The Mariners acquired Morales in a December trade with the Los Angeles Angels for left-handed pitcher Jason Vargas. Morales batted .273 with 22 home runs and 73 RBIs in 2012.
Morales will make $5,250,000 this season. He made $2,975,000 last season.
Ryan has started 254 of the Mariners' 324 games over the last two seasons at shortstop. In 2012, he batted .194 with 31 RBIs and three home runs.
Ryan will make $3,250,000 this season. He made $1.9 million last season.
The club also exchanged arbitration figures with right-handed pitcher Shawn Kelley. Kelley asked for $1.2 million and was offered $750,000.