Reds Rumors

Quick Hits: Farnsworth, Durbin, Izzy, Duchscherer

By Dan Mennella | January 29, 2011 at 11:55am CDT

Here are a few items of note for Jan. 29, 53 years to the day after Stan Musial became the National League's highest-paid player with the one-year, $100K contract he signed with the Cardinals …

The Rays will pay Kyle Farnsworth $2.6MM in salary in 2011, tweets Marc Topkin of the St. Petersburg Times. If Farnsworth's option for 2012 is picked up, he will earn $3.3MM that year. If it's declined, the buyout is $650K. The deal also includes up to $300K in incentives for games finished.
The Phillies have not re-signed free-agent reliever Chad Durbin because he is seeking a two-year deal at a higher annual salary than the club is comfortable giving him, tweets Jayson Stark of ESPN.com. Philly is also intent on preserving the roster spot for the sake of grooming younger relievers, according to Stark.
The Reds will decide whether to sign free-agent reliever Jason Isringhausen after watching him throw a bullpen session on Monday in Arizona, tweets John Fay of the Cincinnati Enquirer. Isringhausen signed a minor-league deal with the Reds last July but did not appear in any games for them. He last appeared in the big leagues with the Rays in June 2009, a stint that ended when he suffered an arm injury that required Tommy John surgery.
The Orioles remain fairly interested in free-agent pitcher Justin Duchscherer after receiving positive feedback on the right-hander's Friday bullpen session, blogs Roch Kubatko of MASNsports.com.

Reds Notes: Cueto, Volquez

By Mike Axisa | January 26, 2011 at 9:47pm CDT

A few notes from the Queen City…

John Fay of The Cincinnati Enquirer has the breakdown of Johnny Cueto's new contract. The right-hander will earn $3.4MM in 2011, $5.4MM in 2012, $7.4MM in 2013, and $10MM in 2014. A $10MM club option for 2015 can be bought out for $800K.
GM Walt Jocketty told Fay that the team and Edinson Volquez are still talking about a multi-year contract extension, and that he's confident they'll get at least a one-year deal done before an arbitration hearing (Twitter link). We first heard that the two sides were talking about a deal late last week.

Reds, Cueto Sign Four-Year Extension

By Dan Mennella | January 26, 2011 at 1:00pm CDT

The Reds and right-handed pitcher Johnny Cueto signed a four-year contract extension with a club option for 2015, the team announced (on Twitter). The deal is worth $27MM, tweets Enrique Rojas of ESPNDeportes.com.

Cueto was arbitration-eligible, and he and the Reds were about $900,000 apart on their submitted salary figures, per our Arbitration Tracker. The right-hander was seeking $3.9MM, while Cincinnati offered $3MM.

The deal buys out all three years of Cueto's arbitration eligibility, plus one year of potential free agency. Rumors of the Reds and Cueto having preliminary talks about a long-term extension surfaced in early December but were relatively quiet thereafter, as Cincinnati turned its focus on extending Jay Bruce and buying out Joey Votto's three years or arbitration-eligibility.

It's been a busy and expensive offseason after a resurgent 2010 for the Reds, who've committed a combined $151MM in salaries — the majority of which went to Votto, Bruce and Cueto — tweets Fay. Edinson Volquez remains unsigned after he and the Reds exchanged arbitration figures.

The 24-year-old Cueto posted a 3.64 ERA with 6.7 K/9 and 2.7 BB/9 in 185 2/3 innings last year. He has started at least 30 games for three consecutive seasons and has career marks of 7.3 K/9, 3.1 BB/9 and a 4.27 ERA.

Quick Hits: Yankees, Bradley, Padres, Teheran

By Mark Polishuk | January 21, 2011 at 11:15pm CDT

What a day for outfielders. Johnny Damon and Manny Ramirez went to the Rays, Vernon Wells went to the Angels, Vladimir Guerrero could be going to the Orioles and maybe the greatest outfielder of all time went to a New York City public school.

