Results tagged ‘ Ryan Madson ’
What started out as a pie-in-the-sky, dream number now looks like a very hard dose of reality.
Zack Greinke is expected to garner a contract of six years at $150 million, making him the highest-paid right-handed pitcher in baseball history, according to Tuesday reports from Jon Heyman of CBSSports.com and Ken Rosenthal of FOXSports.com. Buster Olney of ESPN.com reported he could even beat CC Sabathia’s record contract of seven years and $161 million.
That may be too rich for the Angels’ blood.
And according to Danny Knobler of CBSSports.com, the Angels have pretty much relented, writing Tuesday that they are “now unlikely to sign” Greinke because they aren’t willing to shell out that kind of money. “Long-term costs are making it tough,” an industry source told MLB.com, adding that “there are financial limits” with the Angels.
And that’s part of the problem.
The Dodgers, reported by several media outlets to be the favorites, could generate up to $7 billion in a TV deal with FOX Sports that kicks in after 2013 — or, an average of $240 million for 25 years — according to a report by The Los Angeles Times. In short, they don’t really have “financial limits.” That gives them the ability to outbid anyone for Greinke, even though they already have nearly $200 million tied to 18 players.
The Angels agreed on a one-year contract with Ryan Madson Tuesday, which is pending a physical, but that’s expected to be a low-base salary, high-incentive deal. They cleared a bunch of money by letting Torii Hunter go, buying out Dan Haren’s option and dealing Ervin Santana.
But if the Dodgers are willing to write a blank check, as is essentially being reported, there isn’t much they can do.
Keep in mind, though, that this is a negotiation and a fluid situation. And agents sure have a way of driving up the price. The Angels are basically in a two-front bidding war for Greinke — against the Dodgers on the West coast, and against the Rangers in the AL West.
— Alden Gonzalez
UPDATE, WEDNESDAY, 10:46 A.M. PT: Madson finalized his contract with the Angels. It’s for a base salary of $3.5 million and can be valued up to $7 million. There’s up to $2.5 million based on time on the active roster, and $1 million for amount of games finished.
The Angels’ desire to upgrade the bullpen has seemingly taken them to Ryan Madson, who missed last season with Tommy John surgery but could be a big addition if he reverts back to form next year.
A source confirmed to MLB.com on Tuesday morning that the Angels and Madson are closing in on a one-year contract, following an initial report by CBSSports.com. Details are still being ironed out and the team hasn’t commented on the deal, which wouldn’t be official until Madson passes a physical.
A Madson-Angels pairing would in many ways be ideal, given Jerry Dipoto’s aspirations to add to the ‘pen but also balance that with the need for starting pitching, particularly Zack Greinke. Madson’s new contract is expected to be low in base salary and high in incentives, perhaps mainly based on games finished.
Madson, represented by Scott Boras, was born and raised in Southern California, currently lives in Temecula, Calif., and rehabbed from Tommy John surgery in Anaheim under the watch of Angels doctors. He had a base salary of $6 million during his lost season with the Reds in 2011, then declined his half of the $11 million mutual option for 2013 in order to get the $2.5 million buyout (the Reds would’ve declined their half anyway).
The Angels ranked fourth with a $159 million payroll last season, but cleared a lot of it by not resigning fan favorite Torii Hunter – quickly signed to a two-year, $26 million deal by the Tigers – paying $3.5 million to buy out Dan Haren’s option and sending more than 90 percent of Ervin Santana’s 2013 contract to the Royals.
With the remaining money, the Angels hope to fill two spots in their rotation and strengthen a bullpen that has totaled an American League-leading 47 blown saves the last two years.
If this deal gets finalized, and Madson bounces back, they can perhaps scratch that last part off their list.
— Alden Gonzalez
Free-agent closer Francisco Cordero expects to pick a team by the end of this week, and the Angels are one of four finalists for his services, a source with knowledge of the negotiations told MLB.com.
The identity of the other three clubs is not known at this point, but one of the four, the source said, is a championship-contending team looking to slot him in the eighth inning. That may be the Phillies, which could use a setup man for the recently signed Jonathan Papelbon. The Orioles have also reportedly been in touch. The Rays, which have a need in the ninth inning, are not one of those other three clubs, however.
At this point in the offseason, with the closer’s market dried up and a return to the Reds seemingly not possible, Cordero is open to signing a one-year deal, which would be huge for an Angels club that has already inked Albert Pujols and C.J. Wilson to long-term deals this offseason and doesn’t have much money to spend.
In Anaheim, Cordero would supplant 24-year-old Jordan Walden, who finished last year with a 2.98 ERA and 32 saves but fell off in September. Cordero, 36, is a three-time All-Star with a career 3.17 ERA and 327 saves. Last year with the Reds, he posted a 2.45 ERA and a 1.019 WHIP, and converted 37 of his 43 save chances.
