No Madson Deal Yet; Phils May Pursue Papelbon

10:19pm: Officials around the league are suggesting the Phillies' pact with Madson may have fallen through because the first big deal of the offseason "may harm the ongoing CBA negotiations, suggesting the owners believe an agreement is a formality," according to Tim Brown of Yahoo! Sports

Another possibility is that MLB didn't like the terms of the deal, one that would set a relatively high bar for a free-agent class flush with closers, reports Brown.

4:18pm: Phillies GM Ruben Amaro Jr. said that the club never agreed to terms on a contract with closer Ryan Madson, according to Jayson Stark of ESPN. Amaro categorized the rumored four-year, $44MM contract as "unequivocally false," reports Stark (Twitter links).

The Phils are interested in Jonathan Papelbon, tweets Jon Heyman of SI.com, so if talks with Madson don't work out, Pap may be their new target.

The Phils' reported near-deal with Madson has unfolded curiously since the story broke on Tuesday afternoon. The holdup in it becoming official was apparently that Phillies president David Montgomery had not approved the terms. Heyman tweeted earlier this afternoon that there was little optimism that Montgomery would sign off on the pact, which had become a hot topic of discussion. There was a split among executives and agents regarding whether it would have been a good deal.

We've not yet heard rumors strongly tying Papelbon to any club, although we heard Tuesday that his name has come up during the Blue Jays' internal discussions. The right-hander, who has spent his entire career to date with the Red Sox, figures to command one of the two biggest free agent contracts for closers, along with Madson.

NL East Notes: Prado, Cuban, Madson

There’s been lots of chatter about Martin Prado and Ryan Madson this week. Prado could be traded and Madson may or may not sign a lucrative new deal with the Phillies. Here are the latest updates from the NL East…

  • The Rockies aren't the only team to inquire on Prado, according to Jon Heyman of SI.com (on Twitter).
  • David O'Brien of the Atlanta Journal-Constitution wonders if Mark Cuban would have interest in buying the Braves should they hit the market at some point. Just as importantly, would MLB have interest in letting Cuban buy a team? The Dallas Mavericks owner has a reputation for challenging the status quo. 
  • Executives and agents are split on whether $44MM in guaranteed money is too much for Madson, according to Heyman (Twitter links). The Phillies had been nearing a four-year deal for the closer that would have included a vesting option for 2016, but there's not much optimism that Philadelphia CEO David Montgomery will approve the deal, Heyman reports.
  • MLBTR’s Mike Axisa checked in on the Mets earlier today.

Ryan Madson Rumors: Wednesday

The latest on free agent reliever Ryan Madson:

  • The Rangers, Red Sox and Nationals are expected to pursue Madson if the deal falls through, according to Jon Heyman of SI.com (on Twitter).
  • The Phillies may have decided to wait until the collective bargaining agreement is finalized before completing the proposed deal with Madson, according to Jon Paul Morosi of FOX Sports (on Twitter).
  • The sides never had an agreement in place, according to Ken Rosenthal of FOX Sports. The Phillies are reconsidering their options and could revisit discussions with Papelbon, according to Rosenthal.
  • A source says it's "highly unlikely" a Madson-Phillies deal gets done today, tweets ESPN's Jayson Stark.
  • This morning, Jim Salisbury of CSNPhilly.com tweeted, "Source close to Madson said Tuesday night there was no deal and talks were ongoing. Still believe Papelbon in picture."  Ken Rosenthal of FOX Sports says sources indicated this morning that the Phillies are reconsidering their options.
  • SI's Jon Heyman tweeted early this morning that Phillies GM Ruben Amaro Jr. agreed to a four-year, $44MM deal with Madson, but told agent Scott Boras he'd need the approval of team CEO David Montgomery, which still has not been given.  Heyman says Madson signed off on the deal, but the SI writer doesn't know if the contract is in jeopardy.  He adds that the Phillies had talks with Jonathan Papelbon as recently as Monday.
  • Tuesday afternoon, Jim Duquette of MLB Network Radio tweeted that he was hearing the Phillies were closing in on a four-year deal with Madson that could include a fifth-year vesting option.  Soon after, Yahoo's Tim Brown tweeted, "Confirming Madson with Phils, 4 for 44 mil. Fifth-year option worth 13 mil," clarifying, "Those are numbers and years Madson and Phils talking. Close, not done yet."

Phillies, Madson Nearing Four-Year Deal

WEDNESDAY, 12:20am: Phillies GM Ruben Amaro Jr. and Madson have agreed to a four-year, $44MM deal, tweets SI's Jon Heyman.  The contract has been awaiting the approval of Phillies CEO David Montgomery for over a day, however.

