Reds Sign Ryan Madson

[Mario-Rijo]

My guess is that we wouldn't, as we'd have to do the new qualifying-offer thing to get compensation and that may not be available when the player declines the option, but I don't claim to know all the ins and outs of the new rules.

I don't know why it wouldn't be available. But I get what you are saying maybe there is something there to keep from hurting the FA's market (for example). But I haven't seen such a thing.

[Mario-Rijo]

Just FYI I read on Jayson Starks Jan. 13th rumbling and grumblings that the Reds were actually offering Coco 7 million. Thank goodness Madson came down on his demands for teams. Stark also stated teams were shocked by the Reds signing Madson because all teams had heard from them all offseason was they "we don't have any money".


And BTW he also states we will get 2 picks for Madson next year (and of course 1 for Coco this year which we wouldn't have gotten for Coco next offseason) so obviously for 1.5 million more we got alot not to mention a better pitcher.

[traderumor]

Just FYI I read on Jayson Starks Jan. 13th rumbling and grumblings that the Reds were actually offering Coco 7 million. Thank goodness Madson came down on his demands for teams. Stark also stated teams were shocked by the Reds signing Madson because all teams had heard from them all offseason was they "we don't have any money".


And BTW he also states we will get 2 picks for Madson next year (and of course 1 for Coco this year which we wouldn't have gotten for Coco next offseason) so obviously for 1.5 million more we got alot not to mention a better pitcher.

What? You mean the Reds bluffed? How dare they!

[AmarilloRed]

It's all academic-Madson is showing up on Cot's on a 1 year deal-1 year, 8.5 million, no option or incentives. I imagine they were discussed, but nothing was agreed to.

[MartyFan]

Am I missing something here?

All I have heard officially is that the Reds ARE GOING to sign Madson...I have not seen anything at all that he is actually signed...anybody else?

[Tom Servo]

Am I missing something here?

All I have heard officially is that the Reds ARE GOING to sign Madson...I have not seen anything at all that he is actually signed...anybody else?

CINCINNATI -- A formalized contract between the Reds and prospective new closer Ryan Madson might take several days to complete.

A source told MLB.com on Wednesday that Madson will get a one-year guaranteed contract that pays him $6 million in 2012 with an $11 million option for 2013 that carries a $2.5 million buyout. Some of the money will be spread out over four years.

One of the issues holding up a deal being formalized is that Madson is on vacation and has yet to be scheduled for a physical. Reds general manager Walt Jocketty is currently attending the owners meetings in Phoenix and could not be reached for comment.

[Ron Madden]

Good article by Tom Verducci.


http://sportsillustrated.cnn.com/201...=si_topstories

[mth123]

CINCINNATI -- A formalized contract between the Reds and prospective new closer Ryan Madson might take several days to complete.

A source told MLB.com on Wednesday that Madson will get a one-year guaranteed contract that pays him $6 million in 2012 with an $11 million option for 2013 that carries a $2.5 million buyout. Some of the money will be spread out over four years.

One of the issues holding up a deal being formalized is that Madson is on vacation and has yet to be scheduled for a physical. Reds general manager Walt Jocketty is currently attending the owners meetings in Phoenix and could not be reached for comment.

Not too far off. This type of structure is perfect for the Reds. They just couldn't have afforded a long term deal.

http://www.redszone.com/forums/showp...4&postcount=71

The actual numbers are even lower than I proposed. Great job by Walt here IMO.

[Always Red]

Good article by Tom Verducci.


http://sportsillustrated.cnn.com/201...=si_topstories

But advanced metrics and a better understanding of the cost:benefit ratio have convinced teams otherwise. Closers fall off figurative trees

Thanks for posting that; very good read.

[Joseph]

Deferred money for a baseball team is no better than deferred money in real life. I love getting Madson, but I really don't like having multiple players [Griffey?, Arroyo, Madson who else?] getting this kind of deferred money.

[camisadelgolf]

Deferred money for a baseball team is no better than deferred money in real life. I love getting Madson, but I really don't like having multiple players [Griffey?, Arroyo, Madson who else?] getting this kind of deferred money.

What's really interesting about the Griffey contract is that the Reds have to pay him $16.5M in 2024. Other than that, they owe him $2-3M every year until then.

Arroyo is owed $1.5M every year through 2021.

Part of Rolen's 2010 salary was deferred, and they're making the last payment on that this year (~$1.7M).

Aroldis Chapman gets yearly bonuses that are paid out of the scouting and player development budget as opposed to the player payroll budget.

[traderumor]

Deferred money for a baseball team is no better than deferred money in real life. I love getting Madson, but I really don't like having multiple players [Griffey?, Arroyo, Madson who else?] getting this kind of deferred money.

The Griffey deferred money shouldn't have any impact on current finances. Castellini is a good enough businessman to make it most likely that the liability was a part of the settlement in determining purchase price. If he didn't make sure it was fully funded by the predecessors, then shame on him. I'd be surprised. Rolen and Arroyo are much smaller impact deferrals.

[Blitz Dorsey]

This is still somewhat surreal to me. How often do the Reds get the best bargain of the offseason? Not "one of the best" ... but THE best. I love it. Hell, I thought the Marlins got a decent bargain with Heath Bell for 3-years at $27 million. But nothing tops $6 million to Madson ($8.5M guaranteed) for only one year. Can't beat that. Major props to Walt.

[Blitz Dorsey]

What's really interesting about the Griffey contract is that the Reds have to pay him $16.5M in 2024. Other than that, they owe him $2-3M every year until then.

Arroyo is owed $1.5M every year through 2021.

Part of Rolen's 2010 salary was deferred, and they're making the last payment on that this year (~$1.7M).

Aroldis Chapman gets yearly bonuses that are paid out of the scouting and player development budget as opposed to the player payroll budget.

Uuuuuuhhhhggg. Ken Griffey Jr: The Gift that keeps on giving. What an absolute disaster.

[Scrap Irony]

The great thing about deferments is, if you're intelligent with your money, you can pay off a player's deferment with a fraction of the money simply through bonds, stocks, and other investments.

The bad thing about deferments is that it takes someone who is both intelligent with his money and someone who is disciplined enough to make the investments at the time of the contract and leave them alone for the duration of the deal.