White Sox Acquire Jose Castro
Let's keep track of the day's minor moves right here…
- The White Sox have acquired infielder Jose Castro from the Reds according to Mark Gonzales of The Chicago Tribune (on Twitter). He was assigned to Triple-A Charlotte. Castro, 25, hit .306/.343/.354 in 318 plate appearances in Cincinnati's minor league system last year. He's a .262/.307/.314 career hitter in the minors and has never played in the big leagues.
Reds To Extend Brandon Phillips
The Reds announced that they have agreed to extend second baseman Brandon Phillips through 2017. The ACES client will earn $72.5MM over the course of his new six-year contract, according to Jim Bowden of ESPN.com and MLB Network Radio.
Phillips would have been eligible for free agency following the 2012 season if the Reds hadn't locked him up. Instead, he'll be in Cincinnati through his age-36 season.
Phillips, now 30, posted a .300/.353/.457 line with 18 home runs and 38 doubles in 675 plate appearances last year. He won his third Gold Glove in 2011, and advanced assessments of his fielding confirm he is a strong defender.
This marks the second major commitment by Reds ownership in two weeks. Joey Votto agreed to terms on a ten-year, $225MM extension eight days ago.
The Expos selected Phillips in the second round of the 1999 draft and sent him to Cleveland along with Cliff Lee and Grady Sizemore for Bartolo Colon in 2002. Phillips didn't emerge as a star until the Indians traded him to Cincinnati four years later.
The Rangers agreed to a five-year, $75MM extension with second baseman Ian Kinsler last night. Both Kinsler and Phillips approached Chase Utley's record $85MM contract for second basemen without establishing a new record. That challenge falls to Robinson Cano of the Yankees.
Bowden first reported the agreement and Ken Rosenthal of FOX Sports added detail. Photo courtesy of US Presswire.
Phillips, Reds Progress Toward Extension
The Reds have agreed in principle to a six-year, $72.5MM extension with Brandon Phillips, Jim Bowden of ESPN.com and MLB Network Radio reports (Twitter links). However, the agreement is pending approval from ownership and the deal remains unconfirmed.
The Reds are prepared to guarantee six years and $72.5MM, Bowden writes. The former Reds GM predicts the sides will complete a deal within 24 hours. Ian Kinsler’s recent deal may figure in as a comparable contract.
Phillips would be eligible for free agency following the 2012 season if the Reds don't lock him up. The ACES client posted a .300/.353/.457 line with 18 home runs and 38 doubles in 675 plate appearances last year. He won his third Gold Glove in 2011, and advanced assessments of his fielding confirm he is a strong defender.
Cafardo On Kinsler, Cox, Damon, Prior, Lannan
It's clear to Nick Cafardo of the Boston Globe that the collapse of last September bothered some Red Sox players more than others. While some are using it as fuel for motivation, others seem eager to leave it in the past completely. Former Braves manager Bobby Cox told Cafardo that he preferred the latter. "The way I looked at it, you let it go both ways. If we win the World Series, I’d say enjoy it but time to get ready for the next year. Every season is different. I don’t think there should be carryover either way," Cox said. Here's more from Cafardo..
- Major league sources say that Ian Kinsler should average $13-$14MM over five or six years once his deal is done. While he and the Rangers couldn’t come to terms by Opening Day, it’s not out of the question that something gets done during the season. Brandon Phillips of the Reds should be in the Dan Uggla range – about five-years for $60MM. Dustin Pedroia's six-year, $40.5MM deal with the Red Sox now looks like bargain as it goes through 2014 with an $11MM option for 2015.
- When asked if he would consider managing again, Cox didn’t give a resounding no. "I don’t know. I don’t know. I’m done," he said. But he added, “I miss it. I miss it every day." While Cox has deep ties to Dodgers president Stan Kasten, he said he would not consider going back to being a GM. Cox is signed to be an adviser for the Braves through the 2015 season.
- When asked about Johnny Damon remaining on the open market, one AL GM was perplexed and suggested that the Rays, Indians, Orioles, and Tigers could all use him.