Meanwhile, a source close to Madson told CSNPhilly.com's Jim Salisbury Tuesday night that there was no deal and talks were ongoing.  Papelbon may still be in the picture.

TUESDAY, 5:07pm: Yahoo's Tim Brown confirms the sides are discussing a deal worth $44MM over four years plus a fifth-year option for $13MM (Twitter links). Nothing is official yet.

4:36pm: The Phillies are closing in on a four-year deal with Ryan Madson, according to Jim Duquette of MLB Network Radio (Twitter links). The contract could include a fifth year vesting option for the Scott Boras client. The sides seem to be discussing an annual salary of $11MM or so for Madson, according to Jon Heyman of SI.com (on Twitter).

Madson, 31, became Philadelphia's full-time closer in 2011, converting 32 saves. He posted a 2.37 ERA with 9.2 K/9, 2.4 BB/9 and a 48.8% ground ball rate in 60 2/3 innings of relief. He's a Type A free agent, but the Phillies won't have to surrender a draft pick to sign their own player. However, they would obtain two picks if the right-hander signs elsewhere after turning down arbitration.

If the deal goes through, it would help other free agent closers, none more so than Jonathan Papelbon. No reliever signed a four-year deal last offseason, although five pitchers signed three-year contracts. In fact, no reliever has signed a four-year deal since Scott Linebrink and Francisco Cordero four years ago. MLBTR's Tim Dierkes predicted last month that Madson had a shot at four years.

Bryan Grosnick examines the fantasy implications of the move at CloserNews.com, the destination for reliever-related fantasy baseball content.

Phillies Notes: Cuddyer, Oswalt, Madson

The Phillies are nearing a four-year deal with Ryan Madson. Here are some more notes about the team, starting with a potential teammate for the closer:

Heyman On Posada, Dodgers, Beltran, Morrison

The latest rumors tweeted from SI's Jon Heyman…

Phillies Making Strong Push For Ryan Madson

9:26pm: The Phillies have also had talks with Jonathan Papelbon and seem determined to sign him or Madson, according to Jon Heyman of SI.com (on Twitter).

8:18pm: Talks are "advancing, but not complete," a source told ESPN.com's Jerry Crasnick (Twitter links). Agent Scott Boras told Crasnick that the sides are still exchanging proposals.

7:23pm: The Phillies are making a "strong push" to re-sign Ryan Madson, according to ESPN.com's Jayson Stark (on Twitter). Ken Rosenthal of FOX Sports also hears that the Phillies are working hard to complete a deal for Madson. However, GM Ruben Amaro Jr. hasn't ruled other free agents out.

"It's no secret I need a closer," Amaro told Rosenthal. "I am talking to everyone."

Madson, 31, became Philadelphia's full-time closer in 2011, converting 32 saves. He posted a 2.37 ERA with 9.2 K/9, 2.4 BB/9 and a 48.8% ground ball rate in 60 2/3 innings of relief. He's a Type A free agent, but the Phillies won't have to surrender a draft pick to sign their own player. However, they would obtain two picks if the right-hander signs elsewhere after turning down arbitration from Philadelphia.

ESPN.com's Buster Olney reported earlier today that the Blue Jays are taking a "very aggressive" approach in their search for a closer (Twitter link). Though it's not clear if they're targeting Madson, Olney won't be surprised if Toronto ends up with one of the top free agent relievers.

Heyman On Pagan, Braves, Pujols, Madson

Terry Ryan is officially the interim general manager of the Twins, but Jon Heyman of SI.com hears that the longtime GM is recharged and may stay a while (Twitter link). Here are the rest of Heyman’s rumors from SI.com:

