madson getty

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


UPDATE: Jerry Crasnick of 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 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, 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 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.

Billy Beane promoted to VP, David Forst named A’s general manager

billy beane getty

I’m so old I remember when general managers used to run baseball operations departments. Now they’re basically assistants.

The latest example: the Oakland Athletics have promoted Billy Beane to vice president of baseball operations and have named David Forst general manager. Forst has been with the A’s for 16 years and has been Beane’s assistant for 12 years, so it’s not exactly a situation in which Forst will be making the final calls. The official move came today, though the move has been in the works for some time, it seems.

Someone with a lot of good front office access is going to write a good story this winter about the title inflation going on in Major League Baseball over the past year. And it’s gonna be great when one of his or her sources breaks the pattern of saying “well, baseball transactions are so much more complex these days . . . ” and admits “hey, if Theo gets a fancy title and La Russa gets a fancy title I WANT A FANCY TITLE TOO.”

Not that it’s much of a secret as it is.

Brewers fire pitching coach Rick Kranitz

Wily Peralta, Rick Kranitz, Hernan Perez, Martin Maldonado
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Despite a change at general manager from Doug Melvin to David Stearns the Brewers quickly made it clear that they’re keeping Craig Counsell as manager, but today they fired pitching coach Rick Kranitz.

In fact, all of Milwaukee’s coaches except for hitting coach Darnell Coles and third base coach Ed Sedar were let go, as Counsell shakes up his staff after managing the Brewers to a 61-76 record as Ron Roenicke’s replacement.

Kranitz took over as the Brewers’ pitching coach in 2011, during which time they’ve ranked 11th among NL teams in ERA.