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Reds Rumors

Reds, Latos Agree To Two-Year Deal

By Ben Nicholson-Smith | February 12, 2013 at 11:35am CDT

11:35am: Latos' deal is worth $11.5MM over two years, according to Mark Sheldon of MLB.com (on Twitter). Latos will earn $4.25MM in 2013 and $7.25MM in 2014, John Fay of the Cincinnati Enquirer reports (on Twitter).

11:21am: The Reds announced that they avoided arbitration with right-hander Mat Latos, agreeing to terms on a two-year deal for the 2013-14 seasons (Twitter link). Latos is a Bledsoe Brothers client.

The contract will buy out Latos' first two seasons of arbitration eligibility. He will be eligible for the third and final time following the 2014 season and still projects to hit free agency after the 2015 season.

Latos, 25, joined the Reds last offseason when they acquired him from San Diego for Yonder Alonso, Brad Boxberger, Yasmani Grandal and Edinson Volquez. He posted a 3.48 ERA with 8.0 K/9 and 2.8 BB/9 in 209 1/3 innings with Cincinnati this past season, setting himself up for a substantial raise. Latos filed for $4.7MM, while the Reds countered at $4.15MM. Earlier this winter MLBTR contributor Matt Swartz projected a one-year salary of $4.6MM for Latos, noting that few pitchers have matched his resume while first time arbitration eligible.

The Reds have one remaining arbitration eligible player, as MLBTR's Arbitration Tracker shows. Homer Bailey, Clayton Richard and Jordan Zimmermann are the only remaining unsigned players.

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Cincinnati Reds Transactions Mat Latos

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Reds, Choo Avoid Arbitration

By Ben Nicholson-Smith | February 11, 2013 at 4:38pm CDT

4:38pm: Choo obtains a $7.375MM salary for 2013, MLBTR's Tim Dierkes has learned (Twitter link). That's the midpoint between the sides' filing numbers.

3:31pm: The Reds announced that they avoided arbitration with outfielder Shin-Soo Choo, agreeing to a one-year deal for 2013 (Twitter link). The Boras Corporation represents Choo, who will hit free agency following the 2013 season.

Choo filed for $8MM in arbitration with the Reds countering at $6.75MM, as MLBTR's Arbitration Tracker shows. Two of the five unsigned arbitration eligible players are Reds: Mat Latos and Homer Bailey. MLBTR's look at Arbitration Basics simplifies what can be a complicated process.

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Cincinnati Reds Transactions Shin-Soo Choo

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Reds Sign Clay Hensley

By Ben Nicholson-Smith | February 11, 2013 at 3:44pm CDT

The Reds announced that they signed right-handed reliever Clay Hensley to a minor league deal (Twitter link). Lapa/Leventhal represents Hensley.

Hensley pitched for the Giants in 2012, making 60 relief appearances. He posted a 4.62 ERA with 7.5 K/9 and 5.3 BB/9 in 50 2/3 innings out of the bullpen. In seven seasons at the MLB level, Hensley has a 4.00 ERA with 6.5 K/9 and 4.2 BB/9.

Hensley provides Reds manager Dusty Baker with bullpen depth as Spring Training begins. Right-handers Jonathan Broxton, Jose Arredondo, Logan Ondrusek, Alfredo Simon and Sam LeCure project as contributors in the Cincinnati bullpen this coming season.

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Cincinnati Reds Transactions Clay Hensley

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NL Notes: Phillies, Reds, Rockies, Figgins

By edcreech | February 10, 2013 at 6:06pm CDT

As players, coaches, and front office personnel begin to arrive in Florida and Arizona for Spring Training 2013, let's take a look at the news and notes from the National League:

  • The Phillies were surprised Ben Revere was available and, in fact, it was the Twins who brought his name up in trade talks after dealing Denard Span to the Nationals, reports the Philadelphia Inquirer's Bob Brookover.
  • Within the same article, Brookover writes the struggles of Domonic Brown were one reason the Phillies were forced to alter their offseason blueprint. "We were hopeful that Domonic would lock down one of those corner outfield spots," GM Ruben Amaro Jr. said. "He did not do that. He still may do that…but we can't necessarily count on that to happen. Because of that, then we were kind of filling all three outfield positions."
  • MLB.com's Mark Sheldon provided additional contract details for some of the players the Reds have signed within the last month including right-hander Logan Ondrusek, who has more than two dozen different escalators, incentives, and bonuses written into the two-year deal he signed last month.
  • Jorge De La Rosa, Jhoulys Chacin, Juan Nicasio, and Jeff Francis are near locks for the first four slots in the Rockies' starting rotation leaving Drew Pomeranz, Christian Friedrich, Tyler Chatwood and Chris Volstad jockeying for the fifth spot, according to Troy E. Renck of the Denver Post.
  • MLB.com's Thomas Harding tweets the candidates for the Rockies' rotation change daily, but the final two spots could come down to Nicasio, Pomeranz, and Chatwood.
  • Larry Beinfest, the Marlins' president of baseball operations, envisions the recently signed Chone Figgins in a Alfredo Amezaga-type role, tweets Juan C. Rodriguez of the Sun-Sentinel. Amezaga played every position, except pitcher and catcher, during his four-year stint in Miami.
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Cincinnati Reds Colorado Rockies Miami Marlins Philadelphia Phillies Ben Revere Chone Figgins Chris Volstad Christian Friedrich Domonic Brown Drew Pomeranz Jeff Francis Jhoulys Chacin Jorge de la Rosa Juan Nicasio Logan Ondrusek Ruben Amaro Jr. Tyler Chatwood

