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Blog Entry

Reds to sign Madson to one-year contract

Posted on: January 10, 2012 10:58 pm
Edited on: January 11, 2012 1:43 pm
 


By Matt Snyder


Free agent closer Ryan Madson has agreed to sign a one-year, $8.5 million deal with the Cincinnati Reds, CBSSports.com insider Jon Heyman has learned.

Madson, 31, was reportedly very close to signing a four-year deal worth over $40 million to stay in Philadelphia a few months ago and the deal apparently fell through, with the Phillies instead landing Jonathan Papelbon. Since then, the market for closers completely eroded to the point where a team like the Reds -- who didn't have much money at all to spend in free agency this season -- were able to jump into the bidding late and grab what appears to be a huge bargain.

Madson to Reds
Madson successfully converted 32 of his 34 save attempts in 2011 for the Phillies with a 2.37 ERA, 1.15 WHIP and 62 strikeouts in 60 2/3 innings.

He most certainly moves into the closer role for the Reds, who will now allow free agent Francisco Cordero to walk via free agency. Newly-acquired left-hander Sean Marshall will serve as a setup man, along with Bill Bray and Nick Masset. The plan with hard-throwing Aroldis Chapman is reportedly to convert him into a starter. Still, with Marshall and Madson being added, the Reds appear to have a strong back-end.

The fallout for two free agent pitchers is very evident here. First of all, as alluded to above, Cordero is now not going to remain in Cincinnati, so he'll have to look elsewhere. Also, the Reds had been connected to Kerry Wood in rumors this week, but that is no longer an option. So Wood is down to the Phillies and Cubs, using past reports as a guide.

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Comments

Since: May 22, 2007
Posted on: January 11, 2012 7:00 am
 

Reds to sign Madson to one-year contract

Certainly a nice pickup for the Reds...I know the Phillies will miss him, but I think they have enough pitchers in the pen to have a good setup man. I think Madson wanted too much money, and when the Phillies signed former Red Sox closer, Jonathon Pappelbon, the die was cast.



Since: Aug 31, 2006
Posted on: January 11, 2012 6:20 am
 

Reds to sign Madson to one-year contract

I AGREE THAT SOMETIMES HE'S JUST AWFUL. BUT THAT WAS AS A SETUP GUY, THIS PAST SEASON(HIS 1ST AS A CLOSER) HE WAS 100% UNHITTABLE----====---==NO DOUBT ABOUT IT. MY ONLY RESERVATION WITH SIGNING HIM TO BIG BUCKS LONG TERM WAS THE FACT THAT HE ONLY CLOSED THE 1 YEAR????/////LAST YEAR.



Since: Jul 30, 2007
Posted on: January 11, 2012 5:19 am
 

Reds to sign Madson to one-year contract

Good luck with Madson. As a Phillies fan I have watched him his entire career. Hes a great pitcher that sometimes has a meltdown. Better remove furniture in the clubhouse because he likes to kick and punch things,lol. Ahh that only happened a couple times. When hes on he is unhittable. Cincy will love him. His wife hated Philly because of our  negative things fans say when people dont do well. She needs to grow a pair seriously. But your not getting Madson for his wife. Cincy will love this guys. Hes a stud. Congrats Cincy, You got a good one.



Since: May 7, 2010
Posted on: January 11, 2012 3:21 am
 

Reds to sign Madson to one-year contract

Bob Nightengale of USA Today reports that Ryan Madson's one-year deal with the Reds is worth in excess of $10 million. if this is true good for him thats great money for a one year deal.



Since: Jan 9, 2007
Posted on: January 11, 2012 2:08 am
 

Reds to sign Madson to one-year contract

what the heck? the closer market dried up? the Reds get Madson on the cheap (I assume?) why wasn't Baltimore in on this??? very disappointing. Madson was pretty good last year and has been a decent pitcher for a couple years. He should do will in Cincy.



Since: May 8, 2007
Posted on: January 11, 2012 12:18 am
 

Reds to sign Madson to one-year contract

One of those times where patience appears to have paid off for the Reds. It's a move that makes sense for Madsen, giving him a chance to re-establish himself for the free agent market again next offseason. I suspect the Phillies (and potentially others) felt better about giving Papelbon his contract, rather than Madsen's reported deal. It only makes sense that he needs to prove himself beyond a year and a half in order to land a big contract. BJ Ryan is a prime example of why it's a gamble to throw that much money at a closer. 



Since: Jan 10, 2007
Posted on: January 10, 2012 11:51 pm
 

Reds to sign Madson to one-year contract

Woot Woot... way to go Jockety!!
Sayonara Coco!!




Since: Jan 5, 2009
Posted on: January 10, 2012 11:37 pm
 

Reds to sign Madson to one-year contract

Balllllllllin'


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com