Some news items on a busy Friday in the majors…

Yankee fans, be warned: SI's Tom Verducci looks at how Mark Teixeira could be headed for a decline.
The Yankees could probably afford to sign Albert Pujols as a free agent next winter, but Mike Axisa of the River Avenue Blues blog points to Teixeira's presence and the albatross of Alex Rodriguez's giant contract as reasons why Pujols just doesn't fit in the Bronx.
Geoff Baker and Larry Stone of the Seattle Times agree that a split between Milton Bradley and the Mariners would be beneficial to both the player and the team.
Jed Hoyer and Bud Black predict the Padres' offense won't suffer much of a dropoff without Adrian Gonzalez, reports MLB.com's Corey Brock. "I think our offense has the potential to be as good as last year," Hoyer said. "We lost our clear best player [Gonzalez], but we have better balance. The positions we were weak last year, we're better at now."
MLB.com's Mark Bowman profiles Julio Teheran, a 19-year-old right-hander and non-roster invitee to the Braves' Spring Training camp who has drawn comparisons to Pedro Martinez.
The Reds wanted to bring back Arthur Rhodes, but the Rangers' willingness to give Rhodes a vesting option for 2012 was an offer Cincinnati just couldn't match, says MLB.com's Mark Sheldon as part of a reader mailbag.

Reds, Volquez Discussing Extension

By Ben Nicholson-Smith | January 21, 2011 at 2:28pm CDT

The Reds have locked up Bronson Arroyo, Jay Bruce, Joey Votto and Johnny Cueto this offseason, but they may not be done yet. They are discussing the possibility of extending Edinson Volquez, according to John Fay of the Cincinnati Enquirer.

“We’re looking at both — one-year and multi-year,” GM Walt Jocketty told Fay. “We’re hopeful that we’ll get something done.”

Volquez, 27, posted a 4.31 ERA with 9.6 K/9 and 5.0 BB/9 in 62 2/3 innings last year. He has made just 21 starts since his breakout 2008 season because he underwent Tommy John surgery on his right elbow in 2009.

Volquez filed at $2MM and the Reds countered with a $1.3MM proposal earlier in the week. The right-hander is the team's lone remaining unsigned arbitration eligible player. Volquez is arbitration eligible for the first time and on track to hit free agency after the 2013 season if the Reds don't extend him.

Click here to read Howard Megdal's examination of the trade that sent Josh Hamilton to Texas for Volquez.

Quick Hits: Bradley, Reds, Perez, Yankees

By Ben Nicholson-Smith | January 19, 2011 at 10:23am CDT

On this date in 2010, Bengie Molina signed a one-year deal with San Francisco. The Giants sent the backstop to their eventual World Series opponents once Buster Posey forced his way into an everyday role. Now, Molina is the lone noteworthy free agent catcher remaining and he's without an obvious suitor. Here's the latest from around the major leagues…

Mariners GM Jack Zduriencik told MLB.com's Greg Johns that he is aware that Milton Bradley was arrested and is monitoring the situation as he awaits more information.
A baseball insider tells John Fay of the Cincinnati Enquirer that the Reds can't afford a $20MM player. That could make it difficult for the club to retain Joey Votto and Jay Bruce when their current extensions expire.
Enrique Rojas of ESPNDeportes.com hears that Odalis Perez is nearing a $300K deal with a Korean team (Twitter link). The 32-year-old left-hander last appeared in the majors for the 2008 Nationals, when he posted a 4.34 ERA with 6.7 K/9 and 3.1 BB/9 in 159 2/3 innings.
The Yankees appear to be focused on Andruw Jones, but Ken Rosenthal of FOX Sports suggests it's too early to rule them out on another Scott Boras client, Johnny Damon (Twitter link).