The market for Cordero has taken a while to develop, mostly because teams figured a return to Cincinnati was a foregone conclusion. Once Ryan Madson signed a bargain-rate one-year, $8.5 million deal to be the Reds’ closer, though, interest around the league intensified.
The Angels were one of the first teams to reach out to Cordero’s representative, Bean Stringfellow, and have been in touch throughout the offseason, according to a source. They’ve also been in touch with right-handed reliever Luis Ayala.
— Alden Gonzalez
UPDATE — A baseball source confirmed to MLB.com that the Reds and Ryan Madson agreed to a one-year, $10 million contract.
According to several reports, the Reds have agreed to terms late Tuesday on a one-year contract with free agent closer Ryan Madson. CBSSports.com’s Jon Heyman reported it first. I am still trying to confirm this myself and have several calls out.
Citing sources, Heyman earlier in the evening that talks between the two sides were heating up and in the serious stages. However, a source familiar with the situation had downplayed the report to MLB.com, saying it was unlikely the Reds would get Madson unless his agent — Scott Boras — came well off the demand of a four-year, $44 million contract he had been reportedly been wanting.
And with this seeming to be a one-year deal for Madson, that certainly appears to be the case. USA Today reports the deal is worth in excess of$10 million.
The Reds have not announced any agreement. A message was left with general manager Walt Jocketty.
— Mark Sheldon
There is a CBSSports.com report that the Reds are in the serious stage of talks with free agent closer Ryan Madson, even saying that things were “heating up.”
A source told MLB.com on Tuesday night that the club has contacted almost every player on the market at one time or another. The source downplayed the report on Madson, saying it was unlikely unless Madson’s agent — Scott Boras — came well off the demand of a four-year, $44 million contract he had been reportedly wanted.
The Reds have maintained talks with the other free agent closer on the market — Francisco Cordero. Reds general manager Walt Jocketty said last week that the offer for Cordero would be for no more than one guaranteed year.
— Mark Sheldon
The Angels have recently had dialogue with the representative for veteran closer Francisco Cordero — though they may only be in the periphery right now — an industry source familiar with the discussions told MLB.com.
The source pinned the market for Cordero as down to three or four teams, with the Angels and Reds being two of them. At this point, however, it’s hard to gauge where the Angels stand in that race considering the money they’ve spent this offseason and general manager Jerry Dipoto’s recent statements — that he already has a good ninth-inning man in Jordan Walden, and that finding a closer has never been a priority this offseason.
Cordero is only looking to go into a situation where he can close, and he’d probably have to take a big paycut or backloaded deal — or both — to find a fit in Southern California. All along, his former team, the Reds, have seemed to be the favorite for Cordero (as Reds reporter Mark Sheldon outlined recently). But the Angels checked in with his agent, Bean Stringfellow, within the first 24 hours of the free-agency period and up until two days ago, the source said.
Asked on Thursday about the chances of landing high-profile closer Ryan Madson, Dipoto called it “very unlikely,” adding: “Through the course of this offseason, we have never prioritized a closer, and while it’s certainly appealing to think about the option of adding a guy like Ryan Madson, it just doesn’t fit what we’re trying to do right now, and that’s from a variety of different perspectives.”
The 36-year-old Cordero, a three-time All-Star, has compiled a 3.17 ERA and 327 saves in his 13-year career. With the Reds in 2011, he posted a 2.45 ERA and a 1.019 WHIP while converting 37 of his 43 save chances.
Contrary to swirling Internet rumors — and essentially a process of elimination — the Angels are “very, very unlikely” to sign free-agent closer Ryan Madson, general manager Jerry Dipoto told The Los Angeles Times on Thursday.
Dipoto’s statements are consistent with those he made from the Winter Meetings in early December, when he said he was looking for someone to “complement [current closer] Jordan Walden, not replace” him. But Madson’s market has dried up considerably as teams have used a deep talent pool of closers to fill their ninth-inning needs, and it took a major hit when the Red Sox traded with the Athletics for Andrew Bailey.
Madson’s present scenario, his Orange County, Calif., roots and the Angels’ bullpen struggles last season seemingly made the two a fit. But the Angels have already spent nearly $330 million on Albert Pujols and C.J. Wilson this offseason. And now, Dipoto has basically shot down his team’s chances of adding a proven closer like Madson.
“We’re trying to add depth, and in a perfect world, we’d like to find another guy to join Jordan Walden, Scott Downs and [offseason addition] LaTroy Hawkins to help with those last nine outs,” Dipoto told the LA Times. “But closer has never been the real priority.”
You probably shouldn’t completely rule it out just yet, though. Madson’s agent, Scott Boras, can be real creative and Dipoto has already displayed an element of surprise. If Madson is willing to take less money, and perhaps even sign a backloaded deal — like Pujols and Wilson did — maybe, just maybe there’s still a glimmer of hope.