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Orioles Claim Todd Redmond

By Ben Nicholson-Smith | February 8, 2013 at 12:13pm CDT

The Orioles claimed Todd Redmond off of waivers from the Reds, Darren Wolfson of 1500 ESPN reports (on Twitter). The Reds designated Redmond for assignment one week ago to create roster space for Manny Parra.

Redmond made his MLB debut in 2012, starting one game at the big league level. The 27-year-old spent most of the season at Triple-A, where he posted a 3.63 ERA with 8.2 K/9 and 2.4 BB/9 in 148 2/3 innings. The Reds acquired him from the Braves for Paul Janish last July.

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Baltimore Orioles Cincinnati Reds Transactions Todd Redmond

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Reds, Leake Avoid Arbitration

By Ben Nicholson-Smith | February 6, 2013 at 7:53am CDT

The Reds avoided arbitration with right-hander Mike Leake, Mark Sheldon of MLB.com reports. The sides agreed to a one-year deal worth $3.06MM for 2013.

Leake had asked for $3.5MM with the Reds offering $2.65MM, as MLBTR's Arb Tracker shows. Leake, a Beverly Hills Sports Council client, had been arbitration eligible for the first time this winter. The 25-year-old has two more years of arbitration eligibility and will hit free agency following the 2015 season.

The Reds had a number of noteworthy arbitration cases this offseason, and three of them remain unresolved. Shin-Soo Choo, Homer Bailey and Mat Latos are all still unsigned, as noted on our Arb Tracker. Be sure to check out MLBTR's Arbitration Basics for a primer on the process.

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Cincinnati Reds Transactions Mike Leake

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Quick Hits: Johnson, Boras, Givens, Reds, Lowe

By Daniel Seco 2 | February 5, 2013 at 11:18pm CDT

The newest member of the Rays organization, Kelly Johnson, spoke with reporters on a conference call earlier today about his signing with Tampa Bay. The veteran second baseman/outfielder said he respected the Rays way of playing baseball under manager Joe Maddon, which made joining the franchise an easy decision. "I wasn't surprised they were interested. I knew if I wanted to go to Tampa I had to be willing to move around. They called and I was happy hear from them."

Here is what's happening around the league…

  • Scott Boras denied his involvement with the planting of a rumor about his client Jose Valverde and an imminent deal with the Marlins, reports Clark Spencer of the Miami Herald. 
  • Mychal Givens will no longer play shortstop in the minors for the Orioles, but rather try his hand at pitching, writes Steve Melewski of MASNSports.com. 
  • Reds GM Walt Jocketty has yet to hear any updates from Scott Rolen while he remains at a stalemate with his four remaining arbitration-eligible players, says Mark Sheldon of MLB.com.
  • Francisco Liriano's deal with the Pirates remains on track to become official, but will not do so until his non-throwing arm heals so the veteran can take a physical, according to Jon Heyman of CBSSports.com (via Twitter).
  • Derek Lowe will wait to see what other offers come his way after passing on a minor league deal from the Rockies, writes Troy Renck of the Denver Post (on Twitter). 
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Baltimore Orioles Cincinnati Reds Colorado Rockies Pittsburgh Pirates Tampa Bay Rays Derek Lowe Francisco Liriano Kelly Johnson Scott Boras

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Quick Hits: Marlins, Reds, Bourn, Lohse, Hendrickson

By Zachary Links | February 2, 2013 at 8:09pm CDT

As February gets underway, Michael Bourn still stands as the best available free agent on the open market.  Jim Bowden of ESPN.com (on Twitter) opines that the Mets, Mariners, and Rays are the teams that make the most sense for the center fielder.  As for the best starter left on the free agent pile, Bowden sees the Red Sox, Rangers, Angels, Brewers, and Orioles as the best fits for Kyle Lohse.  Here's more from around baseball..

