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Reds, Joey Votto Nearing Extension

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Prince Fielder and Albert Pujols won't be the only first basemen to cash in with historic contracts this offseason. Joey Votto and the Reds are nearing an extension that will keep the first baseman in Cincinnati for a long time, MLBTR's Tim Dierkes and Ben Nicholson-Smith have learned. Dan Lozano of Icon Sports Group represents Votto.

Joey Votto - Reds (PW)

Terms of the deal are not known, but it wouldn't be surprising if the total contract value surpasses $200MM. Votto will earn a total of $26.5MM through 2013 on the extension he signed last winter. I suggested in January that an additional $161MM could be enough to keep Votto in place long-term.

It's a ten-year, $225MM contract according to Bob Nightengale of USA Today (on Twitter). The deal eclipses Prince Fielder's nine-year, $214MM with the Tigers.

Votto, the 2010 NL MVP, has evolved into one of the game's elite players since debuting in 2007. He followed up his MVP season with a .309/.416/.531 line, 29 homers and 40 doubles. The 28-year-old has been a seven win player each of the past two seasons, according to FanGraphs' version of wins above replacement.

Just four deals in MLB history have surpassed the $200MM mark. Fielder, Alex Rodriguez (twice) and fellow Lozano client Albert Pujols make up the select group.

Photo courtesy of US Presswire. This post was originally published on April 2nd.

Cain Expected To Sign Five-Year Deal

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The Giants will sign right-hander Matt Cain to an extension "in the neighborhood of" five years and $110MM by Opening Day, two sources tell John Shea of the San Francisco Chronicle (on Twitter). Landon Williams and Rick Landrum of CAA Sports represent Cain, who had been scheduled to hit free agency following the 2012 season.

Cain has emerged as a frontline starter in recent years and the upcoming deal would establish a record for right-handed pitchers, as long as it's worth more than $105MM. The 27-year-old has completed 200 innings in five consecutive seasons, and has impressive career rate stats. He consistently outperforms his strong peripheral stats to post low ERAs. Most recently, he posted a 2.88 ERA with 7.3 K/9, 2.6 BB/9 and a 41.7% ground ball rate in 221 2/3 innings last year. 

The deal figures to affect at least two other ace pitchers: Tim Lincecum and Cole Hamels. Lincecum is on track for free agency following the 2013 season and Hamels will be eligible for free agency this winter. Should Hamels reach a deal with the Phillies, it will presumably mirror Cain's contract. Zack Greinke could also use Cain's deal as a reference point in talks with the Brewers.

Cain will earn $15MM in 2012. Luke Adams of MLBTR anticipated the terms of the upcoming extension with considerable accuracy in December.

This post was originally published on April 2nd, 2012.

Quick Hits: Red Sox, Damon, Axford

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On this date 20 years ago, the Cubs released 29-year-old left-hander Jamie Moyer. The southpaw didn't pitch in the Major Leagues again that year, but he returned in 1993 and has since pitched 3,300 innings and won 233 games. His career isn't over yet, as the Rockies may add him to their rotation. Here are today's links…

  • The Red Sox had complete access to Chris Carpenter's medical records before acquiring him from the Cubs, Nick Cafardo and Peter Abraham of the Boston Globe report. The reliever also passed two physicals earlier this year, so the Red Sox aren't likely to obtain a different player from the Cubs as compensation for Theo Epstein even though Carpenter underwent elbow surgery yesterday.
  • ESPN.com’s Buster Olney wonders if the Indians could pursue free agent Johnny Damon instead of trading for Bobby Abreu (Twitter link). Dave Cameron of FanGraphs explores the Damon-Indians possibility and says it's hard to argue he’s a worse option than Abreu.
  • The Brewers have exchanged figures with closer John Axford regarding a possible extension, Jon Heyman of CBSSports.com tweets. "I'm not going to jump at anything," Axford said.

Minor Moves: Astros, Rivera, Branyan, Igarashi

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The latest minor moves from around MLB…

  • The Astros released first baseman Jimmy Van Ostrand and right-hander Lance Pendleton, Brian McTaggart of MLB.com tweets.
  • The Brewers released catcher Mike Rivera, according to the team (via media relations director Mike Vassallo on Twitter). The 35-year-old appeared in one game with the 2011 Brewers and has experience in nine MLB seasons.
  • The Yankees announced that they released Russell Branyan from his minor league contract and re-signed him to a new one. The Yankees appear to save $100K with the maneuver. 
  • The Blue Jays acquired right-hander Ryota Igarashi from the Pirates for cash considerations or a player to be named later, Shi Davidi of Sportsnet.ca reports (Twitter links). Davidi suggests the Blue Jays will likely assign Igarashi to Triple-A. The 32-year-old appeared in 45 games for the 2011 Mets, posting a 4.66 ERA with 9.8 K/9 and 6.5 BB/9 in 38 2/3 innings.
  • The Phillies announced that they traded minor league first baseman Matt Rizzotti to the Twins for cash considerations today. The 26-year-old spent the 2011 season at Double-A Reading and posted a .295/.392/.511 line with 24 home runs, 34 doubles and 79 walks in 587 plate appearances. 

