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Votto’s contract details paint a scary picture for Reds fans

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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.

Josh Johnson retires from baseball

PEORIA, AZ - FEBRUARY 21: Josh Johnson #55 of the San Diego Padres poses during Picture Day on February 21, 2014 at the Peoria Sports Complex in Peoria, Arizona. (Photo by Mike McGinnis/Getty Images)
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Oft-injured pitcher Josh Johnson is retiring from baseball, ESPN’s Jerry Crasnick is reporting.

Johnson, 32, hasn’t pitched in the majors since 2013. The right-hander underwent his third Tommy John surgery in September 2015 but wasn’t able to bounce back.

Johnson spent most of his career with the Marlins, but also pitched for the Blue Jays in the big leagues, as well as the Padres in the minors. He retires with a career 3.40 ERA, 915 strikeouts across 998 innings in the majors, and two All-Star nominations. Johnson led the National League with a 2.30 ERA in 2010, finishing fifth in NL Cy Young Award balloting. One wonders what he could have accomplished if he was able to stay healthy.

Report: Angels close to a multi-year deal with Luis Valbuena

HOUSTON, TX - JULY 08:  Luis Valbuena #18 of the Houston Astros hits a three run walkoff home run in the ninth inning to defeat the Oakland Athletics 10-9 at Minute Maid Park on July 8, 2016 in Houston, Texas.  (Photo by Bob Levey/Getty Images)
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The Angels are nearing a multi-year deal with free agent third baseman Luis Valbuena, Jeff Fletcher of the Orange County Register reports. It’s believed to be a two-year contract with a third-year option.

Valbuena, 31, hit .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances in 2016. He missed most of the second half with a hamstring injury, for which he underwent surgery in late August.

Valbuena has played a majority of his career at third base, but also has extensive experience at second base and has racked up innings at first base and shortstop as well. He won’t play every day for the Angels, as Yunel Escobar lays claim to third base and C.J. Cron first base, but he will give them flexibility and a left-handed bat off the bench.