Reds “optimistic” about working out new contract with closer Francisco Cordero

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The Reds appear to be making quick progress in contract talks with closer Francisco Cordero.

Reds general manager Walt Jocketty told John Fay of the Cincinnati Enquirer this afternoon that he is “optimistic” the two sides will be able to work out a new deal in lieu of Cordero’s $12 million club option for 2012. They are currently in talks about a potential two-year deal.

“We’re just waiting more for them to get back to us. I’m more optimistic something will get done there in the near future just because we’ve made more progress.”

Cordero, 36, has a 2.49 ERA, 36 saves and a 42/18 K/BB ratio over 68 2/3 innings this season. While he has been excellent on the surface, his strikeout rate (5.50 K/9) and fastball velocity (93 mph, down from 95.1 mph career) have reached career-lows.

It appears Cordero is reaching the end, but with Aroldis Chapman expected to get another shot as a starting pitcher and Nick Masset regressing this season, it’s at least defensible to being him back on a two-year deal at a lesser annual salary.

Report: Yankees could be in on Nolan Arenado

Nolan Arenado
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The Yankees appear to have moved on from free agent Manny Machado this winter, but could they be turning their attention to Rockies superstar Nolan Arenado? That’s the idea floated by Andy Martino of SNY, who hears that GM Brian Cashman has been involved in recent discussions concerning the third baseman. No official comments have been made to the press yet, though, and it’s not clear whether the Yankees would prefer to pursue Arenado prior to the 2019 season or partway through it.

The 27-year-old infielder earned his fourth consecutive All-Star nomination, Silver Slugger, and Gold Glove award in 2018 after slashing .297/.374/.561 with 38 home runs, a .935 OPS, and 5.7 fWAR across 673 plate appearances. There’s no question he’s provided immense value to Colorado’s lineup over the last half-decade, and his consistency and incredible power at the plate helped form the basis of the record $30 million arbitration figure he presented to the team last week. The Rockies countered at $24 million, however, and in doing so may have jeopardized their chances of convincing the infielder to forego free agency in 2020 and take a long-term deal instead.

Assuming he declines to negotiate an extension with the Rockies, Arenado’s decorated résumé and career-best 2018 numbers should attract plenty of interest around the league — a reality that could put considerable pressure on the Yankees (or any other interested party) to finesse a deal sooner rather than later. For now, the club is prepared to enter the 2019 season with hot-hitting third baseman Miguel Andújar, whom Martino speculates would be the “centerpiece” of any trade with Colorado.