Francisco Cordero has a one-year offer on the table to return to the Reds

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It seems like everybody has already decided that Ryan Madson is the big loser in the game of musical chairs among free agent closers, but don’t forget that Francisco Cordero is also out there looking for a job.

The Reds acquired left-hander Sean Marshall from the Cubs last week, giving them a potential cost-effective alternative for the closer role, so Cordero is hurting for leverage at the moment. Reds general manager Walt Jocketty told John Fay of the Cincinnati Enquirer yesterday that the veteran right-hander currently has a one-year offer on the table to return.

“We’ve made an offer,” he said. “He’s deciding what to do. He’s got a couple of other offers.”

No word on the details of the Reds’ offer, but Fay guesses that it’s likely for $7 million or less.

Cordero, who turns 37 in May, earned $12.125 million this past season while posting a 2.45 ERA and 37 saves over 68 appearances. While he averaged a career-low 5.43 K/9 and showed decreased velocity, he also averaged 2.84 BB/9 — his best mark since 2002 — and induced ground balls at a career-high rate of 50 percent. The Reds declined his $12 million club option for 2012 in late-October.

Collin McHugh headed to injured list with elbow discomfort

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Astros starter Collin McHugh will be placed on the 10-day injured list due to discomfort in his right elbow, Chandler Rome of the Houston Chronicle reports. The Astros recalled Brady Rodgers from Triple-A Round Rock.

McHugh, 31, has struggled to a 6.04 ERA with a 48/16 K/BB ratio in 44 2/3 innings across eight starts and two relief appearances. If the elbow injury is really an elbow injury and not just an excuse for the Astros to give McHugh a reprieve, this could be bad news.

Rodgers, 28, posted a 3.22 ERA with 32 strikeouts and 16 walks in 44 2/3 innings in the minors this season. He had a cup of coffee with the Astros in 2016, yielding 14 runs in 8 1/3 innings. Here’s hoping his latest stint goes a bit better than that.