UPDATE: Reds ink Ryan Madson to one-year, $8.5 million deal

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UPDATE: Jerry Crasnick of ESPN.com reports that the deal is worth $8.5 million guaranteed while Bob Nightengale of USA Today adds that it includes some performance-based incentives.

The Phillies will receive two draft picks as compensation for Madson, though the new CBA stipulates that the Reds will not surrender their first-round pick.  Instead, the Phils are expected to pick prior to the Reds (14th overall) in the first-roundUPDATE: Silly new CBA rules. It appears the Phillies will get a supplemental first-round pick and a second-round pick.

11:50 PM, Tuesday: Bob Nightengale of USA Today reports that the deal is worth in excess of $10 million.

11:31 PM, Tuesday: Heyman adds that it’s a one-year deal. Still need to see the dollar amount, but you have to love this if you’re the Reds. And while Madson didn’t get the deal we all thought he would get back in November, he could get his money next offseason if he proves healthy and effective in 2012.

10:55 PM, Tuesday: Ryan Madson has finally found a home. Jon Heyman of CBSSports.com reports that the 31-year-old right-hander has agreed to terms with the Reds. No word on the specifics yet.

Madson saved 32 games in 34 chances with the Phillies in 2011 and owns a 2.89 ERA over the past five seasons. He’s an improvement over the declining Francisco Cordero in the closer role and just the latest sign that the Reds are going for it in the National League Central.

7:50 PM, Tuesday: According to John Fay of the Cincinnati Enquirer and Mark Sheldon of MLB.com, a Reds’ source has downplayed the club’s interest in Madson.

6:35 PM, Tuesday: The Reds remain in contact with Francisco Cordero about serving as their closer this season, but Jon Heyman of CBSSports.com reports that the club is also in “serious” talks with Ryan Madson.

Many consider Madson one of the biggest losers of the offseason since his reported four-year, $44 million deal with the Phillies fell through in the early part of November. Potential suitors have gone in other directions, leaving one of the best relievers in baseball out of a job. The Reds recently acquired right-hander Mat Latos from the Padres, so there’s no question they’re going for it in the National League Central, although Cordero would likely come at a significantly lower price.

Reds general manager Walt Jocketty told John Fay of the Cincinnati Enquirer this afternoon that he hopes to have the Cordero situation resolved “one way or another” this week, so one wonders if he is talking to Madson in order to force his hand.

Manny Machado to face another team that doesn’t like him very much

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Brewers fans booed the living heck out of Dodgers shortstop Manny Machado during the NLCS. They had reason to, of course, as Machado turned in a couple of pretty dirty plays. To Machado’s credit, he embraced the role of heel pretty well by grabbing his crotch in the crowd’s general direction in Game 7. I can’t say I want my kid doing that, but (a) Machado is not my kid; and (b) If you’re gonna be the bad guy anyway, you may as well own it, so thank you Manny. You provided us with some entertainment.

You might think that the ill-will toward Machado is over now, but that may not be the case. Because if you remember back to April and May of last year, there was a good bit of it between Machado and the Red Sox.

In a series between the Orioles and the Red Sox in late April 2017, Machado slid hard into Dustin Pedroia, injuring him. Despite the fact that Machado seemed genuinely concerned about Pedroia, suggesting no ill-intent — and despite the fact that Pedroia seemed OK with the play — Red Sox reliever Matt Barnes threw at Machado’s head later in the series in retaliation, earning a suspension.

Fast forward a week, when the teams met again, and Chris Sale — the World Series Game 1 starter — threw behind Machado, resulting in a warning being issued. Machado would later homer in the game, which one thinks would help bring some resolution to all of that, but after the game was over Sale’s pitch was still sticking in his craw.

As was the F-word. A lot of F-words were in Machado’s craw too:

That ended up being the end of all of that, but one wonders if Machado still harbors some ill will. Or if Barnes does. Or if Sale does. My guess is that even if they do harbor some ill will, or if Machado harbors ill will toward them, everyone will keep a lid on it because this is the freakin’ World Series and no one wants to hurt their team over a more than year-old beef.

But I bet the Fenway Faithful let Machado hear it. Keep a camera on Machado, Fox.