Brandon Phillips on free agency: “no homeboy hookup”

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Reds GM Walt Jocketty announced Wednesday morning that he plans to exercise Brandon Phillips’ $12 million club option for the 2012 season. But what happens after that? Will the All-Star second baseman be allowed to hit the free agent market?

Our guess, based off Phillips’ comments Wednesday afternoon to MLB.com’s Mark Sheldon, is yes.

“This is my last contract,” Phillips said. “There is no homeboy hookup. I just want to be paid what I am worth.”

Phillips is one of the best defensive second basemen in the major leagues and has posted a .294/.346/.452 batting line with 18 home runs and 81 RBI in 144 games this season, so “what I am worth” is likely to be a hefty sum. The Reds are far from broke, but their payroll typically ranks in the bottom half among baseball’s 30 franchises. If Phillips is not going to be giving the small-market club a hometown (er, “homeboy”) discount, there’s a good chance Cincinnati will be outbid.