Contract Details: Votto, Saito, Thome, Bloomquist

By Mike Axisa | January 18, 2011 at 9:30pm CDT

Updates to a few recently completed contracts…

John Fay of The Cincinnati Enquirer has the breakdown of Joey Votto's new contact with the Reds. The reigning NL MVP will earn $5.5MM in 2011 and $9.5MM in 2012 before jumping up to $17MM in 2013. His $6MM signing bonus will be paid out between now and 2014.
MLB.com's Adam McCalvy reports that Takashi Saito has a clause in his contract stipulating that the Brewers must release him after the 2011 season. That prevents the team from offering him arbitration if he qualifies as a Type-A free agent.
Jim Thome's deal with the Twins includes a boatload of incentives, reports Joe Christensen of The Star Triibune. The slugger will earn $200K for 200 plate appearances, and $300K each for 300, 350, and 400 plate appearances.
Jack Magruder of FOXSportsArizona.com tweets that Willie Bloomquist's contract with the Diamondbacks will pay him $900K in 2011. It also includes a mutual option for 2012 worth $1.1MM.
MLB.com's Jordan Bastian tweets that Austin Kearns' contract with the Indians contains incentives tied to plate appearances. He'll earn $50K each for 400, 425, 475, and 500 plate appearances.
ESPN's Jayson Stark put together a list of the offseason's most creative contract clauses.

Arbitration Figures: Tuesday

By Mike Axisa | January 18, 2011 at 6:41pm CDT

Today is the deadline for players and teams to submit arbitration figures. Let's keep track of those figures here, with the latest updates on top. You can track all of the players that avoided arbitration today here.

MLB.com's Jane Lee tweets that Craig Breslow filed for $1.55MM, but the Athletics countered with $1.15MM.
Zachary Levine of The Houston Chronicle has some figures for the Astros. Wandy Rodriguez filed for $10.25MM, Hunter Pence for $6.9MM. The team countered with $8MM and $5.15MM, respectively.
Bob Dutton of The Kansas City Star tweets that Billy Butler filed for $4.3MM while the Royals countered with $3.4MM.
Hank Schulman of The San Francisco Chronicle tweets that Javier Lopez filed for $2.875MM and Andres Torres for $2.6MM (Twitter link). The Giants countered with $2MM and $1.8MM, respectively.

John Fay of The Cincinnati Enquirer reports that Johnny Cueto filed for $3.9MM, but the Reds countered with $3MM. He adds that Edinson Volquez filed for $2MM, the team $1.3MM.
Mike DiGiovanna of The Los Angeles Times tweets Jered Weaver filed for $8.8MM, but the Angels countered with $7.365MM. He adds that Mike Napoli filed for $6.1MM, the team for $5.3MM.
Tom Haudricourt of The Journal Sentinal has the figures for some prominent Brewers (Twitter link). Rickie Weeks filed for $7.2MM, Shaun Marcum for $5MM, and Kameron Loe for $1.65MM. The team countered with $4.85MM, $3MM, and $1.055MM, respectively.
MLB.com's Ken Gurnick tweets that James Loney filed for $5.25MM, and the Dodgers for $4.7MM.
Gurnick adds that Hong-Chih Kuo filed for $3.075MM, the Dodgers countered with $2.55MM (on Twitter).
Dan Connolly of The Baltimore Sun has the skinny on two of the Orioles' key players (Twitter link). Luke Scott filed for $6.85MM and Jeremy Guthrie for $6.5MM. The team countered with $5.7MM and $5MM, respectively.
Joe Christensen of The Star Tribune reports that Delmon Young filed for $6.25MM, the Twins $4.65MM (on Twitter).
Christensen also reports that Francisco Liriano filed for $5MM and the Twins $3.6MM (on Twitter).
Christensen adds that Kevin Slowey filed for $3.1MM, the Twins $2.3MM (on Twitter).
Adam Rubin of ESPN New York tweets that R.A. Dickey filed for $4.7MM, the Mets $3.35MM.
Andy McCullough of The Star Ledger reports that Angel Pagan filed for $4.2MM, and the Mets for a little over $3.06MM (on Twitter).
SI.com's Jon Heyman tweets that Josh Hamilton filed for $12MM, the Rangers $8.7MM.
Anthony Andro of The Star Telgram reports that Darren O'Day filed for $1.4MM and the Rangers for $1.05MM (Twitter links).
Frank Francisco filed for $4.875MM, the Rangers $3.5MM according to Andro.
Shi Davidi of The Canadian Press tweets that Jose Bautista filed for $10.5MM, the Blue Jays $7.6MM. Michael Vlessides nailed both figures when he spoke to MLBTR's Ben Nicholson-Smith back in October.
MLB.com's Gregor Chisholm tweets that Jason Frasor filed for $3.725MM, the Blue Jays $3.25MM.

