Reds, Others Maintain Interest In Cordero
Multiple teams remain interested in signing free agent closer Francisco Cordero and agent Bean Stringfellow is discussing multiyear deals at least one of them, Mark Sheldon of MLB.com reports. The Reds remain interested, but Cincinnati GM Walt Jocketty says he isn’t prepared to guarantee more than one year.
"We're looking at one year or one year with an option," Jocketty said. "That's all it could be, right now."
The Reds are in regular communication about Cordero and a couple of other teams are involved, Stringfellow said. The agent doesn’t expect Cordero to be a free agent for much longer and suggested a deal may occur within ten days.
The 36-year-old posted a 2.45 ERA with 5.4 K/9, 2.8 BB/9 and a 50% ground ball rate in 69 2/3 innings for the Reds this past season. Cordero reached the 30-save plateau for the fifth consecutive season, saving 37 games. However, his average fastball velocity dropped to 93 mph and peripheral stats such as xFIP (4.14) and SIERA (3.91) suggest his 2.45 ERA may be artificially low. The three-time All-Star has also been linked to the Rays, Red Sox and Angels this offseason.
Extension Candidate: Sean Marshall
While Cubs closer Carlos Marmol grabbed attention the past couple years for his staggering strikeout rate and spectacularly excruciating blown saves, North Siders fans and fantasy owners in holds leagues alike will tell you that left-hander Sean Marshall was something of an underappreciated gem in Chicago's bullpen.
Indeed, after struggling as a starter early in his career, Marshall, 29, has settled in nicely as a reliever, serving as a dominant setup man in his two seasons spent exclusively in the bullpen. Last year was his finest, as the southpaw posted a 2.26 ERA, 9.40 K/9, 2.02 BB/9, 57.5% groundball rate and compiled 2.8 WAR. Apparently, the Cubs' division rivals took note, as Marshall changed uniforms within the NL Central in December, joining the Reds in a seemingly out-of-nowhere trade that sent Travis Wood back to the Cubs.
Marshall is set to earn $3.1MM in 2012 and is scheduled to hit free agency after the season, although Reds GM Walt Jocketty indicated that Marshall's foray into the open market may never come to fruition: "No guarantees, but we're going to try to sign him." Interestingly, Jocketty also said the Reds have not yet deterimed Marshall's role and left open the possibility of the left-hander closing, contingent upon whether they sign someone else to handle the ninth.
While we could debate the merits of strict bullpen distinctions such as "setup men" and "closers," the fact is that pitchers in those respective groups are usually compensated differently. So the uncertainty regarding Marshall's role and the Reds' interest in, or ability to, procure a so-called closer may be more than a minor footnote to the trade, at least with respect to Marshall's next contract.
If Marshall and his representatives at Meister Sports Management are amenable to signing an extension now – and reading the tea leaves from Jocketty's comments, they might be – they'll likely use the three-year, $15MM deal lefty Scott Downs signed with the Angels last offseason as a starting point in negotiations. And in light of the big contracts relievers have been securing this offseason, an annual average salary of $5MM is probably modest, so it could be bumped up from there.
The bird-in-hand philosophy could probably make Marshall a wealthy man before he even throws a pitch in 2012, but if he wants to leave open the possibility of getting paid like a closer, he could opt to play out his contract year. This would be an especially risky tack for a reliever, who are notoriously volatile from year to year, but could prove lucrative if Marshall is thrust into closing, approximates his 2011 numbers and hits free agency as a 30-year-old coming off a season in which he sewed up 35 or 40 saves.
While there are a few conditions that have to fall into place in that scenario for Marshall before we get ahead of ourselves, it's worth noting that Ryan Madson basically followed a similar arc and positioned himself for a windfall heading into this offseason.
