Reds Agree To Extension With Ryan Hanigan

The Reds and Ryan Hanigan have agreed to a three-year contract that will pay the catcher $4MM. Hanigan, who is represented by Tom O'Connell, will also have the chance to earn another $800K in escalators based on playing time.

2011 is Hanigan's final pre-arbitration season, so the deal buys out two of his arb years. According to Olney, the 30-year-old will make $450K this year, $1.2MM in 2012, and $2.05MM in 2013. The deal also includes a $300K signing bonus and $400K in possible incentives in each of the '12 and '13 seasons. The Reds will have Hanigan under team control for one more season after the contract expires.

Splitting time behind the plate with Ramon Hernandez for the last two years, Hanigan hasn't displayed much power, but has posted exceptional on-base numbers. In 536 plate appearances in 2009 and 2010 combined, the longtime Red hit .280/.381/.374.

As MLBTR's Transaction Tracker shows, Hanigan's will be the fifth contract extended for at least three years by the Reds this winter.'s Buster Olney first reported the agreement and John Fay of the Cincinnati Enquirer confirmed that the Reds announced the deal.

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