madson getty

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.

Diamondbacks sign Jeff Mathis to a two-year, $4 million deal

SAN DIEGO, CALIFORNIA - JUNE 14:  Jeff Mathis #6 of the Miami Marlins hits a grand slam during the first inning of a baseball game against the San Diego Padres at PETCO Park on June 14, 2016 in San Diego, California.   (Photo by Denis Poroy/Getty Images)
Denis Poroy/Getty Images
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The Diamondbacks announced on Monday that the club signed catcher Jeff Mathis to a two-year, $4 million contract.

Mathis, 33, isn’t much with the stick as he owns a career .197/.254/.308 triple-slash line over parts of 12 seasons in the majors. The veteran, though, is well-regarded for his ability to play defense, call games, handle a pitching staff, and get along with his teammates in the clubhouse. As Craig mentioned last year, Mathis is often talked about as a future manager.

The D-Backs non-tendered Welington Castillo on Friday, so Chris Herrmann and Mathis are the team’s two catchers as presently constructed.

Jimmy Rollins wants to play in 2017

ARLINGTON, TX - MAY 10:  Jimmy Rollins #7 of the Chicago White Sox at Globe Life Park in Arlington on May 10, 2016 in Arlington, Texas.  (Photo by Ronald Martinez/Getty Images)
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ESPN’s Buster Olney reports that free agent shortstop Jimmy Rollins wants to continue playing in 2017.

Rollins, 38, signed a minor league deal with the White Sox for the 2016 season but hit a disappointing .221/.295/.329 over 166 plate appearances. The club released Rollins in the middle of June and he did not sign with a new team. He did join TBS as part of their playoff coverage.

Rollins is almost certainly looking at another minor league contract and will have to earn his way onto a major league roster by performing well in spring training.