Reds To Sign Ryan Madson

If any doubt remained about the Reds' intentions for the 2012 season, it has now disappeared — they're going for it. GM Walt Jocketty continued adding to his new-look pitching staff by officially agreeing to terms with Ryan Madson on a one-year, $8.5MM deal. Scott Boras represents the right-hander, who will become the closer in Cincinnati's bullpen.

The contract includes incentives and a 2013 mutual option. Madson will earn $6MM in 2012 and the deal includes an $11MM option with a $2.5MM buyout for 2013.

Ryan Madson - Phillies

Madson posted a 2.37 ERA with 9.2 K/9, 2.4 BB/9 and a 48.8% ground ball rate in 60 2/3 innings for the Phillies in 2011. The 31-year-old saved 32 games in his first full season as a closer. 

The Reds don't have to surrender a draft pick to sign Madson, but the Phillies will obtain two picks this June because they offered arbitration after the season. One selection will come before the Reds' second round pick and the other will come in the supplementary first round.

Madson could cash in next offseason if he repeats his 2011 performance in Cincinnati. He appeared to be close to signing a $44MM contract with the Phillies early in the offseason, but talks fell through and Jonathan Papelbon signed in Philadelphia, leaving Madson in a market that has slowed down for relievers.

Francisco Cordero had been talking with the Reds throughout the offseason, but it seems unlikely that he'll return to Cincinnati at this point.

Right-handers Nick Masset, Logan Ondrusek, Jose Arredondo, Sam LeCure and Andrew Brackman figure to join Madson in the Reds' bullpen mix in 2012. The Reds also have an impressive trio of left-handers: Sean Marshall, Bill Bray and Aroldis Chapman

Jocketty has now addressed most of his offseason needs. He can consider an extension for Brandon Phillips and resolving arbitration cases for Masset and Arredondo.

Earlier in the month 17.7% of 13,700 MLBTR readers said they expect Madson to sign with the Reds. He ranked 14th on MLBTR's list of top free agents entering the offseason.

Jon Heyman of CBSSports.com first reported the move. ESPN's Jerry Crasnick added the financial terms and John Fay of the Cincinnati Enquirer, MLB.com's Mark Sheldon and ESPN's Jayson Stark added detail. Photo courtesy Icon SMI.

NL East Notes: Lidge, Cabrera, Nationals, Wright

It's been a busy offseason in the NL East and Yoenis Cespedes and Prince Fielder could join the division before the winter's up. Here are the latest links…

  • The Phillies have stayed in touch with Brad Lidge this offseason, Jon Heyman of CBSSports.com tweets.
  • The Braves have not offered Roy Oswalt a contract, David O’Brien of the Atlanta Journal-Constitution tweets.
  • The Braves offered Orlando Cabrera a one-year deal this winter, Yahoo's Tim Brown tweets. Cabrera, who announced his retirement yesterday, presumably obtained the offer before the Braves re-signed Jack Wilson six days ago.
  • The Nationals could hope to double or triple the $29MM they obtained from MASN last year when they reset their regional TV deal, Adam Kilgore of the Washington Post confirms. The team hired an outside expert to re-negotiate the deal in the hopes of boosting revenues substantially, Kilgore adds. Ken Rosenthal of FOX Sports reported earlier this month that the Nationals' TV revenues could “double, triple or more” when they reset the deal.
  • Any team that acquires David Wright from the Mets this summer wouldn't get a draft pick if he opts out of his contract after the season and leaves as a free agent, Adam Rubin of ESPNNewYork confirms on Twitter. Wright can void a $16MM club option for 2013 if he's traded, so Rubin suggests the third baseman's trade value may be highest next offseason.

NL East Notes: Wigginton, Brown, Oviedo, Fielder

Earlier today we heard that the Nationals are discussing a contract extension with Ryan Zimmerman and that the agent for Cole Hamels doesn't think Jered Weaver's five-year $85MM deal is that relevant for his client. Here are some more notes on the NL East, starting with Hamels’ teammates in Philadelphia…

  • GM Ruben Amaro Jr. said on MLB Network Radio that the Phillies are operating carefully because they’re up against the luxury tax, Jim Bowden tweets.
  • Amaro said Ty Wigginton will play first base regularly until Ryan Howard returns from the disabled list, Bowden tweets. Jim Thome will also get occasional starts at first.
  • Amaro said he expects to platoon John Mayberry Jr. and Laynce Nix in left field, Bowden tweets. Unless Domonic Brown wows his bosses in Spring Training, he’ll head to the Phillies' Triple-A club. 
  • There’s an expectation that the Marlins will try to trade Juan Carlos Oviedo, and the reliever told Juan C. Rodriguez of the South Florida Sun-Sentinel that he’s mentally prepared for a deal. “It's a business,” he said. “I'd like to stay in Miami, but those are things they decide.”
  • Many baseball people still view the Nationals as the favorite to sign Prince Fielder, Jon Paul Morosi of FOX Sports tweets.

Gerardo Concepcion Close To Free Agency

18-year-old Cuban lefty Gerardo Concepcion has established residency in Mexico, agent Jaime Torres told Enrique Rojas of ESPNDeportesLosAngeles.com.  He should be able to declare free agency and negotiate with Major League teams very soon.  The Yankees, Rangers, Cubs, White Sox, and Phillies are among the interested clubs, Rojas tweets.

Concepcion defected from Cuba during a tournament in the Netherlands last June, as did Aroldis Chapman.