As we’re experiencing with the Nationals and those links to Prince Fielder that don’t seem to go away, there are very few certainties in the free-agent market.
— Alden Gonzalez
That still remains to be seen. But on Wednesday afternoon — after the Red Sox acquired Andrew Bailey from the Athletics in exchange for three young players — it became more possible than ever.
With the Red Sox, a team with money to spend, filling a huge need in the back end of its bullpen by acquiring the young Bailey, the market for Madson has reached a new low. It’s now pretty clear that the 31-year-old right-hander won’t get anything close to what the Phillies reportedly offered him before turning their attention to Jonathan Papelbon (a four-year, $44 million contract).
But just how much of a pay cut he takes is the big question.
It’d have to be a pretty sizeable one for the Angels to be a fit, now that the team has committed more than $330 million to Albert Pujols and C.J. Wilson. But it’s interesting to note that Wilson turned down a larger contract from the Marlins in order to sign with the Angels and return to Orange County, Calif. — where Madson was also born.
Angels general manager Jerry Dipoto said during the Winter Meetings that his mission was to “complement [closer] Jordan Walden, not replace Jordan Walden.” In tune with that, he signed veteran right-hander LaTroy Hawkins to potentially help lefty Scott Downs in a setup role. But getting Madson would be a far bigger step towards improving a bullpen that was tied for first in the American League in blown saves last season.
So far, it appears the Rays and Reds are the two main teams that still need a closer. But the Reds and Francisco Cordero reportedly want a reunion, and the Rays don’t have the financial wherewithal to allocate a lot of money to the ninth inning.
Time for Scott Boras to get creative with Madson.
— Alden Gonzalez
Despite a lack of financial flexibility, the Angels continue to seek ways to address their bullpen situation.
Depending on his price, one option may be veteran closer Francisco Cordero. His agent, Bean Stringfellow, told WEEI.com on Tuesday that the Angels are one of four teams in play for the right-hander, along with the Reds — his former team, which reportedly wants him back — the Red Sox and a fourth, unidentified club.
Cordero is perhaps the best — and most expensive — free-agent reliever remaining after Ryan Madson, making the Angels the least likely fit among the above-mentioned clubs. Stringfellow told WEEI.com Cordero is looking for a multi-year deal and is only interested in going into a situation where he’s the clear-cut closer (which, in Anaheim, would mean the young Jordan Walden is supplanted).
The Angels have also reached out to the representative of former reliever Darren Oliver, a source familiar with his thinking told MLB.com. Oliver’s preference is to return to Texas, but is “not ruling out other contending teams,” the source said, adding that in order to accommodate the Angels, Oliver would be willing to defer most of his salary. Oliver put up a 2.29 ERA in 61 appearances last year, but is 41 and would give the Angels three lefties in the bullpen — along with Scott Downs and Hisanori Takahashi.
Another interesting candidate is Joel Zumaya, the former Tigers flame-thrower who missed all of 2011 after undergoing exploratory surgery on his right (throwing) elbow. Zumaya performed in front of what was believed to be about 50 scouts in Houston last Wednesday, and some of them were members of the Angels, general manager Jerry Dipoto confirmed. Someone in attendance told FOXSports.com’s Ken Rosenthal he threw his fastball from 93-96 mph and had a decent curveball and OK command.
Some other, cheaper, right-handed options in the free-agent bin: Luis Ayala, Juan Cruz, Scott Linebrink, Dan Wheeler and Jamey Wright. Most of them, however, may not sign deals until more materializes later in the offseason. Sources told MLB.com the Angels have yet to reach out to Ayala or Wheeler in particular.
The Angels previously added LaTroy Hawkins — on a one-year, $3 million contract — in hopes of improving a bullpen that was tied for the American League lead in blown saves last season. Dipoto previously said he’s looking for someone to “complement Jordan Walden; not replace Jordan Walden.”
— Alden Gonzalez
Contrary to what Heath Bell told The Los Angeles Times after his introductory press conference with the Miami Marlins on Monday, the Angels did not make an offer to the free-agent closer, general manager Jerry DiPoto said. In fact, DiPoto added, the Angels have yet to make any offers to any closers.
“We did not make an offer to Heath Bell,” DiPoto said from his suite at the Hilton Anatole in Dallas. “We’ve gone into this, and to this point, exploring different options. One of those has not been making an offer to a ninth-inning guy.”
That would mean no offers for the likes of Ryan Madson, Francisco Cordero or Francisco Rodriguez. While the Angels still want to add a back-end bullpen piece, the presence of Jordan Walden means finding a tenured (and rather expensive) closer isn’t the first priority.
Adding offense and starting pitching supersede that.
“I just don’t think it’s our primary need,” DiPoto said of closers. “If I were lining up the importance of what we need — and I won’t say it’s in a certain order, but I think the idea of a functionality offensively, or diversity in our offense, as well as an obvious void in our starting rotation, would take precendent over [a closer].”