Complex sentence: After the 2010 season, the Mariners declined their 2011 option on Bédard's contract and re-signed him to an incentive laden non-guaranteed contract.
Split into simpler sentences: After the 2010 season, the Mariners declined their 2011 option on Bédard's contract. The Mariners re-signed Bédard to an incentive laden non-guaranteed contract.