- Cafardo's "all-free agent team" features right-hander Roy Oswalt, Damon in center field, Hideki Matsui as DH, Vladimir Guerrero in left field, Magglio Ordonez in right, catcher Ivan Rodriguez, first baseman Derrek Lee, second baseman Aaron Miles, shortstop Felipe Lopez, third baseman Casey Blake. Oswalt tops the rotation alongside Javier Vazquez, who he notes has not officially retired. Cafardo also lists Mike Gonzalez and Arthur Rhodes as the top relievers available.
- Mark Prior’s throwing sessions have looked decent, according to major league sources, and he may be getting ready to throw for teams soon.
- Nationals pitcher John Lannan remains in limbo as he pitches in Triple-A, but as injuries mount his trade request may be heard. The left-hander is only 27 and could fit on many staffs as a fourth or fifth starter, but his $5MM salary is an obvious hurdle.
Reds Notes: Votto, Phillips, Baker
A few items of note to share out of the Queen City …
- The Reds funded Joey Votto's big contract extension with the $25MM per year they've received in revenue sharing over the past 10 years, writes Bill Madden of the New York Daily News. We've heard whispers previously that the Reds had drawn upon shared revenues to lock up Votto, though this seems to be the first mention of such a specific sum.
- GM Walt Jocketty said there's no updates on a potential contract extension for second baseman Brandon Phillips, tweets John Fay of the Cincinnati Enquirer. Jocketty, however, remains optimistic that a deal will get done within the next week or so, Fay adds. In case you missed it earlier this week, the Reds reportedly offered Phillips five years and $60MM, with a sixth year apparently being a stumbling block in negotiations.
- Reds owner Bob Castellini reiterated that Votto's extension won't interfere with the team's ability to extend Phillips or manager Dusty Baker, according to Joe Kay of the Associated Press. "It has no bearing on our conversations with Brandon Phillips and, hopefully, our conversations with Dusty as we go forward," Castellini said. Baker is in the final year of a two-year extension he inked after the 2010 campaign. This season marks his fifth on the Reds' bench.
Latest On Reds, Brandon Phillips
The Reds offered Brandon Phillips a five-year, $60MM contract extension for the 2012-16 seasons, Jim Bowden of ESPN and MLB Network Radio reports (Twitter link). One Reds source believes Phillips would sign if the Reds offer a sixth guaranteed season.
The Reds were already in serious discussions with Phillips when the club got sidetracked by the Joey Votto deal, Jon Heyman of CBSSports.com reports. Cincinnati GM Walt Jocketty said yesterday that he’s optimistic about working out an extension with his second baseman within a week. Bowden heard last night that the Reds had offered Phillips a five-year deal in the $62.5-65MM range.
Quick Hits: Phillips, Kinsler, Podsednik, Moyer
Links for Thursday, as the first full day of the regular season wraps up…
- The Reds and Rangers are working towards contract extensions with Brandon Phillips and Ian Kinsler, respectively, and ESPN's Jim Bowden says (on Twitter) there's some work left to be done on each. Phillips is expected to get $12.5-13MM annually, Kinsler $13.5-14MM.
- Scott Podsednik will report to the Phillies' Triple-A affiliate, his agent confirmed to David Murphy of The Philadelphia Daily News. Podsednik was not technically a Major League free agent this offseason since he spent all of last year in the minors, so he was unable to opt-out of his contract at the end of Spring Training.
- Jamie Moyer's can make $2MM in incentives op top of his $1.1MM base salary, Troy Renck of the Denver Post reports (on Twitter). The 49-year-old left-hander will open the season in the Rockies’ rotation.
- Cardinals right-hander Adam Wainwright took note when Matt Cain of the Giants signed earlier in the week, Joe Strauss of the St. Louis Post-Dispatch writes. "Obviously, you have to pay attention to it,"Wainwright said. "It's a tremendous deal for him." Cain obtained $112.5MM in new money from the Giants, establishing a record for right-handed pitchers.
- Ivan Rodriguez is working out and says he's in shape, according to Jon Heyman of CBSSports.com (Twitter link). Heyman suggests the Rays could be a fit for the veteran free agent.
Mike Axisa contributed to this post.
Reds Expect To Extend Brandon Phillips
6:16pm: ESPN's Jim Bowden hears that the Reds offered Phillips a five-year deal in the "neighborhood" of $62.5-65MM (Twitter link). That is just north of Dan Uggla's five-year, $62MM contract with the Braves.
