Originally Posted by TRF
The market tanked at the end of 2009, not 2008. He'd been with the Reds in some capacity for over a year, most of that as GM, and the man isn't an idiot. (and no one is making him out to be one.) The free agent list after the 2008 season had some names on it. there were moves to be made, and prospect wise, the Reds had a damn fine system. And the Reds didn't need young talent, they needed a bat or three. They had young talent to deal, something every GM wanted.
The collapse was underway in 2008. The investment bank crisis was happening in Sept of 08. IIRC the FA market collapse happened right around Jan 09. I remember Jeremy Afeldt and his agent getting some criticism for signing with the Giants so early in free agency only to come out on top with what now is an above market contract for a RP.