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UPDATE: Reds ink Ryan Madson to one-year, $8.5 million deal

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UPDATE: Jerry Crasnick of ESPN.com reports that the deal is worth $8.5 million guaranteed while Bob Nightengale of USA Today adds that it includes some performance-based incentives.

The Phillies will receive two draft picks as compensation for Madson, though the new CBA stipulates that the Reds will not surrender their first-round pick.  Instead, the Phils are expected to pick prior to the Reds (14th overall) in the first-roundUPDATE: Silly new CBA rules. It appears the Phillies will get a supplemental first-round pick and a second-round pick.

11:50 PM, Tuesday: Bob Nightengale of USA Today reports that the deal is worth in excess of $10 million.

11:31 PM, Tuesday: Heyman adds that it’s a one-year deal. Still need to see the dollar amount, but you have to love this if you’re the Reds. And while Madson didn’t get the deal we all thought he would get back in November, he could get his money next offseason if he proves healthy and effective in 2012.

10:55 PM, Tuesday: Ryan Madson has finally found a home. Jon Heyman of CBSSports.com reports that the 31-year-old right-hander has agreed to terms with the Reds. No word on the specifics yet.

Madson saved 32 games in 34 chances with the Phillies in 2011 and owns a 2.89 ERA over the past five seasons. He’s an improvement over the declining Francisco Cordero in the closer role and just the latest sign that the Reds are going for it in the National League Central.

7:50 PM, Tuesday: According to John Fay of the Cincinnati Enquirer and Mark Sheldon of MLB.com, a Reds’ source has downplayed the club’s interest in Madson.

6:35 PM, Tuesday: The Reds remain in contact with Francisco Cordero about serving as their closer this season, but Jon Heyman of CBSSports.com reports that the club is also in “serious” talks with Ryan Madson.

Many consider Madson one of the biggest losers of the offseason since his reported four-year, $44 million deal with the Phillies fell through in the early part of November. Potential suitors have gone in other directions, leaving one of the best relievers in baseball out of a job. The Reds recently acquired right-hander Mat Latos from the Padres, so there’s no question they’re going for it in the National League Central, although Cordero would likely come at a significantly lower price.

Reds general manager Walt Jocketty told John Fay of the Cincinnati Enquirer this afternoon that he hopes to have the Cordero situation resolved “one way or another” this week, so one wonders if he is talking to Madson in order to force his hand.

The Reds’ bullpen set an ignominious record

CINCINNATI, OHIO - APRIL 08: Caleb Cotham #54 of the Cincinnati Reds pitches in the sixth inning of the game against the Pittsburgh Pirates at Great American Ball Park on April 8, 2016 in Cincinnati, Ohio. (Photo by Joe Robbins/Getty Images)
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Reds reliever Caleb Cotham allowed a pair of runs in the top of the eighth inning of Tuesday’s game against the Giants, setting a rather ignominious club record. It marks the 21st consecutive game in which the Reds’ bullpen has allowed a run, setting a new major league record, as C. Trent Rosecrans of the Cincinnati Enquirer points out.

Entering Tuesday’s action, the Reds’ bullpen had been by far the worst in the majors with a 6.54 ERA. The Padres’ bullpen, second-worst, is comparatively much better at 5.27.

The last time the Reds’ bullpen had a clean night was April 10 against the Pirates. That afternoon, Dan Straily, Jumbo Diaz, and Ross Ohlendorf combined for five scoreless innings in a 2-1 victory.

Aroldis Chapman will rejoin the Yankees on Monday

New York Yankees relief pitcher Aroldis Chapman goes into his windup against the Toronto Blue Jays during the fifth inning of a spring training baseball game Thursday, March 10, 2016, in Tampa, Fla. (AP Photo/Chris O'Meara)
AP Photo/Chris O'Meara
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Yankees reliever Aroldis Chapman was suspended 30 games by Major League Baseball under its domestic violence policy for an offseason incident in which he allegedly pushed and choked his girlfriend, then discharged a firearm at least eight times in his garage. Monday marks game number 30, and Chapman is set to rejoin the club then, MLB.com’s Bryan Hoch reports. Manager Joe Girardi plans to insert Chapman directly into the closer’s role if a save situation arises against the Royals on Monday.

Chapman will make two appearances in the Gulf Coast League this week to continue warming up. He had been throwing in extended spring training games at the Yankees’ complex in Tampa.

The Yankees acquired Chapman from the Reds at the end of December, sending Caleb Cotham, Rookie Davis, Eric Jagielo, and Tony Renda to Cincinnati in return. While the back end of the bullpen hasn’t been an issue for the Yankees, seemingly everything else has for the 8-15, last place club.

Hunter Harvey to undergo sports hernia surgery

Baltimore Orioles pitchers Chris Tillman, left, and Harvey Hunter (62) watch Brian Matusz throw a bullpen session during a spring training baseball workout in Sarasota, Fla., Monday, Feb. 23, 2015.  (AP Photo/Gene J. Puskar)
AP Photo/Gene J. Puskar
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Orioles pitching prospect Hunter Harvey will undergo sports hernia surgery this week, Eduardo A. Encina of the Baltimore Sun reports. He’ll be out of action for the next four to six weeks as a result.

Harvey suffered a groin strain during a minor league spring training game last month and reaggravated it during an extended spring training game last Thursday. A specialist found a tear which requires surgery to mend.

The 21-year-old Harvey remains the prospect in the Orioles’ minor league system (according to MLB Pipeline) despite not having advanced past the Single-A level. He last pitched in a regular season game on July 25, 2014. The right-hander has suffered a litany of injuries in the time since, including an elbow issue and a fractured leg.

The Potomac Nationals will play a triple-header on Wednesday

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On Monday, the Potomac Nationals were slated to play the Lynchburg Hillcats in a match-up of two Single-A teams. The game, however, was suspended in the fifth inning. The goal was to play a double-header on Tuesday — a nine-inning game followed by a seven-inning game.

Tuesday’s double-header, however, was postponed due to wet grounds. So the Nationals and Hillcats will play a triple-header on Wednesday starting at 3:00 PM EDT. The suspended game will be resumed in the fifth inning and then the two sides will play two seven-inning games, per the Potomac Nationals.

That, well, is something. Minor leaguers don’t get paid enough to play 19 innings (at least) in one day.