Hamels’ Agent: Weaver Contract Not A Parallel

Cole Hamels now owns the second-largest salary in arbitration history ($15MM), and he's not stopping there.  Agent John Boggs expects his client to be compensated as an "elite pitcher," and he doesn't consider Jered Weaver's team-friendly five-year, $85MM deal a factor.  Explained Boggs to Jim Salisbury of CSNPhilly.com:

"I don't think it's a parallel.  That contract is great for Jered. I understand it. But he took a different path and left a lot of money on the table. He came up through the Angels system and grew up in their backyard. He's pitching where he grew up. That situation appeals to him. It's a similar situation to when I had Tony Gwynn. Without getting into specifics of what we're looking for, the Weaver situation is unique to Weaver."

Weaver's contract covered his final arbitration year and then four free agent seasons at an average of $17.5MM.  Unlike Weaver, Hamels was a Super Two player, and the salary of his final arbitration year has already been determined.  Hamels' new contract will probably only cover free agent years.  Even if he doesn't reach the $23-24MM range of C.C. Sabathia and Cliff Lee, I think six years and $120MM is just a starting point for Hamels, who will turn 29 during the 2012-13 offseason.

The Phillies have first dibs.  According to Boggs, "When you're this close [to free-agency] you have mixed emotions.  But Cole has come through the Phillies organization, and if you asked him his preference, more than likely he'd want to remain with the Phillies. That's how it would be going into the negotiations, but every negotiation is different. Everything depends on our perceived value of what Cole is worth and what their perceived value of him is. That will dictate if a long-term deal gets done. We'll always give the Phillies every opportunity to secure him."

Players Avoiding Arbitration: Tuesday

Dozens of arbitration eligible players have agreed to deals with their respective teams today and we've been tracking all of the developments right here.  Several teams, including the Rays, Nationals, Marlins, White Sox, Blue Jays, Braves, and perhaps Astros, are known for committing to going to hearings if they get to the point of filing.  Keep track of all the madness with MLBTR's arbitration tracker, which shows settlement amounts, filing figures, and midpoints.  Today's players to avoid arbitration on deals worth less than $4MM:

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Arbitration Filing Numbers

Many players avoided arbitration today, but dozens of others exchanged figures with their teams in anticipation of hearings. Most cases won't go to arbitration hearings, but teams such as the Rays, Nationals, Marlins, White Sox, Blue Jays and Braves have stuck to 'file and trial' policies in the past. 

MLBTR's arbitration tracker will keep you up to date on every one of the filing numbers from around the game, but here are the highlights — players who filed for $4MM or more. Jon Heyman of CBSSports.com had most of the info with MLBTR and others also contributing:

Phillies Avoid Arbitration With Cole Hamels

2:03pm: Bob Nightengale of USA Today talked to Hamels' agent John Boggs, who said, "We thought about just going for it, and filing for a number [of about $17 million], but we thought this was fair. Our sights are now set on free agency. At some point, we'll talk to the Phillies about that.''  Noting the unpredictable nature of free agency, Boggs sang his client's praises and added, "Pitching is something everybody will always be clamoring for. That never changes."

11:15am: The Phillies avoided arbitration with Cole Hamels, agreeing to a $15MM deal with award incentives, tweets Jon Heyman of CBS Sports.  MLBTR had projected $14MM for the John Boggs & Associates client, who received one of the largest arbitration settlements ever.  Three years ago Hamels signed a multiyear deal while leaving his last arbitration year open, and it enabled him to get a $5.5MM raise in his last year before free agency.

Excluding Roger Clemens' free agent arbitration salary, I believe only Prince Fielder's $15.5MM tops Hamels' reward.  Tim Lincecum is expected to jump to the top of the list.

Phillies Sign Joel Pineiro

The Phillies officially signed Joel Pineiro to a minor league contract with a spring training invite today.  Pineiro is represented by Wasserman Media Group.

Pineiro, 33, pitched to a 5.13 ERA with just 3.8 K/9 in 145 2/3 innings for Angels last year while battling shoulder tightness. After earning his two-year, $16MM deal from the Halos thanks to a 60.5% ground ball rate and 1.14 BB/9 with the Cardinals in 2009, those rates fell to a still solid 48.3% and 2.35 BB/9 in 2011. Pineiro will give the team some back of the rotation protection behind Roy Halladay, Cliff Lee, and Cole Hamels. Vance Worley and Joe Blanton figure to round out the starting staff, though the latter was limited to just 41 1/3 innings last year due to elbow problems.

ESPN's Jayson Stark first reported the agreement on Sunday.

Amaro On Pitching, Papelbon, Howard, Thome

Phillies GM Ruben Amaro Jr. spoke to FOX Sports' Jon Paul Morosi about his team's offseason moves, and what he still might have in store before Opening Day…

  • Amaro would like to add a left-handed reliever or rotation depth, provided either could be had at a reasonable price.  The club would also like to add a bench option who can provide some added speed.
  • The team is happy with its four-year, $50MM deal with Jonathan Papelbon, even after ex-closer Ryan Madson signed a one-year, $8.5MM deal with the Reds that looks like a major bargain.  “That’s the beauty and difficulty of free agency,” Amaro said. “We knew there were other teams who were going to be very competitive in the market for closers. Once we got to an AAV (average annual value) of $12.5 million with Papelbon, we felt that was a reasonable deal for us to make….Markets can be fluid and difficult to gauge. I’m happy with the player we have.”
  • Ryan Howard was recently cleared to resume weight-bearing and strength-building exercises but Amaro says the club is being "very cautious" with their star first baseman.  Howard ruptured his left Achilles tendon while making the last out of the NLDS and his DL stint will last into next season.  Amaro says it would be "great" if Howard could return to the Phillies by May.
  • Amaro is satisfied with his club's internal first base options, including Jim Thome, who Amaro says could play first up to four or five times per month.  “Our medical people are surprised at the shape he’s in,” Amaro said. “They think he might be better now than he was when we first signed him in 2002.”  Thome has been a full-time DH and pinch-hitter for the last four seasons.
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