The Astros exercised Raley's $2 million club option for 2021 on Sunday, Jake Kaplan of The Athletic reports.
The 32-year-old southpaw had a 4.95 ERA in 20 innings this season, but his 3.63 xFIP and 25.0 K-BB% paint a better picture of the type of reliever the Astros are hoping to have for 2021. He will likely pitch primarily in the middle innings, but his ability to miss bats makes him someone to keep an eye on if the back of the bullpen underperforms next season.