  • The Mets have discussed Angel Pagan as a non-tender candidate, but they intend to offer him arbitration, according to Heyman (on Twitter). MLBTR projects a $4.7MM salary for the center fielder in 2012.
  • Meanwhile, Chris Capuano is looking for a two-year deal, but the Mets prefer one-year bargains (Twitter link).
  • The Braves are looking for a Zack Greinke-like return in a deal for Jair Jurrjens, according to Heyman (on Twitter). The Royals obtained Jake Odorizzi, Lorenzo Cain, Alcides Escobar and Jeremy Jeffress for Greinke and Yuniesky Betancourt last offseason.
  • Twins executive Mike Radcliff and Yankees scouting director Damon Oppenheimer weren’t that interested in the Orioles’ GM job, according to Heyman. The Orioles requested permission to interview them both, but the Twins denied the request and the Orioles hired Dan Duquette before setting anything up with Oppenheimer.
  • It's believed that Blue Jays assistant GM Tony LaCava got a raise to stay in Toronto, according to Heyman.
  • It’s hard to tell Boston’s list of managerial candidates apart from the one the Cubs have, as Heyman explains.
  • It doesn’t appear that the Cardinals will be able to boost their nine-year, $200MM offer to Albert Pujols by much.
  • Ryan Madson is drawing lots of interest and the Red Sox, Phillies, Nationals, Rangers and Marlins are believed to be interested.
  • C.J. Wilson, Edwin Jackson, Mark Buehrle and Roy Oswalt are drawing lots of interest, as expected.
  • Heyman hears that Marlins manager Ozzie Guillen is pushing for Prince Fielder or Pujols. The Marlins have also expressed early interest in Jose Reyes.

East Notes: Oswalt, Wilson, Garcia, Madson, Cuddyer

A few items of note from around the Northeast Corridor …

  • The Yankees have contacted the agent for free agent starters Roy Oswalt and C.J. Wilson, according to Marc Carig of the Star-Ledger. Bombers GM Brian Cashman, however, cautioned that he's "in the process of talking to everybody." Oswalt and Wilson are both represented by Bob Garber of Select Sports Group, as our Agency Database shows.
  • As well, Cashman has already communicated with free agent starter Freddy Garcia's representatives, according to Carig, and the parties are mutually interested in seeing the veteran right-hander in the Bronx again in 2012. Cashman also expressed interest in bringing back reserve infield Eric Chavez, backup outfielder Andruw Jones and right-hander Bartolo Colon.
  • The Phillies have had discussions with free agent closer Ryan Madson, Madson's agent Scott Boras tells Jim Salisbury of CSNPhilly.com. Boras termed the talks with the Phillies as "good dialogue" and said Madson is receiving a lot of interest – even from clubs that weren't thought to be in need of a closer.
  • Newest Phillie Jim Thome is good friends with former Twins teammate Michael Cuddyer, whom the Phillies are seriously pursuing, so Thome could help recruit Cuddyer to Philly, according to Todd Zolecki of MLB.com"We've texted a little bit," Thome said. "We've talked." … "I'm sure we will talk going forward."
  • The Mets will refrain from doling out potentially crippling contracts under GM Sandy Alderson, but they shouldn't draw that line in dealing with their homegrown star Jose Reyes, opines Adam Rubin of ESPNNewYork.com. Writes Rubin: "If the ultimate verdict with Reyes is a calculated baseball decision, so be it. But shame on the Mets if he departs and it is primarily payroll-constraint induced."

Quick Hits: Moyer, Darvish, Yankees, Tigers

Congratulations to the 2011 Gold Glove winners. Here are some notes from around MLB…

  • Brandon Phillips ($250K), Adrian Beltre ($100K) and Adrian Gonzalez ($100K) were among the winners to obtain bonuses for their fielding excellence, according to the AP (via SI.com).
  • Jamie Moyer threw for scouts last Thursday, according to Ken Rosenthal of FOX Sports (on Twitter). Reports on the left-hander, who’s nearly a year removed from Tommy John surgery, are excellent.
  • Patrick Newman of FanGraphs explains what you need to know about Yu Darvish, the Japanese starter who could be posted this offseason.
  • Dave Cameron of FanGraphs makes the case that teams should treat Darvish as a super two player by guaranteeing him two or three years at an average annual value of approximately $10MM.
  • Jim Margalus of South Side Sox isn't thrilled that the White Sox exercised Jason Frasor’s 3.75MM option and explains what the decision means for Chicago. 
  • The Yankees expect to be heavily involved in trade talks this offseason because they have prospects to trade and are willing to deal pitching, according to ESPN.com's Buster Olney (on Twitter). 
  • Tigers GM Dave Dombrowski told reporters, including MLB.com's Jason Beck, that he'd like to re-sign free agent infielder Ramon Santiago. Though the Tigers like Santiago, they don't see him as an everyday solution.
  • Phillies GM Ruben Amaro Jr. says he’d like to re-sign free agents Ryan Madson and Jimmy Rollins if possible, according to Bob Brookover of the Philadelphia Inquirer. "We've had discussions with the agents of both players," Amaro said.
  • Marlins president of baseball operations Larry Beinfest repeated that he can consider major expenditures this offseason, according to Joe Frisaro of MLB.com.
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