Reds Exercise Phillips’ Option, Decline Cordero’s

The Reds announced that they exercised Brandon Phillips' 2012 option and declined their option for Francisco Cordero (Twitter link). The Reds will pay Cordero a $1MM buyout instead of a $12MM salary and they'll pay Phillips a $12MM salary instead of a $1MM buyout.

Phillips, 30, hit .300/.353/.457 with 18 homers in 674 plate appearances for Cincinnati in 2011. He has made his desire for an extension clear, stating in September that it would feel like “a slap in my face” if the Reds pick up the option without talking long-term deal. But if the sides do discuss an extension, don't expect a hometown discount "There’s no homeboy hookup. That ain’t going to work," Phillips said.

The Reds discussed an extension for Cordero, a Type A free agent, toward the end of the regular season. MLBTR's Tim Dierkes explained in his recent offseason outlook article that the Reds "can't afford to commit $5MM a year for two more seasons of Cordero."

NL Central Notes: Pujols, Oswalt, Pirates, LaHair

The Cardinals and their fans may still be celebrating Friday's World Series victory, but it won't be long before a pair of the club's most prominent members will face decisions on their futures. Cards president Bill DeWitt III spoke to Jon Paul Morosi of FOX Sports about Albert Pujols and Tony La Russa, two men without contracts for 2012:

"I don't want to prognosticate at all, but in the next week or so we'll hear from [La Russa]…. Albert may take a little while, I guess…. Who knows? Maybe we'll get something done in the quiet period (during which teams are only permitted to negotiate with their own free agents). But if you've waited this long, you're probably going to see what's out there."

Here are the rest of the morning's notes and rumors from the NL Central:

  • Bryan Burwell of the St. Louis Post-Dispatch is surprised by DeWitt's lack of urgency regarding Pujols, and wonders if it's a good idea to allow the slugger to be wooed by teams who may be more aggressive than the Cardinals.
  • Fielding Reds-related questions for the Dayton Daily News, Hal McCoy says it's unlikely that Cincinnati makes a play for Roy Oswalt.
  • The Pirates will likely look at second- or third-tier free agents, but they won't make a huge splash this winter, writes Rob Biertempfel of the Pittsburgh Tribune-Review. Biertempfel says the Bucs will be shopping for a catcher, a first baseman, and starting pitching, naming Jason Varitek, Rod Barajas, Jeff Francis, and Chris Young as a few possible targets.
  • In a Twitter exchange, Patrick Newman of NPB Tracker and Kevin Goldstein of Baseball Prospectus discuss Bryan LaHair of the Cubs and former Pirates outfielder Lastings Milledge, two players being eyed by Japanese teams. Goldstein suggests the Cubs would like to hang on to LaHair, but hears rumblings that Milledge could sign in Japan as early as next week (all four Twitter links).

Heyman On Beltran, Reds, Fielder, CBA

The latest from Jon Heyman of SI.com:

  • The Red Sox are expected to pursue Carlos Beltran, according to Heyman. Beltran won’t cost a draft pick and posted a .300/.385/.525 line in 2011, but he would block Josh Reddick in right field. He’d be replacing fellow Scott Boras client J.D. Drew.
  • The Reds are “still thinking about” Francisco Cordero’s $12MM option for 2012. Cincinnati considered an extension for Cordero in September. For all fantasy baseball updates on relievers, go to CloserNews.com and follow @closernews on Twitter.
  • The Mariners are believed to be eyeing free agent first baseman Prince Fielder. Seattle GM Jack Zduriencik drafted Fielder with the Brewers, but the Mariners already have switch-hitting first baseman Justin Smoak in place.
  • Heyman hears that the players and owners may compromise on the issue of slotting in the upcoming collective bargaining agreement. The sides may be discussing a tax system for draft bonuses that would limit spending to an extent.

Fred Lewis, Chad Reineke Elect Free Agency

Fred Lewis and Chad Reineke have elected free agency, according to Reds assistant director of media relations Jamie Ramsey.  Both players made their decision earlier in October.