Reds Rumors: Cordero, Madson, Phillips, Theriot
The Reds acquired Sean Marshall from the Cubs one week ago, but it doesn't sound like there are any other moves coming in the immediate future. “I’ve spoken to some agents and some clubs,” said GM Walt Jocketty to John Fay of The Cincinnati Enquirer. “But everyone kind of shuts it down until after the first of the year.”
Here's the latest from Cincy, courtesy of Fay…
- “We’ve made an offer,” said Jocketty, referring to Francisco Cordero. “He’s deciding what to do. He’s got a couple of other offers.” Jocketty said it's a one-year offer, and Fay guesses it's for $7MM or less.
- The Reds have not talked to Ryan Madson's people, which would mean Scott Boras.
- “We decided to table it 'til January,” said Jocketty, referring to talks with Brandon Phillips about a contract extension. Earlier this month we heard the two sides had made some progress.
- The Reds have spoken to Ryan Theriot's representatives, but nothing is close. “We’re trying to get a hitter first,” Jocketty said, and that hitter would have to be an outfielder according to Fay.
AL West Links: Athletics, Suzuki, Trumbo, Mariners
Five years ago today, the Rangers traded John Danks, Nick Masset, and Jacob Rasner for the White Sox for Brandon McCarthy and David Paisano. Danks developed into a rock solid starter for Chicago (and recently agreed to a big extension), but McCarthy battled injuries and pitched to a 4.68 ERA during his four years with Texas. Here's the latest from the AL West…
- In today's Insider-only blog post, ESPN's Buster Olney says the Athletics never got into deep talks with the Reds about Gio Gonzalez, but they would not have traded the lefty for the four-player package Cincinnati gave up for Mat Latos.
- Within the same piece, Olney wonders if the Athletics will eventually trade Kurt Suzuki after acquiring Derek Norris in the Gonzalez trade. Suzuki is under contract through 2013 for a total of $11.45MM, plus the team holds an $8.5MM club option for 2014. The 28-year-old backstop hit just .237/.301/.385 in 2011, though he's started at least 120 games behind the plate in each of the last four seasons.
- Jon Paul Morosi of FOXSports suggests that the Angels trade Mark Trumbo this offseason while his value is high (all Twitter links). Enough teams need a power bat that there will be a market for him, and Morosi speculates about a fit between the Halos and Indians. He notes that the Angels are looking for bullpen help, and the Tribe have some arms to spare.
- Some Athletics people were hoping the Rangers didn't win the bidding for Yu Darvish because they felt Texas could offer more for Gonzalez than what they got from the Nationals according to Danny Knobler of CBSSports.com (on Twitter).
- Geoff Baker of The Seattle Times hears that the Mariners will declare a $6.75MM operating loss in 2011, the second largest of the Safeco Field era behind 2008 (Twitter link). Baker says the team has past surplus revenue to cover the loss.
Jocketty On Marshall, Cordero, Brackman
The Reds acquired shutdown lefty Sean Marshall from the Cubs for three young players earlier today, and they also claimed righty Josh Judy off waivers. GM Walt Jocketty spoke to reporters about the moves and more this afternoon, so let's recap…
- The two sides first talked about a potential Marshall trade during the GM meetings in November, reports Bruce Miles of The Daily Herald (Twitter links). Jocketty joked that his team couldn't figure out how to hit Marshall, so they decided to trade for him.
- "No guarantees, but we're going to try to sign him," said Jocketty when asked about a long-term contract for Marshall according to John Fay of The Cincinnati Enquirer (on Twitter). The southpaw can become a free agent after the 2012 season.
- Jocketty said if they don't sign a closer, it's a "possibility" that they'll use Marshall in that role according to Fay (on Twitter). He acknowledged that they are still talking to Francisco Cordero about a possible return.
- “After the first of the year, we’ll take a look at some things," said Jockett to reporters (including MLB.com's Mark Sheldon). "We still want to address our bench, maybe left field and see what we can do.”
