BASEBALL Toronto Blue Jays -- Picked up the option year on contracts of LHP Jimmy Key and OF Rick Leach.
BASKETBALL Seattle SuperSonics -- Waived three guards: third-round draft pick Tommy Amaker (Duke, W.T. Woodson High School), Michael Tait (Clemson), Ricky Wilson. Phoenix Suns -- Signed free agent Alton Lister, a Seattle holdout, to an offer sheet that reportedly will make him one of the NBA's best-paid centers. New Jersey Nets -- Reported F/C Keith Lee, obtained Oct. 8 from Cleveland, will be out four to six weeks with a bone bruise on his left leg.
HORSE RACING Bet Twice, the colt who ruined Alysheba's Triple Crown bid by winning the Belmont Stakes, is showing signs of tiredness and will not race again this year, owner Robert P. Levy announced. He said Bet Twice will compete next year as a 4-year-old.
BOXING Terry Mims, a two-time national Golden Gloves champion before turning pro, won a unanimous 10-round decision over former world heavyweight champion Leon Spinks in a cruiserweight bout in Cleveland.
COLLEGES MEAC -- John Javis of Howard and Terance Hoover of Delaware State were named offensive football players of week, Herbert Schofield of South Carolina State defensive player of week.