Lewis signed a one-year, $900K deal with Cincinnati in January and looked to add some left-handed hitting depth to the Reds' outfield.  Lewis, however, hit .230/.321/.317 in 210 plate appearances this season, with all but 13 of those PAs coming against right-handed pitching.  He was also caught five times in seven steal attempts and spent time on the DL with an oblique injury.

Reineke, 29, appeared in just two games with the Reds last season and has seven Major League appearances (five of them starts) to his name over three seasons.  The right-hander re-signed with Cincinnati last year after entering free agency, so don't be surprised to see Reineke ink another minor league deal with the Reds sometime this winter.  Reineke had a 3.84 ERA in 25 games (22 starts) with Triple-A Louisville in 2011.

Offseason Outlook: Cincinnati Reds

Look for the Reds to be active on the trade market, as GM Walt Jocketty decides whether to use his trade chips and limited payroll flexibility on a front-of-the-rotation starter or a middle-of-the-order bat.

Guaranteed Contracts

Contractual Options

Arbitration Eligible Players (estimated salaries)

Free Agents

The Reds had a strong offense again in 2011, but were unable to muster the needed support from their starting pitching.  GM Walt Jocketty continues to face limited payroll flexibility, especially if he retains certain veterans.  Jocketty's own situation was resolved in September, when ownership extended him through 2014.

There's little doubt Phillips will return in 2012, though the second baseman has indicated he'd be insulted if the Reds merely pick up his option rather than extend him.  That's just talk, though — Phillips would have no basis to demand a trade, and if his performance drops off significantly it will affect his free agent payday.  An extension could help the Reds in the short-term by potentially reducing Phillips' 2012 salary, though he's said there will be no "homeboy hookup."  If Dan Uggla's contract is a guide, the Reds should be prepared to pay Phillips $13MM annually or else move on. 

Keeping one of the game's best second basemen makes sense, but hopefully, Jocketty keeps the price down on a potential two-year deal to retain Cordero.  The 36-year-old became a low-strikeout groundball pitcher this year.  The transformation was effective in 2011, but the Reds can't afford to commit $5MM a year for two more seasons of Cordero.  That'd be placing a premium on the save statistic, a market inefficiency the Reds should avoid.  

If the Reds have an $83MM payroll next year and retain Phillips for $12MM and Cordero for $5MM, that'd leave only $7MM in flexibility before considering minimum salary players.  The Reds could free up payroll by trading disappointing arbitration eligible players like Masset, Volquez, or Bailey, but they all project affordably at around $2MM each.  

In September, Ken Rosenthal of FOX Sports wrote the Reds' number one goal is to add a middle-of-the-order hitter at left field, third base, shortstop, or center field.  The Reds have solid incumbents at each spot, led by Alonso, Rolen, Zack Cozart, and Drew Stubbs.  Grady Sizemore could be an interesting free agent target, otherwise, those are tough positions to fill with affordable middle-of-the-order bats through any means.

The rotation is another big need, one Jocketty tried to address by checking in on Ubaldo Jimenez and James Shields at the trade deadline.  The Reds are deep in fourth and fifth starter types, said pitching coach Bryan Price in September, but they need a number two type at the front.  The Reds have starters with good stuff, but their most dynamic young pitchers seem unlikely to rack up 200 innings.  Chapman will probably get a look, but he's a wild card if there ever was one. 

The Reds have trade bait all over the place with their depth at catcher, interesting young starters, and promising position players in Alonso and Chris Heisey.  Alonso is a first baseman by trade, but he's penciled in as a left fielder due to Votto's presence.  If Alonso's big league debut this year was any indication, they're not going to find a better bat on the trade market.  Perhaps a Votto trade will make sense a year from now and Alonso can play left field until then.  The problem is the Reds can't acquire a front-rotation starter like Shields without starting their offer with Devin Mesoraco or Alonso.  The Reds could match up well with the White Sox, who may listen on Gavin Floyd, John Danks, and Carlos Quentin.

