Re: Reds, Cordero reach preliminary agreement
From the blog of a Brewers beat writer....
Brewers lose Cordero to Reds
By Tom Haudricourt
Friday, Nov 23 2007, 03:33 PM
Nothing has been announced because the deal is contingent on a physical examination but I've just learned that Brewers free agent closer Francisco Cordero has signed a four-year deal with Cincinnati, with an option for a fifth year.
The news is a double blow for the Brewers. First, they lost one of the best closers in baseball, a dominating finisher who set the franchise record with 44 saves in 2007. Second, he has gone to a team in their division, meaning the Brewers face the prospect of facing their former closer time after time over the next four years.
I haven't got a chance to talk to Brewers general manager Doug Melvin yet to get his reaction to the signing but it is my understanding he also offered Cordero a four-year deal, but for less money than the Reds. I'll get Melvin's reaction and look into the specifics of the deal and file more blogs today.
Cordero was a Class A free agent but the Reds were in the bottom half of the 30 teams in terms of won-loss record in '07, meaning they have to give the Brewers only their second-round draft pick next season. The Brewers will also get a compensatory pick after the first round.
The Brewers will get similar draft picks from the White Sox as soon as their deal with Class A free-agent reliever Scott Linebrink is made official.
Melvin has been pretty good in the past about finding closers, and now he'll be tested again.