Players To Avoid Arbitration: Tuesday

By Ben Nicholson-Smith | January 18, 2011 at 5:20pm CDT

Today is the deadline for players and teams to submit arbitration figures. The sides will then settle on a salary between the team's proposed number and the player's proposed number or go to an arbitration hearing. Arbitration eligible players are under team control, so the clubs don't risk losing them – it's a question of how much the players will earn.

Yesterday, 11 players avoided arbitration. We could see just as many agreements trickle in today and we'll keep you posted on them right here and with our Arb Tracker. The latest updates will be at the top of the post:

The Angels have agreed to terms with Reggie Willits and Howie Kendrick, tweets Bill Shaikin of The Los Angeles Times. Bill Plunkett of The Orange County Register tweets that Kendrick will earn $3.3MM, Willits $775K (on Twitter).
The Giants agreed to terms with Santiago Casilla on a one-year deal worth $1.3MM with incentives, according to ESPN Deportes' Enrique Rojas (on Twitter). The team also announced that they avoided arb with Jonathan Sanchez and Ramon Ramirez (on Twitter). Sanchez will earn $4.8MM with incentives tweets Hank Schulman of The San Francisco Chronicle while Ramirez will earn $1.65MM according to Janie McCauley of The Canadian Press.
The Braves agreed to terms with Peter Moylan and Eric O'Flaherty, according to MLB.com's Mark Bowman (on Twitter). Moylan gets $2MM, O'Flaherty gets $895K according to Dave O'Brien of The Atlanta Journal-Constitution (on Twitter).
The Mariners agreed to terms with Brandon League, David Aardsma and Jason Vargas, the team announced. Aardsma will earn $4.5MM with plenty of incentives, according to Geoff Baker of the Seattle Times (plus Twitter link).
The Rangers agreed to terms with C.J. Wilson and Nelson Cruz, according to MLB.com's T.R. Sullivan (Twitter links). Cruz gets $3.65MM, and Wilson gets $7.05MM with a chance to earn another $100K according to his agent Bob Garber, via email.

