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Should the Rockies try to make Justin Morneau part of their 2016 team?

One of the first decisions the Rockies front office will have to make this off season is what to do with Justin Morneau. In December of 2013, the club signed the big first baseman to a two year deal with a $9 million mutual option for a third year. A decision on that mutual option is coming, leaving the following scenarios in play for the Rockies:

1) The Rockies decline their end of the mutual option and pay the $750,000 buyout.

2) The Rockies pick up their end of the mutual option and Justin Morneau is on the 2016 team for $9 million.