Agent says Francisco Cordero has multi-year contract offers

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General manager Walt Jocketty revealed last week that the Reds have kept their one-year offer to Francisco Cordero on the table and the two sides continue to talk, but today agent Bean Stringfellow indicated that the veteran closer has multi-year offers from other teams.

“We’re making progress on a lot of fronts,” Stringfellow told Mark Sheldon of MLB.com. “Multi-year contracts are definitely involved. The Reds are involved and are still interested in bringing him back. I am talking with them on a regular basis.”

Cordero is coming off a four-year, $45 million deal and saved 37 games last season, but he’s also 37 years old and saw his strikeout rate plummet to a career-low 5.4 per nine innings. Cincinnati declined his $12 million option for 2012, paying him a $1 million buyout instead.

Toss in the fact that Ryan Madson is still on the market and if Stringfellow can secure a multi-year contract for Cordero he’ll certainly have more than earned his commission.