

Farnsworth hasn't pitched since Saturday due to lingering tenderness in his his elbow. The Rays are hopeful that he will be ready to return later in the week, but Joel Peralta is a must-add in the meantime.

Kyle Farnsworth (elbow tenderness) is still considered day-to-day by the Rays.

There is still a chance that he returns this week. Farnsworth blew a save chance Saturday evening when he allowed back-to-back homers to Jarrod Saltalamacchia and Jacoby Ellsbury and he hasn't pitched since. Joel Peralta got the save Monday against the Orioles and he'll get additional chances if Farnsworth remains sidelined.

Kyle Farnsworth was diagnosed with elbow tenderness.

Farnsworth blew a save chance Saturday evening when he allowed back-to-back homers to Jarrod Saltalamacchia and Jacoby Ellsbury. He had only allowed three homers all season entering Saturday's play. The Rays expect him to be fine after a few days of rest.

Kyle Farnsworth failed to convert save no. 24 on Wednesday, surrendering a game-tying homer to the Rangers' Ian Kinsler in the ninth inning.

It was Farnsworth's first blown save since June 23, and he is now 23-for-28 in save opportunities on the season. He still boasts an impressive 2.00 ERA and 0.94 WHIP.

According to Jon Paul Morosi of FOXSports.com, Kyle Farnsworth and Joel Peralta were both claimed off revocable waivers.

Morosi reports that neither pitcher will be dealt, which suggests the Rays pulled them back. Farnsworth has a $3.3 million club option for next season while Peralta is arbitration-eligible this winter.

Kyle Farnsworth was unavailable Saturday due to mild tenderness in his throwing elbow.

Joel Peralta vultured a save in his absence as the Rays grabbed a 6-5 afternoon victory over the Blue Jays. Farnsworth expects to be available come Sunday.

Kyle Farnsworth notched his 22nd save Friday with a perfect inning against the Mariners.

The Farns sent down Dustin Ackley and Kyle Seager swinging before Trayvon Robinson grounded out to end the game. Farnsworth has relatively quietly been one of the more reliable closers in the game this season, converting 22 of 26 save chances while sporting a 1.88 ERA and 0.88 WHIP.