The Padres avoided arbitration with Chase Headley (2.535MM) and Tim Stauffer ($1.075MM), according to MLB.com's Corey Brock (on Twitter).
The Phillies and Kyle Kendrick avoided arbitration with a $2.45MM deal, according to Jon Heyman of SI.com (on Twitter). The team has confirmed the deal.
The Pirates announced that they agreed to terms with Joel Hanrahan. It's a $1.4MM deal, according to Colin Dunlap of the Pittsburgh Post-Gazette (on Twitter).
The Cubs agreed to a one-year deal with Tom Gorzelanny, despite reports that a trade to Washington is imminent. Gorzelanny will earn $2.1MM next year, according to Mark Zuckerman of NatsInsider.com (on Twitter). They also announced a two-year, $4.7MM deal with Sean Marshall.
The Diamondbacks agreed to a one-year deal with Joe Saunders.
The Padres agreed to a $2.535MM deal with Mike Adams, according to Ken Rosenthal of FOX Sports (Twitter links).
The Angels agreed to a $3MM deal with Erick Aybar and a $2.975MM deal with Kendry Morales.
The White Sox agreed to a $5.05MM deal with Carlos Quentin, according to Rosenthal.
The Braves agreed to a $3.1MM deal with Martin Prado and a $3.25MM deal with Jair Jurrjens according to Rosenthal.
The Orioles agreed to a $5.85MM deal with J.J. Hardy, according to Rosenthal.
The Athletics agreed to a $4.75MM deal with Kevin Kouzmanoff, according to Slusser (Twitter link).
The Giants avoided arbitration with Cody Ross, according to Ken Rosenthal of FOX Sports (Twitter link). Ross will earn $6.3MM in 2011.
The Red Sox avoided arbitration with Jonathan Papelbon ($12MM) and Jacoby Ellsbury ($2.4MM).
The Yankees avoided arbitration with Joba Chamberlain ($1.4MM), Phil Hughes ($2.7MM) and Boone Logan ($1.2MM), according to Jon Heyman of SI.com (all Twitter links).
The Dodgers agreed to a $6.275MM deal with Chad Billingsley, according to Heyman (on Twitter).
The White Sox agreed to a $6MM deal with John Danks, according to Heyman (on Twitter).The Cubs avoided arbitration with Matt Garza and agreed to a $5.95MM deal, according to Heyman (on Twitter).
The Indians avoided arbitration with Shin-Soo Choo, the team announced. The deal is worth $3.975MM, according to Paul Hoynes of the Cleveland Plain Dealer (on Twitter).
The Twins avoided arbitration with Matt Capps ($7.15MM) and Glen Perkins ($700K), according to Joe Christensen of the Minneapolis Star-Tribune (on Twitter).
The Rays avoided arbitration with Andy Sonnanstine, agreeing to a deal worth $913K plus incentives, according to Marc Topkin of the St. Petersburg Times (on Twitter).
The Mets avoided arbitration with Mike Pelfrey, agreeing on a deal worth close to $4MM, according to Adam Rubin of ESPNNewYork.com.
The Brewers avoided arbitration with Prince Fielder and Manny Parra, signing the players to one-year deals, the team announced. Parra will earn $1.2MM, according to MLB.com's Adam McCalvy (on Twitter).
The Athletics avoided arbitration with Dallas Braden ($3.35MM) and Conor Jackson ($3.32MM), according to MLB.com's Jane Lee (on Twitter).
The Blue Jays agreed to a one-year, $2.3MM deal with Brandon Morrow, the team announced.
The Indians announced that they agreed to a one-year deal with Rafael Perez (Twitter link). It's worth $1.33MM, according to Paul Hoynes of the Cleveland Plain Dealer (on Twitter).
The Athletics avoided arbitration with Josh Willingham, agreeing to a $6MM deal, according to Susan Slusser of the San Francisco Chronicle (on Twitter).
The Astros signed Michael Bourn to a one-year, $4.4MM deal, according to MLB.com's Brian McTaggart (on Twitter).
The Nationals announced (on Twitter) that they avoided arbitration with Michael Morse.
The Marlins avoided arbitration with Anibal Sanchez, according to MLB.com's Joe Frisaro (on Twitter). They agreed to a $3.7MM deal, according to Enrique Rojas of ESPNDeportes.com (Twitter link).
The Orioles avoided arbitration with Felix Pie, according to Dan Connolly of the Baltimore Sun (Twitter links). The deal is for $985K.
The Blue Jays avoided arbitration with Rajai Davis, agreeing to a two-year, $5.25MM deal with the outfielder.
The Marlins avoided arbitration with Clay Hensley and agreed to a $1.4MM deal, according to MLB.com's Joe Frisaro (on Twitter).
The Astros agreed to a one-year, $2.3MM deal with Jeff Keppinger, avoiding arbitration, according to Zachary Levine of the Houston Chronicle (on Twitter). The Astros confirmed the deal.
The White Sox agreed to a one-year, $1.6MM deal with Tony Pena, according to Jon Heyman of SI.com (Twitter link).
The Padres avoided arbitration with Ryan Ludwick with a $6.775MM deal, according to Ken Rosenthal of FOX Sports (on Twitter).
The Astros avoided arbitration with Clint Barmes, signing the infielder to a one-year, $3.925MM deal, according to Rosenthal. The Astros confirmed the deal.
The Rockies avoided arb with Felipe Paulino and agreed to a one-year, $790K deal, according to Troy Renck of the Denver Post (on Twitter).
The Blue Jays announced that they have agreed to terms with Yunel Escobar on a $2.9MM deal for 2011.
The Indians signed Chris Perez for 2011, avoiding arbitration, the team announced (on Twitter). It's a $2.225MM deal, according to Paul Hoynes of the Cleveland Plain Dealer (on Twitter).
The Royals announced that they agreed to terms with Kyle Davies on a one-year deal, avoiding arbitration. It's a $3.2MM deal, according to MLB.com's Dick Kaegel (on Twitter).
The Reds avoided arbitration will Bill Bray, according to John Fay of the Cincinnati Enquirer (on Twitter). The AP says the deal is for $645K.
The Nationals avoided arbitration with Doug Slaten, and agreed to a one-year, $695K deal according to Adam Kilgore of the Washington Post.
The Padres avoided arbitration with Heath Bell and agreed to a one-year, $7.5MM deal.