The Reds are likely to lose a top offensive catcher in Hernandez, but Mesoraco appears as one of few catching prospects able to replace his bat.  An arbitration offer is probably in order for Hernandez, a Type A free agent.

The Reds' offense should remain strong, especially if they get more out of Stubbs or Rolen next year.  Jocketty's big challenge is trading for an affordable front-line starter, especially since top chips Mesoraco and Alonso are penciled in for important roles next year.

Quick Hits: Byrnes, Reds, Uehara, Young, Inge

The World Series is tied at a game apiece after the Rangers' thrilling 2-1 victory over the Cardinals tonight.  As we look forward to Game Three on Saturday night at Rangers Ballpark in Arlington, here are a few news items to round out the evening…

  • The Diamondbacks will receive "a significant level of financial relief – and perhaps total relief" when and if Josh Byrnes becomes the Padres' new general manager, reports Nick Piecoro of the Arizona Republic.  Byrnes had five and a half years remaining on his contract with Arizona when he was fired on July 1, 2010, but the Snakes could be off the hook for the remaining four years left on that deal should Byrnes get another GM job.
  • There is nothing new to report on the Reds' negotiations with Brandon Phillips or Francisco Cordero, Reds GM Walt Jocketty tells MLB.com's Mark Sheldon.
  • Koji Uehara has told people close to him that he wants to return to the Orioles, reports MLB.com's Brittany Ghiroli.  After being dealt to Texas in July, Uehara struggled in the first two rounds of the playoffs and was left off the Rangers' World Series roster.  The Japanese right-hander made enough appearances to activate a $4MM vesting option for 2012, so if the O's want Uehara back, the Rangers would probably be happy to unload him.
  • The Red Sox have given the Athletics permission to interview pitching coach Curt Young about the pitching coach vacancy in Oakland, reports Scott Lauber of the Boston HeraldJoe Stiglich of the Bay Area News Group (Twitter link) reports Young and the A's are already in negotiations.  Young served as Oakland's pitching coach from 2004-2010 before going to Boston to replace John Farrell last winter.
  • The Tigers have enough money coming off the books this winter that Tom Gage of the Detroit News thinks Brandon Inge's contract could be swallowed if the team can find a better third base option on the trade market.  Inge is set to earn $5.5MM in 2012 and the Tigers hold a $6MM club option on their longtime third baseman for 2013.

AL West Notes: Rangers, Wilson, Feliz, Angels, A’s

With tonight's victory, the Rangers became the first AL West team to win consecutive pennants since the A's won three straight American League titles between 1988 and 1990.  Here are a few news items from around the division….

  • Despite recent rumors, the Rangers say there's "no way" they'll throw money at CC Sabathia this offseason, reports Danny Knobler of CBSSports.com (Twitter links). If Texas does decide to go after a starter from outside the organization, it would probably be Yu Darvish.
  • "[C.J. Wilson] wants $100MM, and he's not getting that from us," a Rangers source tells Danny Knobler of CBSSports.com.  The source says that if Wilson leaves Texas for free agency, Alexi Ogando and Neftali Feliz would both be converted into starting pitchers next season.
  • The Angels may be close to a new television contract with FOX Sports, reports Bill Shaikin of the Los Angeles Times.  A filing from Major League Baseball (in the ongoing legal case with Frank McCourt) stated that the Halos are "expected to close a new transaction" in regards to a new TV deal.  Shaikin hears from sources that "no deal is imminent" but FOX and the Angels have been in negotiations.  Shaikin speculates that the contract could exceed the Rangers' recent 20-year, $1.6BB TV contract with FOX.
  • The Athletics were denied permission to interview Reds pitching coach Bryan Price, reports ESPN's Buster Olney (Twitter link).  Price's contract in Cincinnati expires after next season.
  • Athletics scouts were against the December 2005 trade of then-prospect Andre Ethier to the Dodgers for Milton Bradley, tweets Tom Krasovic of West Coast Bias.

