Ryan Madson has declined his half of a mutual option for 2013, reports Jon Heyman of CBSSports.com. The option was worth $11MM, and he'll instead receive a $2.5MM buyout.
Madson, 32, did not pitch at all in 2012 due to Tommy John surgery after signing a one-year, $8.5MM deal with the Reds last winter. From 2009-2011 he pitched to a 2.78 ERA with 9.6 K/9 and 2.4 BB/9, however. The Phillies have some interest in bringing Madson back for next year according to Heyman, but the right-hander will seek a job closing.
Yeah I mean I’m sure he’ll just walk out into the open market and get more than $8.5 Mil, probably a smart move…
Very doubtful coming off TJ.
Probably not after tj. He will get a one year deal to reestablish value with maybe a second option year. But his buy out was probably higher if he opted out as opposed to the reds buying him out
Dumb move by Madson.
Way to go Madson, you bum! Lots of loyalty to the Reds since they took care of you while you were injured. At least throw one pitch in a Reds uniform before you bolt!
What?
He couldve Picked up the option and stuck the reds with an 11 million dollar reliever coming off TJ…. would you have preferred that?
It was a mutual option. The Reds would not have exercised their half.
Sorry, my knowledge of mutual options is fuzzy at best, I was under the impression only one side had to pick it up, or that the player had priority or something. My bad.
No harm no foul.
Player options are up to the player. Team options are up to the team. And mutual options require both sides to accept.
Thanks!
Yea shame on him for getting injured! Shame! And insurance probably paid for it for the Reds, and you guys have a closer, so paying 11mm for a setup guy on a midmarket team sound appealing to you? You should be thankful.
Few teams insure one year deals. The Reds certainly did not. They took an 11 Mil flyer and lost out. Another 11 mil for a top notch closer that allows Chapman to become a top of the rotation starter… Hmm let me think about that ….. 11 mil for a rotation of Cueto, Champman, Latos, Bailey and Arroyo/Leake/Cheap free agent/scrap heap prospect. Sounds to me like exactly what a mid-market team would want.
well I guess we disagree about chapman becoming a starter, I assumed they would just keep him as closer since he did so well, so yes paying 11m for him to set up would be expensive…
No the Reds had to eat Madson’s contract. Their team policy is to not take out insurance on one yr contracts.
It’s actually more admirable that he opted out.
Sorry, but that’s called baseball.
2.5 million and didn’t throw a pitch…what’s wrong with this world
Technically $8.5M.
Jorge De La Rosa pitched 10 innings last year and is making 11M this year thanks to his option…
Yea I cant believe a player who signed a mutual option would test the FA market after losing his job and still being good. /sarcasm.
He’s coming back to Philly! (Crosses fingers)
Uhh, shouldn’t it be the other way around?
$8.5M and didn’t throw a single pitch…..
Braves should just go ahead and trade Craig Kimbrel before the market gets to the point where he can reasonably ask for $100M…..
3 downvotes already? Tough crowd….I stated a fact and then made a joke. I sincerely apologize to everyone I offended…..
There are a ton of trolls on this site that down vote everyone for no reason. Go back to the day jeter hit his 3k and I bet there are down votes for people congratulating him. Also some people don’t understand sarcasm
what’s sarcasm?
No, those were O’s and Sox fans
Insurance probably paid for that, not his fault he got injured.
Most teams don’t purchase insurance on 1 year deal and that was the case with this contract. John Fay reported back when the injury happened that the Reds did not have insurance coverage on Madsen
The Phillies have some interest in bringing Madson back for next year, but the right-hander will seek a job closing. As you know, I am not the biggest of Phillies fans. However, with all the drama that ensued after the Phillies signed Papelbon. I cannot see Ruby going for this. As for Madson and the Reds, I just shake my head, it really is a shame.
I think he’ll take an incentive laden 1 year deal with any team willing to let him compete for a closer job
He wants the opportunity to close. He had that opportunity with the Reds to start 2012 but lost it because he got injured and Chapman proved to be just unbelievable.
He’ll latch onto the team that gives him an opportunity. Unfortunately for Reds fans it didn’t work out, but Ryan Madson is no bum reliever. Just got hurt. It happens. Time to move on.
Yes, sanity
if Mo does not come back, i wouldnt be surprised if the yankees sign him.
Wow is all I can say not even 1 measly pitch
All I want for Christmas is a bullpen in Milwaukee… Please Doug, sign him.
Well Yankees, that’s an option
Jocketty will bring back Madson, as Ryan said, he has loyalty and unfinished business with the Reds, 1 year deal to be a set up man for Chappy, then re entering the market in 2013
If he is getting a 1 year deal at reasonable money to rebuild his value, the Mets could use a new closer. and have no money to pay one a lot!
If Madson comes back to the Reds it will be as the closer, not a setup man. Chapman will be in the starting rotation next year. That’s been the plan for the last couple years, just hasn’t worked out. The Reds will either go after Broxton or Madson first to fill the closer role and then move Chapman to the starting five with Leake being the odd man out.
Don’t overreact, this is just a formality given it would have been declined on the other side.
He made $6M last year.
Yes. A buyout is considered guaranteed money. If you want to double check go to Cot’s to confirm.