Phillies “reconsidering options” with Ryan Madson deal in flux

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Ryan Madson’s four-year, $44 million contract with the Phillies has not yet been approved by ownership and now Ken Rosenthal of FOXSports.com writes that reports of the deal being completed “may have been premature.”

In fact, according to Rosenthal “the team is reconsidering its options” and might get back in touch with Jonathan Papelbon, whom they viewed as the primary fallback choice to Madson.

Most likely Madson will eventually re-sign with the Phillies, but the holdup is a weird one considering how many different sources had the two sides in agreement last night.

Assuming the deal gets done Madson will dramatically raise the bar for other free agent closers.

There is a “one million percent” chance Aroldis Champan will opt-out of his deal

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Ken Rosenthal of The Athletic reports that there is a “one million percent” chance Yankees closer Aroldis Chapman will opt out once the season ends.

Just going by the math this makes perfect sense, of course.

Chapman signed a five-year, $86 million deal with the Yankees before the 2017 season. Pursuant to the terms of the deal he’ll make $15 million a year in 2020 and 2021 (he was given an $11 million signing bonus that was finished being paid out last year). This past season the qualifying offer was $17.9 million. Craig Kimbrel of the Cubs just signed a deal that will pay him $16 million in 2020, 2021, and 2022 (he’s making a prorated $16 million this year). Other top closer salaries at the moment include Kenley Jansen ($19,333,334); and Wade Davis ($18 million).

It’s fair to say that Chapman fits into that group and, I think it’s safe to say, more teams would take him than those guys if they were all freely available. As such, Chapman opting out to get more money makes all kinds of sense. Heck, opting out, getting slapped with a qualifying offer, accepting it and then hitting the market unencumbered after the 2020 season would stand him in better financial stead than if he didn’t opt-out in the first place.

The question is whether the Yankees will let it get that far or whether they’ll approach him to renegotiate the final couple of years on the deal or to add some years onto the back of it. If they’re smart they will.