Central Links: Tigers, Avila, Votto, Epstein

The Rangers and Tigers are playing Game Six of the ALCS tonight, and Evan Grant of The Dallas Morning News looks at how the 1999 trade that sent Juan Gonzalez from Texas to Detroit is still helping the Rangers today. Here are some links from baseball's two central divisions…

  • Regardless of how the rest of their season plays out, David Mayo of The Grand Rapids Press says the Tigers won't have many issues to address this winter. Second base and a left-handed starter figure to top their shopping list, and $23MM is coming off the books in the form of Magglio Ordonez and Carlos Guillen.
  • Tigers assistant GM Al Avila has been mentioned as a GM candidate around the league, but ESPN's Jerry Crasnick says it's probably a long shot (all four Twitter links). "I'm very happy here,'' said Avila, who recently signed a four-year extension. "I have a great relationship with the ownership, and I've worked for [Dave Dombrowski] for 20 years.'' Danny Knobler of CBSSports.com says Avila's new contract prohibits him from interviewing for a GM job (on Twitter).
  • Ken Rosenthal of FOX Sports says the Reds don't have to rush into a trade involving Joey Votto. They can wait until free agents Prince Fielder and Albert Pujols sign, which will give them an idea of what an extension for Votto would cost. It would also shed some light on potential trade suitors. GM Walt Jocketty recently shot down all the trade talk, however.
  • While we wait for the Cubs and Red Sox to agree on compensation for Theo Epstein, Gordon Wittenmyer of The Chicago Sun Times says the GM will have a much tougher time turning the Cubs around than he did Boston nine years ago.

Managers And GMs Entering Their Contract Year

As Jim Riggleman would tell you, everyone in baseball wants more job security.  Here is a list of managers and general managers whose contracts expire after 2012, featuring both extension candidates and those on the hot seat this winter.  (Thanks to the always-invaluable Cot's Baseball Contracts for many of the details.)

White Sox: Kenny Williams has a rolling contract that automatically extends itself every year.  Should Williams be fired, the Sox will owe him one year's worth of severance pay.  With Ozzie Guillen now managing the Marlins, the spotlight will be directly on Williams to get the White Sox back on track following their rough 2011 season.  Williams has already made one roll of the dice by hiring first-time manager Robin Ventura.  White Sox owner Jerry Reinsdorf and Williams have a strong relationship, but if the team struggles again in 2012, the Sox could blow things up and rebuild under a new general manager.

Tigers: Jim Leyland entered this season as a lame duck and signed just a one-year contract extension from Detroit in August.  This relative lack of security is how Leyland prefers it, however, since he isn't sure how much longer he'll continue to manage.  Given the Tigers' success, one would think they'll let Leyland go year-to-year for as long as he feels up to the job.

Royals: Ned Yost is entering the last year of his contract and I would guess that he'll receive another.  While the Royals don't expect any on-field success right now, the onus is on Yost to ensure that Kansas City's wealth of young prospects continue to develop.  Yost will return as K.C.'s manager in 2013 unless the Royals heavily regress from their 71-91 record of last year, or (even worse) the likes of Mike Moustakas, Eric Hosmer and Danny Duffy hit a snag in their Major League seasoning.

Rockies: Colorado's disappointing 2011 campaign puts the pressure on manager Jim Tracy, who is entering the final year of his original three-year pact with the team.  GM Dan O'Dowd recently told Troy Renck of the Denver Post that he doesn't foresee any problems with Tracy working as a lame duck.  "Jim is signed through next year and we'd love to have him be manager here for much longer than that," O'Dowd said.

Reds: Dusty Baker signed a two-year extension with the Reds last October.  If Cincinnati takes the unlikely step of trading Joey Votto and starting a mini-rebuilding phase, Baker may not want to stick around while the club builds itself back into a contender.  A Votto deal is a long shot (at least in the short term), however, so barring a poor season for the Reds in 2012, the team will probably pursue another extension with Baker next winter.