- Within Sheldon's piece, he also reports that the Andrew Brackman signing is not yet official, but it should be done any day now. "I’m not sure what’s holding it up to be honest," said the GM.
Reds Claim Josh Judy Off Waivers
The Reds have claimed Josh Judy off waivers from the Indians, reports MLB.com's Jordan Bastian (on Twitter). Judy was designated for assignment last week to clear room on the 40-man roster for the recently acquired Aaron Cunningham.
Judy, 25, was a 34th-round draft pick for the Tribe in 2007. He made his Major League debut last season, posting a 7.07 ERA in 14 innings out of the Cleveland bullpen. Judy has some impressive numbers over five seasons in the minors (career 2.81 ERA, 10.4 K/9 rate, 2.4 K/BB ratio), so it's not surprising he was claimed. Cincinnati's 40-man roster is now at 37.
Reds Acquire Sean Marshall For Travis Wood, Others
The Reds have already improved their starting rotation with the addition of Mat Latos this offseason, and now they've bolstered the bullpen. In a rare intra-division trade, Cincinnati has acquired lefty reliever Sean Marshall from the Cubs for Travis Wood, Dave Sappelt, and Ronald Torreyes. Both teams have announced the trade.
Marshall, 29, has established himself as one of the game's top left-handed relievers. He posted a 2.26 ERA with 9.4 K/9, 2.0 BB/9 and a 57.5% ground ball rate in 2011. He'll earn $3.1MM during the 2012 season, after which he's eligible for free agency. The Reds have been looking for a closer, but it's not clear how they'll use Marshall and how his presence will affect Cincinnati's interest in relievers such as Francisco Cordero.
Wood is a 24-year-old left-hander who's under team control through 2016. He posted a 4.84 ERA with 6.5 K/9 and 3.4 BB/9 with a 32.1% ground ball rate in 106 innings for the Reds this past season. Though he added value in '11, he didn't match his 2010 numbers: a 3.51 ERA with 7.5 K/9 and 2.3 BB/9 in 102 2/3 innings.
Sappelt, a 24-year-old outfielder, hit .243/.289/.318 in 118 plate appearances for Cincinnati last year, his big league debut. He produced a .313/.377/.458 batting line in 336 plate appearances for their Triple-A affiliate in 2011. Torreyes, a 19-year-old infielder, posted a .356/.398/.457 batting line in 306 plate appearances at the Low Class-A level this past season. Baseball America ranked Sappelt and Torreyes as the Reds'20th and 22nd best prospects in last year's Prospect Handbook, respectively.
Bruce Levine of ESPN Chicago broke the news of the trade agreement while ESPN's Keith Law later added details (on Twitter). Photo courtesy of Icon SMI.
Mike Axisa contributed to this post.
Minor Moves: Brian Esposito
We'll keep track of today's minor league moves right here, with the latest up top…
- The Reds have signed catcher Brian Esposito to a minor league contract with an invite to Spring Training, reports Stephen Goff of Examiner.com. The 32-year-old hasn't appeared in the big leagues since 2010, and hit .197/.227/.255 in 168 plate appearances in the Astros' farm system this past season. Goff notes that Esposito has a reputation of working well with young pitchers and essentially serving as an extra coach.
Quick Hits: Beltran, Wren, Padres, Marshall
Cornelius Alexander "Connie" Mack was born on this day in 1862. After an 11-year playing career, Mack went on to become the manager and co-owner of the Philadelphia Athletics in 1901 and was a fixture in the A's dugout for the next half-century. Between his 50 years with the A's (and three years managing the Pirates from 1894-96), Mack won five World Series titles and compiled a 3731-3948 record. Needless to say, Mack's records for managerial wins and losses will never be broken.
Some news from around the majors…
- The Indians made "an aggressive" two-year contract offer to Carlos Beltran worth "very close" to the $26MM Beltran received from the Cardinals, a source tells Paul Hoynes of the Cleveland Plain Dealer.
