Reds, Encarnacion Work Out Deal

[HeatherC1212]

Just posted from Fay this morning and the details should be announced soon. I'm glad they worked something out.

Story: http://news.cincinnati.com/apps/pbcs...cincinnati.com

[redsmetz]

Originally Posted by HeatherC1212

Just posted from Fay this morning and the details should be announced soon. I'm glad they worked something out.

Story: http://news.cincinnati.com/apps/pbcs...cincinnati.com

Per the blog, two year deal, financials not announced yet, pending a physical. I figured they'd work something out.

[MrCinatit]

Good...now they get down to playing some baseball. Here is hoping Edwin earns it, and some.

[I(heart)Freel]

Amen.

Didnt realize he and Willy T were good friends until I read the mlb.com article on Willy.

Maybe this contract and being around someone close will loosen Edwin up, let him relax, have fun and hit and field like he's capable. I expect a good to great year from him.

[Johnny Footstool]

I'm not a big fan of two-year deals for young players. Either buy out some of his free-agent years, or just go to arbitration with him.

[princeton]

Originally Posted by Johnny Footstool

I'm not a big fan of two-year deals for young players.

I'm not a big fan of two-year deals because the Reds FO has been so bad at figuring out the market lately. a player like EdE may be worth significantly less in 2010. Plus one of the young third sackers may displace him soon.

but since JimBo would have given him 2yr-$10mill per year, we're at least better than we used to be.

[mbgrayson]

Per Hal McCoy's blog:

The Reds, led by Assistant GM Bob Miller, were in place in Phoenix for today’s schedule arbitration hearing with Encarnacion, but Encarnacion and the team came to terms on an agreement early today - a two-year contract believed to be worth $5 million.

[Chip R]

Originally Posted by princeton

I'm not a big fan of two-year deals because the Reds FO has been so bad at figuring out the market lately. a player like EdE may be worth significantly less in 2010. Plus one of the young third sackers may displace him soon.

I guess they don't think much of these "young third sackers'" short term prospects or they wouldn't have re-upped him for 2 years.

[lollipopcurve]

I guess they don't think much of these "young third sackers'" short term prospects or they wouldn't have re-upped him for 2 years.

I don't think that's it. Provided his performance doesn't fall off a cliff, the contract will make EdE easier to trade than if he were scheduled for arbitration again next year. Of the 3B prospects, only Frazier might be ready by the beginning of 2010. Francisco and Soto are going to need more time.

[princeton]

Originally Posted by Chip R

I guess they don't think much of these "young third sackers'" short term prospects or they wouldn't have re-upped him for 2 years.

a lot of procrastination in the Reds' minors right now. can't even decide on positions.

one idea is that Walt doesn't think these guys will ever amount to much, and wants them to generate big numbers prior to trading them off. he did a lot of that in St Louis, and was usually correct.

[JaxRed]

Wow, 2 year deal at 5 million is fantastic. So often when teams makes these deals, they give away a contract that essentially has the player win 2 years of arbitration.

In this one, both sides "gave". If Edwin had gone Year-To-Year he would have gotten more. So by gaining the longer contract, he sacrifices some potential cash.

Excellent deal.

[RedEye]

Originally Posted by I(heart)Freel

Amen.

Didnt realize he and Willy T were good friends until I read the mlb.com article on Willy.

Maybe this contract and being around someone close will loosen Edwin up, let him relax, have fun and hit and field like he's capable. I expect a good to great year from him.

I hope he doesn't relax so much at the hot corner that he starts throwing the ball to his "friend" in CF. That would be... not good.

[I(heart)Freel]

Originally Posted by mbgrayson

Per Hal McCoy's blog:

$5 mill, Hal? Really?

Color me skeptical. I'd be elated at that figure. But I'm dubious to say the least. My bet was closer to $7 mill.

[OnBaseMachine]

Originally Posted by lollipopcurve

I don't think that's it. Provided his performance doesn't fall off a cliff, the contract will make EdE easier to trade than if he were scheduled for arbitration again next year. Of the 3B prospects, only Frazier might be ready by the beginning of 2010. Francisco and Soto are going to need more time.

Yep.

I'm glad they were able to work out a deal. I think this is going to be a big year for Edwin.


Encarnacion, Reds agree to 2-year deal (update)
Posted by JohnFay at 2/17/2009 8:49 AM EST on Cincinnati.com

Walt Jocketty said the Reds worked out a 2-year deal with Edwin Encarnacion at 2:30 or this morning. The deal is pending a physical. The sides avoid arbitration The Reds had offered $2.55 million; Encarnacion requested $3.7 million.

Jocketty would not reveal the money. It will come out as soon as it's official.

All position players reported, as expected. Non-roster catcher Humberto Coto is still not here.

Update: Encarnacion is not here as well. He went to Phoenix, where the hearing was scheduled to take place today. He'll be back tomorrow.

"It's good," Dusty Baker said. "The aftermath of hearing is never nice. It's good for Edwin. It's good for us."

I know Encarnacion is much-maligned on the blog. But remember two things: He's only eight month older than Joey Votto, and Encarnacion's on-base (.340) and slugging (.446) were higher than Brandon Phillips. That said, he's got to cut down on his errors -- 23 is way too many.

http://news.cincinnati.com/apps/pbcs...cincinnati.com

[Chip R]

When's the last time the Reds went to arbitration with someone? It's been a while.