Rays: Because Andrew Friedman works without an official contract, his name was already linked to the GM's openings with the Cubs and Astros earlier this year.  Friedman has said he enjoys the challenge of working in Tampa Bay and it would be odd for him to walk away given that the Rays are contenders now and for the foreseeable future given their deep minor league system.  Manager Joe Maddon is similarly very likely to stay, even though his three-year contract runs out after next season.  Tampa Bay's shaky financial situation makes Maddon's status a very minor question mark, but one would think the Rays will do everything in their power to keep Maddon, especially since owner Stu Sternberg said he expects Maddon to manage the team beyond 2012.

Rangers: Ron Washington signed a two-year extension through 2012 in the wake of the Rangers' AL pennant last season.  With Texas on the verge of another World Series appearance, Washington looks to be in line for another new deal.

Indians: GM Chris Antonetti's original five-year contract is up after 2012 and the Indians' progress would indicate that the club will pursue an extension.  The Tribe picked up Manny Acta's 2013 option last month.

Giants: Brian Sabean and Bruce Bochy both had their options for 2012 picked up last February, an expected move given San Francisco's 2010 World Series title.  That championship also probably ensures both men will receive extensions at some point over the next year since incoming team CEO Laurence Baer has stated that he wants Sabean and Bochy to stay.  Unless the Giants have a disastrous 2012 campaign, expect Sabean and Bochy to be in San Francisco for years to come.

Dodgers: Ned Colletti can either activate an out clause in his contract after 2012, or 2012 is actually the last year on his deal.  Either way, the general manager will likely be pursued by the club to sign an extension given how competitive the Dodgers were this season in the wake of the ongoing ownership mess.  Of course, Colletti could choose to leave given the uncertainty with the McCourts.  Chicago native Colletti drew some attention from the Cubs last summer, before the Theo Epstein hiring.

Diamondbacks: 2012 is the last guaranteed year for both Kevin Towers and Kirk Gibson, though Towers had club options for 2013-14 and 2015-16, and Gibson has a club option for 2013.  Neither man is going anywhere in the wake of Arizona's surprise run to the NL West crown.

Cubs: Mike Quade is signed through 2012 with a club option for 2013.  Rumors are already swirling that Ryne Sandberg could be hired as the Cubs' new manager once Theo Epstein takes over, so Quade could be out of a job once the Epstein era officially begins in Chicago.  

Cardinals: Tony La Russa and the Cards have a mutual option for 2012 and the latest indication is that La Russa wishes to return for another season.  The manager could have a change of heart should Albert Pujols leave for free agency, though La Russa's return could provide some incentive for Pujols to also stay in St. Louis.  It's also worth noting that La Russa is just 35 wins behind John McGraw for second place on the list of all-time regular season managerial wins.

Brewers: Doug Melvin's contract expires after 2012 and given Milwaukee's success this season, he seems like a sure bet to receive an extension.  It will be interesting to see how long a Melvin extension would run; ownership may not want to commit to Melvin for more than three years just to see how he operates in a post-Prince Fielder environment in Milwaukee.  Ron Roenicke is also technically out of contract after next year, but the Brewers hold a club option on the manager for 2013 that is very likely to be exercised.  A new multiyear deal for Roenicke is also not out of the question.

Astros: General manager Ed Wade's deal is up after 2012 but his tenure in Houston could finish early once the sale of the team to Jim Crane is finalized.  A new GM could also spell the end of Brad Mills as the manager, who is contracted through 2012 with a club option for 2013.  While Mills did lead the Astros to the worst record (56-106) in franchise history last season, he didn't have much talent to work with on the Houston roster.

Quick Hits: McCourt, Maholm, Mariners, Axford

Another night, another pair of exciting LCS games.  The Tigers succeeded in stretching the ALCS to a sixth game while the Brewers evened the NLCS at 2-2 with the Cardinals. 

Here's the latest from around the majors….

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