  • Don't look for the Marlins to make any major moves the remainder of the offseason, says Juan C. Rodriguez of the South Florida Sun-Sentinel (via Twitter). The team will enter spring training with the roster it currently has in place.
  • Regardless of whether or not Scott Rolen joins the Reds, John Fay of the Cincinnati Enquirer writes that the club is facing a serious roster crunch.  It seems that the veteran wants to play in 2013 but money will be a determining factor in his decision.  Recently, the Dodgers reached out to Rolen to express interest.
  • The Orioles expect to announce the signing of veteran left-handerMark Hendrickson to a minor league contract with a spring training invite early next week, according to Roch Kubatko of MASNsports.com.  The O's also hope to announce their deal with Jair Jurrjens and remain interested in bringing Joe Saunders back despite the depth that they've added.
  • Torii Hunter says that enjoyed his time with the Angels, but he also felt misled when the club told him they didn't have enough money to keep him before signing Josh Hamilton to a five-year, $125MM deal, writes Mike DiGiovanna of the Los Angeles Times.  The veteran hooked on with the Tigers this winter in pursuit of a World Series ring.
  • The Tigers had a tough time trying to find organizational depth this winter as many players figured that their path to the majors would be blocked, writes George Sipple of the Detroit Free Press.  Regardless, assistant General Manager Al Avila says that the club is done signing minor league players and is ready for spring training.

Daniel Seco contributed to this post.

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Baltimore Orioles Boston Red Sox Cincinnati Reds Detroit Tigers Los Angeles Angels Miami Marlins Milwaukee Brewers New York Mets Seattle Mariners Tampa Bay Rays Joe Saunders Mark Hendrickson Scott Rolen Torii Hunter

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Quick Hits: Brewers, Lyon, Reds

By Ben Nicholson-Smith | February 1, 2013 at 4:44pm CDT

The latest from around MLB…

  • Rays closer Fernando Rodney continues to express confidence at the Caribbean Series that he'll get a two-year extension finalized, Alden Gonzalez of MLB.com reports (on Twitter). Agent Dan Lozano recently said no talks have taken place between the Rays and Rodney, who's entering the final year of his contract.
  • Though the Brewers wanted to sign Lyle Overbay and Juan Rivera, the free agents went to American League teams in part because NL teams can't offer playing time as a DH, Ken Rosenthal of FOX Sports reports (on Twitter).
  • Free agent reliever Brandon Lyon is still talking to several teams yet nothing is imminent, Adam Rubin of ESPNNewYork.com reports (on Twitter). Meister Sports Management represents the right-hander.
  • The Reds are monitoring the relief market and could make a deal if the price is low enough, ESPN.com’s Jerry Crasnick reported this morning (Twitter links). Though the Reds like their bullpen, GM Walt Jocketty acknowledged the team is "looking.''  The Reds have added Manny Parra since Crasnick provided this update, so it's not clear if they'll continue searching for arms.
  • MLBTR is seeking someone to lead an effort to fix a bug a few readers are experiencing, in which ads display incorrectly. Experience with DFP Small Business and TypePad is a plus. If you're interested in this job, please email Tim Dierkes at mlbtrhelp@gmail.com and explain your qualifications.
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Cincinnati Reds Milwaukee Brewers Tampa Bay Rays Brandon Lyon Fernando Rodney Juan Rivera Lyle Overbay

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Reds Sign Parra, Designate Redmond

By Ben Nicholson-Smith | February 1, 2013 at 4:34pm CDT

4:34pm: Parra obtained a Major League deal with a base salary of $1MM, Ken Rosenthal of FOX Sports reports (on Twitter). Parra can earn another $400K in appearance bonuses.

4:06pm: The Reds announced that they signed left-hander Manny Parra to a one-year contract (Twitter link). The club designated right-hander Todd Redmond for assignment in a corresponding move.

Parra appeared in 62 games for the Brewers in 2012, posting a 5.06 ERA with 9.4 K/9 and 5.4 BB/9 in 58 2/3 innings of relief work. The Brewers non-tendered the 30-year-old earlier in the offseason instead of paying him a projected $1.6MM salary. Parra, a CAA Sports client, also drew interest from the Cardinals, Pirates and Mets this winter. He joins a Reds bullpen that includes left-hander Sean Marshall. 

Redmond made his MLB debut in 2012, starting one game at the big league level. The 27-year-old spent most of the season at Triple-A, where he posted a 3.63 ERA with 8.2 K/9 and 2.4 BB/9 in 148 2/3 innings. The Reds acquired him from the Braves for Paul Janish last July.

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Cincinnati Reds Transactions Manny Parra Todd Redmond

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