Votto, Lozano Make Smart Deal

By Ben Nicholson-Smith | January 18, 2011 at 7:45am CDT

Joey Votto has nothing to lose. He and agent Dan Lozano avoided arbitration and worked out a deal with the Reds that's worth $38MM in guaranteed money. And Votto doesn't hit free agency a minute later than he was originally scheduled to. Cincinnati gets cost certainty, but no free agent years and no visible discount. One agent says the Reds took on all the risk.

"The team paid him as if he was going to be a .350-40-120 player the next two years" the agent said. "Had the team gone year to year to protect against diminished productivity or injury, would they have ever had to pay him more money than $38MM over three years?"

Recent history says the answer is no. Votto will earn more over the course of his first three arbitration years than Miguel Cabrera ($33.7MM), Albert Pujols ($32MM), Mark Teixeira ($27.9MM) or Justin Morneau ($22.5MM) did. Votto's money is now guaranteed, so the 2010 NL MVP will be cashing his checks even if he has an off-year or gets injured.

Ryan Howard ($44MM) is the one first baseman who earned more than $38MM for his first three arbitration seasons. The Phillies slugger pocketed $44MM for that chunk of his career, but one MLB insider says Howard set himself up for a bigger payday than Votto by posting better power numbers in his pre-arbitration seasons.

"Where Howard beats him is in terms of home runs," MLBTR's source said. "He had 129 to Votto’s 90. And Howard had 353 RBI to Votto’s 298. Qualitatively in terms of their rates with batting average and on-base plus slugging, they’re very, very close. The difference really is the home runs and the RBI."

The gap in power numbers would likely have been enough to keep Votto's 2011 salary in the $7-8MM range on a one-year deal. In other words, Pujols, Cabrera and Teixeira were attainable targets for Votto, but he wasn't going to approach Ryan Howard money in his three arbitration years.

This isn't to say that Reds GM Walt Jocketty was wrong to lock up his first baseman. The 2010 Sporting News Executive of the Year could look back on this deal as one that saved him money. His eight-year extension with Pujols and Lozano worked tremendously well, but that deal bought out five of Pujols' free agent seasons.

This time the Reds guaranteed Votto more than fellow-MVPs Pujols and Morneau without obtaining the rights to any of his free agent seasons. The team gets cost certainty, but they are not getting a discount. Lozano and Votto secured a massive win that guarantees the first baseman more than most of his peers and allows him to hit free agency as a 30-year-old.

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