3:51pm: GM Walt Jocketty said on today's TV broadcast that he's confident the Reds will complete a contract extension with Brandon Phillips within a week, according to John Fay of the Cincinnati Enquirer (on Twitter). The ACES client will be eligible for free agency following the 2012 season if the Reds don't lock him up.
Earlier this week it seemed unlikely that the Reds would lock Phillips up long-term. Ken Rosenthal of FOX Sports reported last week that the likely asking price for Phillips is a raise from his current $12MM salary on a four or five-year deal. Phillips posted a .300/.353/.457 line with 18 home runs and 38 doubles in 675 plate appearances last year. He won his third Gold Glove in 2011, and deserved it based on advanced assessments of his fielding.
The Reds announced a ten-year, $225MM extension for Joey Votto earlier this week.
Mike Axisa contributed to this post.
Extension Updates: Votto, Niese, Kinsler, Greinke
It’s been a big week for extensions, as Joey Votto and Matt Cain signed historic contracts on Monday. Here are some extension updates from around the league, starting with a couple additional notes on Votto’s deal.
- John Fay of the Cincinnati Enquirer has the annual breakdown of Votto's deal (Twitter links). He'll earn $12MM in 2014, $14MM in 2015, $20MM in 2016, $22MM in 2017, and $25MM during each of the final six years. The club option for 2024 is worth $20MM with a $7MM buyout.
- Jon Heyman of CBSSports.com has a breakdown of Jonathon Niese's new extension with the Mets (on Twitter). The southpaw gets a $250K signing bonus with annual salaries of $769.5K, $3MM, $5MM, $7MM, and $9MM. The two club options ($10MM and $11MM) can each be bought out for $500K.
- Reds president and CEO Bob Castellini was the one driving the Votto deal, ESPN.com’s Jerry Crasnick tweets. Other ownership groups have some concern over the ten-year deal, Crasnick adds.
- The Rangers are discussing a long-term deal with Ian Kinsler, and while the sides are in agreement on the contract length — six years — they haven’t yet found common ground in terms of contract value, according to Jeff Wilson of the Fort Worth Star-Telegram. Kinsler doesn’t want to negotiate after the season begins on Friday.
- Casey Close, the agent for Zack Greinke, and Brewers GM Doug Melvin will speak tomorrow to “fill each other in on where discussions stand,” the GM told Adam McCalvy of MLB.com. Greinke had been representing himself, but his new agent will handle talks from here on.
Mike Axisa contributed to this post.
Quick Hits: Oswalt, Cain, Soria, Votto, McCourt
We're less than 24 hours away from the first official game at Marlins Park, as the Fish show off their new ballpark in their season opener against the World Series champion Cardinals. Here are some news bits to tide us over in the meantime…
- The Giants' extension with Matt Cain is "a sound deal," several non-San Francisco team executives tell ESPN's Buster Olney (via Twitter).
- Roy Oswalt will likely need around 60 days of preparation time to be ready to pitch, a source tells Ken Rosenthal of FOX Sports (Twitter link). This fits with Oswalt's previous statement about looking at a midseason return.
- Royals closer Joakim Soria underwent Tommy John surgery today and the medical team "couldn't have been more pleased" with the procedure, a club source tells MLB.com's Dick Kaegel. Soria will miss the entire 2012 season recovering from the surgery.
- Joey Votto's 10-year, $225MM extension with the Reds is "one of the crazier seeming contracts in baseball history," writes Jon Heyman of CBS Sports. Heyman talks to several anonymous team executives about the contract, with theories ranging from the Reds being worried about the Dodgers' aggressive new ownership to the Reds being able to afford Votto thanks to several years of collecting luxury tax payments. Then again, one competing GM says simply, "The Reds look like they have no plan."
- Attorneys for Major League Baseball made a court filing arguing that the Dodgers shouldn't be allowed to emerge from bankruptcy until the team pays back $8.3MM worth of bills from the league, reports Bill Shaikin of the Los Angeles Times.
- Bernie Miklasz of the St. Louis Post-Dispatch looks at how some recent big contracts around baseball could impact the Cardinals. Miklasz thinks that Cain's deal will make Adam Wainwright's next contract even more expensive, but I don't agree, given that Wainwright is three years older and has a more checkered injury history.
- Several Padres players, as well as several players from the entire NL West and AL West, are discussed by opposing scouts in a chat with Tom Krasovic of Inside The Padres.