Blog Entry

Volquez rejected four-year offer from Reds

Posted on: February 11, 2011 2:18 pm

VolquezBefore the Reds settled with Edinson Volquez on a one-year deal for $1.62 million that buys out the righty's first year of arbitration, a long-term deal was discussed by both sides.

As Volquez reveals, the Reds offered a four-year deal "the same as Johnny Cueto," but Volquez declined to sign it.

"I didn't feel it was right for me. I spoke with the lawyer and the general manager, and we all agreed on a single season," Volquez told El Caribe, a Spanish newspaper, with MLB Trade Rumors providing the translation.

It's unclear if the Cueto comparison was strictly years or if the dollar value would have been similar. Cueto has signed a four-year deal for $27 million that buys out his first year of arbitration. However, while Cueto doesn't quite have the ceiling of Volquez, he's also made 92 starts in his first three seasons, posting a 4.27 ERA. Turning 25 next Tuesday, Cueto is a good bet to keep up his value over the next four years.

Volquez is a different story. He's made just 53 starts over the same span of time as Cueto, missing most of 2009 after undergoing Tommy John surgery. He managed 12 starts in 2010 while rehabbing from the injury along with being suspended for performance-enhancing drug. His 3.62 ERA over these 53 starts is an appreciable difference from Cueto, a difference that xFIP supports.

However, that difference in quality is likely worth the $27 million Cueto received, even if there's questions around his endurance. Of course, if Cueto breaks out, that makes him vastly underpaid, but at this point Cueto is being paid like a durable No. 3/4 starter while the same deal would pay Volquez as a brittle No. 2/3 starter.

Of course, there's an age difference here: Volquez is 27, three years older than Cueto. But all it takes is one full, good season for Volquez for the price to spike up. And he knows that.

"Having a good year this season is my mission," Volquez adds. "Depending on my performance, we'll seek a contract of at least four years with the team. I can't define the amount we're going to seek following the next year, but it's going to be for that quantity of years."

At that point, Volquez would have two of his free-agent years bought out, so the price tag would be higher than $27 million regardless. And if things should change in spring training or in season?

"The parties remain open in case I want to sign during Spring Training or in the middle of the seasons, whenever I want."

-- Evan Brunell

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Category: MLB

Since: Aug 18, 2006
Posted on: February 12, 2011 6:20 pm

Volquez rejected four-year offer from Reds

Didn't Volquez get suspended for using PEDs? He probably is waiting on his supplier to get him an undetectable batch so he can get a bigger contract.

Since: Feb 17, 2008
Posted on: February 12, 2011 4:33 pm

Volquez rejected four-year offer from Reds

Isn't this the guy who unravels occassionally after getting rocked?  For a guy who's confidence is easilly shaken, this was not a smart gamble on his part.  He should've taken the contract.  It's not like a big contract wont be available to him after for year.  Now if pitches .500 with a plus 4 ERA this year, his stock will drop and he may end up with a contract for less.  This should tell folks he is not a smart man.

Since: Apr 27, 2008
Posted on: February 12, 2011 12:43 pm

Volquez rejected four-year offer from Reds

I really don't think this is a case of greed, it's not like he's making 20 mil a year. Volquez believes he's going to be great over the next 4 years and wants to get paid well for it. The only issue is that if he gets hurt again this year he could end up w/ nothing or a lot less than his 4 year contract would have paid. He was lights out before his injury so I understand why he turned down the deal, but imo you always go w/ the sure $$$$, especially if you're injury prone. If he can stay healthy this year, turning down this contract may open the door for a much larger deal, with the reds or maybe another team that needs pitching w/ a lot of $$$ like the yankees or Mets. Volquez is flying way under the radar for fantasy purposes, and now that he's 100% healed from his prior surgery, I think 15 wins and 180K's are not out of the question. 

Since: Nov 7, 2010
Posted on: February 12, 2011 8:36 am

Volquez rejected four-year offer from Reds

100%true....but i will take him on fantasy team..when they sign for just one year..always big season is coming...

Since: Nov 1, 2009
Posted on: February 12, 2011 2:14 am

Volquez rejected four-year offer from Reds


Since: Oct 16, 2007
Posted on: February 11, 2011 5:48 pm

Volquez rejected four-year offer from Reds

Yeah,  Did you know that the lawyer he got his advice from was the same guy that told Coca Cola in the '80's that it would be a good idea to change their formula. No Foolin, look it up !!

Since: Sep 5, 2008
Posted on: February 11, 2011 2:50 pm

Volquez rejected four-year offer from Reds

Lets see, Tommy John surgery, one good season in the past three, performance inhancing drugs suspension, and he turned down a roughly $27mil four year dela on the HOPE that he has a good year this year.  You need to fire that lawyer you were talking to and get back in the owners office on your knees and sign that contract.  What $27mil won't sustain you and your family for the next four years.  Talk about pure greed and not taking a sure thing in the hope that you get MORE.  I sincerely hope you go 2-14 this year with a 7.87 ERA. 

Since: Jun 7, 2010
Posted on: February 11, 2011 2:23 pm

Volquez rejected four-year offer from Reds

Damn Volquez you could blow up for a 4 + ERA this year you need to be signing whatever you can.

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