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Hall of Fame baseball writer Hal McCoy has retired from the Dayton Daily News after covering the Cincinnati Reds for 37 years. Hal's blog, though, will continue to be a must-read for Reds fans. He'll share his thoughts on the team this season and will file updates from Great American Ball Park. You also can catch Hal in print every Sunday in his popular Ask Hal columnHome > Blogs > The Real McCoy | Cincinnati Reds baseball news > Archives > 2012 > January > 11
Wednesday, January 11, 2012
Reds agree on terms with closer Madson
It looks as if the Cincinnati Reds have said good-bye to Coco Cordero and hello to Ryan Madson, according to several reports.
Madson becomes the Reds’ closer, replacing free agent Cordero, who could not come to an agreement to re-up with the Reds.
Madson, though, is more than an adequate replacement and is the third pitcher the Reds have added in the offseason.
GM Walt Jocketty earlier made trades for starter Matt Latos and set-up man Sean Marshall.
THE REDS HAVE not confirmed the deal because it isn’t done yet, not until Madson passes a physical. But here is the Associated Press report on the deal.
Madson and the Reds reached an oral agreement on an $8.5 million one-year contract.
Madson saved 32 games in 34 chances last year for the NL East champion Philadelphia Phillies.
The contract is subject to a written agreement.
Madson replaces Francisco Cordero as the closer in Cincinnati while Cordero remains a free agent after the Reds declined a $12 million option, choosing instead to pay him a $1 million buyout.
Madson nearly re-signed with the Phillies, but a four-year $44 million deal collapsed in November and the Phillies later reached a $50 million, four-year contract deal with closer Jonathan Papelbon.
In 491 career games, including 18 starts, Madson is 47-30 with a 3.59 ERA with 52 saves.
After years of success as a set-up guy, he took over for injured Brad Lidge as Philadelphia’s closer last year and went 4-2 with a 2.37 ERA in 62 games with a 3.59 ERA in 62 games. The lanky Madson allowed only two home runs and 16 walks in 60 2/3 innings.
Madson is coming off a three-year deal with the Phillies that guaranteed him $12 million and he earned $5.1 million last year, including a $600,000 bonus for games finished.
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