- The Braves have been rather quiet this offseason but "the fact is we like our team," GM Frank Wren tells David O'Brien of the Atlanta Journal-Constitution. "We continue to have some conversations,” Wren said. “We’d have liked to have gotten something done in November in some areas, but just weren’t the matches….We’re continuing to work different options. This was not a good free-agent year, not a lot of players that impacted teams, especially in the areas we would like to get better in.” Wren said the Braves may wait to see how their players perform during Spring Training before deciding if they need to bring in some new acquisitions.
- The Padres still have around $7-$9MM to spend this winter, observes Bill Center of the San Diego Union-Tribune as part of his weekly chat with fans.
- Center also discusses Anthony Rizzo trade rumors, citing the Rays and Cubs as the most interested parties. Center thinks teams who miss out on Prince Fielder (such as possibly the Mariners and Orioles) could look at Rizzo as well.
- The Reds will use Sean Marshall as a setup man, not as a closer, once their deal with the Cubs is finalized, writes John Fay of the Cincinnati Enquirer. Fay also wonders if the Reds are working out a contract extension with Marshall, as the price of Travis Wood plus two prospects seems high for a reliever who is only under control through 2012.
- The Mariners are still interested in Jeff Francis, reports Jon Paul Morosi of FOX Sports (via Twitter). Seattle wants a veteran like Francis for the rotation to serve as a bridge for the team's young pitchers. We heard about the Mariners' interest in Francis earlier this month, and the Twins, Pirates, Cubs and Rockies have also been linked to the Canadian left-hander.
- Patrick Ebert of Perfect Game runs down the 10 biggest stories that emerged from this year's amateur draft.
- Former Marlins manager Edwin Rodriguez told Todd Hollandsworth and Jim Memolo of MLB Network Radio (as reported by MLB.com's Joe Frisaro) that he didn't agree with Miami's signing of Jose Reyes. "You already have an All-Star shortstop, why spend money on another All-Star shortstop?" Rodriguez asked. "Why not put the money into another player, like Albert Pujols or a front-line pitcher?” Rodriguez also wondered how "a very proud player" like Hanley Ramirez would handle switching positions and having Reyes be the center of media attention in Miami.
- The Giants haven't spent much to address their lack of hitting this winter, writes Fangraphs' Wendy Thurm.
Reds, Cubs Close On Swapping Wood, Marshall
11:52pm: The deal is close, a source tells Bruce Levine of ESPNChicago.com, and it includes the Cubs receiving two minor leaguers along with Wood. Rosenthal and Morosi say the trade discussions are in the advanced stages.
9:12pm: The Reds and Cubs are discussing a trade that would involve starter Travis Wood going to Chicago in exchange for reliever Sean Marshall, Major League sources tell Ken Rosenthal and Jon Paul Morosi of FOXSports.com. It's not known whether other players would be included in the potential swap, according to the report.
After acquiring Mat Latos in a trade with the Padres last week, Reds GM Walt Jocketty suggested he'd like to focus on bolstering his bullpen. Cincinnati is without a nominal closer as of now – incumbent Francisco Cordero remains on the free agent market - so perhaps Marshall, who has settled in as an effective late-inning reliever for the Cubs the past couple seasons, could man that role for the Reds.
Wood, meanwhile, is a player Cubs president Theo Epstein liked last season when Epstein was still with the Red Sox, the sources tell FOXSports. In just about one full season of work – 35 starts, 208 innings over two seasons – at the Major League level, Wood has posted 6.99 K/9, 2.85 BB/9 and a tendency to produce fly balls (31.4% GB rate).
Despite being only 24 and under team control for five more years, Wood has perhaps become expendable with the Reds now having six other starters in Latos, Johnny Cueto, Mike Leake, Homer Bailey, Bronson Arroyo and Aroldis Chapman.
Marshall will earn $3.1MM in 2012 and is slated to become a free agent at season's end. He'll turn 30 in August.