Ryan Madson has declined his half of a mutual option for 2013, reports Jon Heyman of CBSSports.com. The option was worth $11MM, and he'll instead receive a $2.5MM buyout.
Madson, 32, did not pitch at all in 2012 due to Tommy John surgery after signing a one-year, $8.5MM deal with the Reds last winter. From 2009-2011 he pitched to a 2.78 ERA with 9.6 K/9 and 2.4 BB/9, however. The Phillies have some interest in bringing Madson back for next year according to Heyman, but the right-hander will seek a job closing.
Hawkeye250
Yeah I mean I’m sure he’ll just walk out into the open market and get more than $8.5 Mil, probably a smart move…
slasher016 2
Very doubtful coming off TJ.
jwsox
Probably not after tj. He will get a one year deal to reestablish value with maybe a second option year. But his buy out was probably higher if he opted out as opposed to the reds buying him out
ARod's Ring
Dumb move by Madson.
Jeff Hollon
Way to go Madson, you bum! Lots of loyalty to the Reds since they took care of you while you were injured. At least throw one pitch in a Reds uniform before you bolt!
CowboyJames
What?
Christopher McElroy
He couldve Picked up the option and stuck the reds with an 11 million dollar reliever coming off TJ…. would you have preferred that?
slasher016 2
It was a mutual option. The Reds would not have exercised their half.
Christopher McElroy
Sorry, my knowledge of mutual options is fuzzy at best, I was under the impression only one side had to pick it up, or that the player had priority or something. My bad.
rickjimbo
No harm no foul.
Player options are up to the player. Team options are up to the team. And mutual options require both sides to accept.
Christopher McElroy
Thanks!
Paul Shailor
Yea shame on him for getting injured! Shame! And insurance probably paid for it for the Reds, and you guys have a closer, so paying 11mm for a setup guy on a midmarket team sound appealing to you? You should be thankful.
Reginald Stone
Few teams insure one year deals. The Reds certainly did not. They took an 11 Mil flyer and lost out. Another 11 mil for a top notch closer that allows Chapman to become a top of the rotation starter… Hmm let me think about that ….. 11 mil for a rotation of Cueto, Champman, Latos, Bailey and Arroyo/Leake/Cheap free agent/scrap heap prospect. Sounds to me like exactly what a mid-market team would want.
Paul Shailor
well I guess we disagree about chapman becoming a starter, I assumed they would just keep him as closer since he did so well, so yes paying 11m for him to set up would be expensive…
RedsFan62
No the Reds had to eat Madson’s contract. Their team policy is to not take out insurance on one yr contracts.
jwsox
It’s actually more admirable that he opted out.
gmenfan 2
Sorry, but that’s called baseball.
Zak 2
2.5 million and didn’t throw a pitch…what’s wrong with this world
start_wearing_purple
Technically $8.5M.
DerekJeterDan
Jorge De La Rosa pitched 10 innings last year and is making 11M this year thanks to his option…
Paul Shailor
Yea I cant believe a player who signed a mutual option would test the FA market after losing his job and still being good. /sarcasm.
dylanp5030
He’s coming back to Philly! (Crosses fingers)
Sniderlover
Uhh, shouldn’t it be the other way around?
Matthew Wilson
$8.5M and didn’t throw a single pitch…..
Braves should just go ahead and trade Craig Kimbrel before the market gets to the point where he can reasonably ask for $100M…..
Matthew Wilson
3 downvotes already? Tough crowd….I stated a fact and then made a joke. I sincerely apologize to everyone I offended…..
jwsox
There are a ton of trolls on this site that down vote everyone for no reason. Go back to the day jeter hit his 3k and I bet there are down votes for people congratulating him. Also some people don’t understand sarcasm
sarcasm_robot
what’s sarcasm?
BradyAndersonsSideburns
No, those were O’s and Sox fans
Paul Shailor
Insurance probably paid for that, not his fault he got injured.
Gunner65
Most teams don’t purchase insurance on 1 year deal and that was the case with this contract. John Fay reported back when the injury happened that the Reds did not have insurance coverage on Madsen
Lefty_Orioles_Fan
The Phillies have some interest in bringing Madson back for next year, but the right-hander will seek a job closing. As you know, I am not the biggest of Phillies fans. However, with all the drama that ensued after the Phillies signed Papelbon. I cannot see Ruby going for this. As for Madson and the Reds, I just shake my head, it really is a shame.
Gunner65
I think he’ll take an incentive laden 1 year deal with any team willing to let him compete for a closer job
DerekJeterDan
He wants the opportunity to close. He had that opportunity with the Reds to start 2012 but lost it because he got injured and Chapman proved to be just unbelievable.
He’ll latch onto the team that gives him an opportunity. Unfortunately for Reds fans it didn’t work out, but Ryan Madson is no bum reliever. Just got hurt. It happens. Time to move on.
CowboyJames
Yes, sanity
Chris Smallwood
if Mo does not come back, i wouldnt be surprised if the yankees sign him.
thekidfromyesterday
Wow is all I can say not even 1 measly pitch
Kirby Annis
All I want for Christmas is a bullpen in Milwaukee… Please Doug, sign him.
tomymogo
Well Yankees, that’s an option
disqus_G8xi77DYlj
Jocketty will bring back Madson, as Ryan said, he has loyalty and unfinished business with the Reds, 1 year deal to be a set up man for Chappy, then re entering the market in 2013
stickyone
If he is getting a 1 year deal at reasonable money to rebuild his value, the Mets could use a new closer. and have no money to pay one a lot!
Sam Ba.
If Madson comes back to the Reds it will be as the closer, not a setup man. Chapman will be in the starting rotation next year. That’s been the plan for the last couple years, just hasn’t worked out. The Reds will either go after Broxton or Madson first to fill the closer role and then move Chapman to the starting five with Leake being the odd man out.
Tony DiQuattro
Don’t overreact, this is just a formality given it would have been declined on the other side.