Rosenthal & Morosi On Phillips, Hamels, Winfield

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Outgoing Dodgers owner Frank McCourt has some authority over the land surrounding Dodger Stadium and Ken Rosenthal of FOX Sports wonders if he’ll look to lure the NFL back to Los Angeles. Here are some more rumors and notes from Rosenthal and his colleague, Jon Paul Morosi:

  • Rosenthal checks in on extension candidates around the league, offering insight into the negotiations. The likely asking price for Brandon Phillips is a raise from his current $12MM salary on a four or five-year deal. 
  • The issue in contract talks between Ian Kinsler and the Rangers is years, rather than dollars, Rosenthal writes. 
  • The Phillies haven't had substantive extension talks with Cole Hamels in the last three weeks, Rosenthal tweets.
  • Hall of Famer Dave Winfield told Morosi that he has thought about teaming up with others to bid for an MLB team. “There’s been interest on my part,” Winfield said. “I really don’t need to go into more detail at this point, but that is something I’ve considered.” It’s hard not to wonder if Winfield could look to purchase the Padres, one of his former teams.

Outrighted To Triple-A: Rivas, Tatum

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The latest outright assignments around MLB…

  • The Brewers outrighted right-hander Amaury Rivas to Triple-A, Tom Haudricourt of the Milwaukee Journal Sentinel tweets. The 26-year-old posted a 4.72 ERA with 6.5 K/9 and 4.8 BB/9 in 150 2/3 innings at Triple-A last year.
  • The Yankees announced that they outrighted catcher Craig Tatum to Triple-A. Tatum, a recent waiver claim by the Yankees, has a .223/.291/.264 line in 299 MLB plate appearances and has stopped 21% of stolen base attempts against him. He also has a .249/.316/.377 batting line in eight seasons as a minor leaguer.

Rays Place Matt Bush On Restricted List

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The Rays placed former first overall selection Matt Bush on the restricted list, Roger Mooney of the Tampa Tribune tweets. The move creates 40-man roster space for Tampa Bay.

Bush was arrested for driving under the influence and leaving the scene of an accident earlier this spring. The 26-year-old spent last season at Double-A, posting a 4.83 ERA with 13.8 K/9 and 4.3 BB/9 in 50 1/3 innings of relief. The Padres selected him first overall in 2004.

Players on the restricted list do not count toward a team's 25-man or 40-man roster. They do not accrue service time and they don't always get paid.

Braves Sign Livan Hernandez

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2:25pm: The deal guarantees Hernandez $750K, Ken Rosenthal of FOX Sports tweets.

1:56pm: The Braves will sign Livan Hernandez, Jon Heyman of CBSSports.com tweets. The agreement, a one-year Major League deal, comes hours after the Astros released the veteran right-hander. The Braves have announced the signing.

Even with Tim Hudson sidelined on the disabled list, it seemed as though the Braves would have more than enough starting pitching this year. However, neither Randall Delgado nor Julio Teheran seized the fifth starter's job.

Hernandez posted a 4.47 ERA with 5.1 K/9, 2.4 BB/9 and a 42.4% ground ball rate in 175 1/3 innings for the 2011 Nationals. The 37-year-old Praver/Shapiro client has averaged 216 innings and a 4.44 ERA since 1998, his first full season as a big league starter, and has completed at least 175 innings in each of the past 14 seasons. He earned $1.25MM in 2011.

Knobler On Inge, Donald, Jimenez

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The latest rumors from Danny Knobler of CBSSports.com (all links go to Twitter)…

  • The Tigers have tried hard to interest the Phillies in Brandon Inge without much success. Inge offers steady defense at third and has been learning second base this spring, but he earns $5.5MM in 2012.
  • The Phillies tried to re-acquire utility player Jason Donald from the Indians, but Cleveland preferred to keep him. The Phillies drafted Donald in 2006 and sent him to Cleveland in the 2009 Cliff Lee trade.
  • Teams inquired on Ubaldo Jimenez this spring, but the Indians don’t have interest in moving him, either.
  • Scouts are watching Diamondbacks left-hander Mike Zagurski, since there’s a sense the Diamondbacks might trade him.

Giants To Release Mike Fontenot

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The Giants have placed infielder Mike Fontenot on release waivers, Henry Schulman of the San Francisco Chronicle reports (Twitter links). The Giants agreed to terms with the arbitration-eligible Fontenot on a one-year, $1.05MM deal this offseason, and they'll save three quarters of that sum by cutting ties with him today.

Fontenot posted a .227/.304/.377 line in 252 plate appearances at second base, shortstop and third base last year. The Fielding Bible Volume III suggests Fontenot provides adequate defense around the infield. He'll obtain approximately $250K in termination pay from the Giants. Teams like the Phillies and Rangers could have interest in signing the 31-year-old.

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