The Reds inked first baseman Joey Votto to a three-year, $38 million contract extension on Sunday, buying out all three of his arbitration-eligible seasons. Now John Fay of the Cincinnati Enquirer has the financial breakdown of the deal.
Votto will earn a $5 million salary in 2011, a $9.5 million salary in 2012 and a $17 million salary in 2013.
The Reds also gave Votto a $6 million signing bonus, but they spread it out over the next four years due to budgetary concerns. He got $2.5 million when he signed the dotted line last weekend, he will get $1.5 million in 2012 and a late $2 million payment in 2014.
Why the late payment on the signing bonus? According to Fay, the Reds have determined they can not afford to pay $20 million per season — or even $19 million per season — to one player and still remain competitive. That almost certainly means that Votto will leave Cincinnati when he becomes a free agent after the 2013 season.
Unless, of course, things change and the Reds find a new way to pump revenue into the club. With a solid group of young players, they should be good for the next several years. Maybe the fans will begin to pack Great American Ballpark every night and maybe jerseys will begin flying off the shelves. But there is no reason to think that will happen. Last year, when Cincy captured its first National League Central title since 1995, the club finished 20th in overall attendance with an average of 25,438 fans per game.
They’ll have to do better.
Nick Piecoro of the Arizona Republic reports that Diamondbacks pitcher Shelby Miller has a tear in his ulnar collateral ligament and is considering undergoing Tommy John surgery. Surgery would end Miller’s 2017 season and would cut into a significant portion — if not all — of his 2018 season as well.
Miller sent his MRI results to Dr. Neal ElAttrache and Dr. James Andrews for second and third opinions, respectively. He could choose to rehab his elbow rather than undergo surgery, but that comes with its own set of positives and negatives.
Miller lasted only four-plus innings in his most recent start on Sunday and carries a 4.09 ERA on the season, his second with the Diamondbacks. His time in Arizona has not gone well.
The Mets lost again on Thursday afternoon, suffering a 7-5 defeat at the hands of the Braves. It’s their sixth consecutive loss and the club is now in last place in the NL East. Not exactly the start the Mets envisioned.
Matt Harvey got the start, but lasted only 4 1/3 innings. He gave up six runs on five hits and five walks with only one strikeout. After the game, Harvey said he was tight and that he threw yesterday expecting to start on Friday instead, per Matt Ehalt of The Record. Sounds like no one communicated to Harvey that he’d be starting this afternoon until it was too late for him to properly prepare.
Harvey started because Noah Syndergaard was scratched due to a “tired arm.” Syndergaard blew reporters off after the game, according to Mike Puma of the New York Post. Puma then added that Syndergaard ripped Mets P.R. guy Jay Horwitz for letting reporters approach him.
By the way, the Mets also lost outfielder Yoenis Cespedes to a hamstring injury. Not much else can go wrong in Queens.