Look for the Reds to be active on the trade market, as GM Walt Jocketty decides whether to use his trade chips and limited payroll flexibility on a front-of-the-rotation starter or a middle-of-the-order bat.
Guaranteed Contracts
- Bronson Arroyo, SP: $13.5MM through 2013, plus significant deferred money
- Scott Rolen, 3B: $6.5MM through 2012
- Joey Votto, 1B: $26.5MM through 2013
- Aroldis Chapman, SP/RP: $7MM through 2014
- Johnny Cueto, SP: $23.6MM through 2014
- Jay Bruce, RF: $48MM through 2016
- Yonder Alonso, LF: $1MM through 2012
- Miguel Cairo, IF: $1MM through 2012
- Ryan Hanigan, C: $3.25MM through 2013
Contractual Options
- Brandon Phillips, Type A 2B: $12MM club option with a $1MM buyout
Arbitration Eligible Players (estimated salaries)
- Nick Masset, RP: $2.4MM
- Edinson Volquez, SP: $2.3MM
- Homer Bailey, SP: $1.8MM
- Bill Bray, RP: $1.4MM
- Jose Arredondo, RP: $1MM
- Jared Burton, RP: $900K (non-tender candidate)
- Paul Janish, SS: $800K (non-tender candidate)
Free Agents
- Francisco Cordero (Type A RP), Ramon Hernandez (Type A C), Edgar Renteria (unranked SS), Dontrelle Willis (unranked SP)
The Reds had a strong offense again in 2011, but were unable to muster the needed support from their starting pitching. GM Walt Jocketty continues to face limited payroll flexibility, especially if he retains certain veterans. Jocketty's own situation was resolved in September, when ownership extended him through 2014.
There's little doubt Phillips will return in 2012, though the second baseman has indicated he'd be insulted if the Reds merely pick up his option rather than extend him. That's just talk, though — Phillips would have no basis to demand a trade, and if his performance drops off significantly it will affect his free agent payday. An extension could help the Reds in the short-term by potentially reducing Phillips' 2012 salary, though he's said there will be no "homeboy hookup." If Dan Uggla's contract is a guide, the Reds should be prepared to pay Phillips $13MM annually or else move on.
Keeping one of the game's best second basemen makes sense, but hopefully, Jocketty keeps the price down on a potential two-year deal to retain Cordero. The 36-year-old became a low-strikeout groundball pitcher this year. The transformation was effective in 2011, but the Reds can't afford to commit $5MM a year for two more seasons of Cordero. That'd be placing a premium on the save statistic, a market inefficiency the Reds should avoid.
If the Reds have an $83MM payroll next year and retain Phillips for $12MM and Cordero for $5MM, that'd leave only $7MM in flexibility before considering minimum salary players. The Reds could free up payroll by trading disappointing arbitration eligible players like Masset, Volquez, or Bailey, but they all project affordably at around $2MM each.
In September, Ken Rosenthal of FOX Sports wrote the Reds' number one goal is to add a middle-of-the-order hitter at left field, third base, shortstop, or center field. The Reds have solid incumbents at each spot, led by Alonso, Rolen, Zack Cozart, and Drew Stubbs. Grady Sizemore could be an interesting free agent target, otherwise, those are tough positions to fill with affordable middle-of-the-order bats through any means.
The rotation is another big need, one Jocketty tried to address by checking in on Ubaldo Jimenez and James Shields at the trade deadline. The Reds are deep in fourth and fifth starter types, said pitching coach Bryan Price in September, but they need a number two type at the front. The Reds have starters with good stuff, but their most dynamic young pitchers seem unlikely to rack up 200 innings. Chapman will probably get a look, but he's a wild card if there ever was one.
The Reds have trade bait all over the place with their depth at catcher, interesting young starters, and promising position players in Alonso and Chris Heisey. Alonso is a first baseman by trade, but he's penciled in as a left fielder due to Votto's presence. If Alonso's big league debut this year was any indication, they're not going to find a better bat on the trade market. Perhaps a Votto trade will make sense a year from now and Alonso can play left field until then. The problem is the Reds can't acquire a front-rotation starter like Shields without starting their offer with Devin Mesoraco or Alonso. The Reds could match up well with the White Sox, who may listen on Gavin Floyd, John Danks, and Carlos Quentin.
The Reds are likely to lose a top offensive catcher in Hernandez, but Mesoraco appears as one of few catching prospects able to replace his bat. An arbitration offer is probably in order for Hernandez, a Type A free agent.
The Reds' offense should remain strong, especially if they get more out of Stubbs or Rolen next year. Jocketty's big challenge is trading for an affordable front-line starter, especially since top chips Mesoraco and Alonso are penciled in for important roles next year.
Jay
That is not entirely true. Billy Hamilton is looking really good. Though he I think only just may have made it to AA this year.
I think the Reds are going to pony up and pay Phillips pretty well.
Jay
That option has not been officially declined yet.. Not sure things have been really quiet in Reds world over the past several weeks.
Jay
Agree Bruce is going no where. Fans love him and the team got a pretty friendly contract on him for many years to come.
Jay
OK honestly whats wrong with that offer. it might need a little more cake given up on the reds Side but I honestly don’t think too much more would have to be given up.
Jay
Like you I am very nervous about this offseason. There are a things that need to get done but I just don’t see how they are going to get done without doing things that will leave the team vulnerable in the near future.
Jay
No you could not or if you did it would be a pop up or some other kind of out in the field. ok I don’t really know you but Arroyo had a bad year yes. He is completely changing his offseason plans and is going to shape up and work on stamina and lots of exercising. I would bet you 100 bucks at least that he has a better season next year assuming he does not get injured.
douger007
Given his contract, I’m pretty sure no one has mentioned ‘getting rid’ of him because that would probably require eating a significant portion of said contract. But I agree with Jay. If we can get a more Arroyo-like year from Arroyo in 2012, I’m OK with him being part of the rotation. I just can’t see how the Reds can make a splash this offseason without sacrificing the future. I want to, but I can’t.
Van Wilhoite
MVottoP for KeMvP.
Van Wilhoite
Trevor Cahill? Come on- pitching in Oakland masks the fact he’s a terrible pitcher. He had a 5.23! road ERA last year. His overall k/w ratio is less than 2:1.
Brandon Froedge
Most Reds fans are clammoring for splashy moves after a dissapointing season. But my take is that 7M isn’t enough payroll flexibility to do much. Unloading top-flight prospects isn’t the road to success for small/mid-market teams. Draft choices and a farm system is. The Reds have done well in those areas for years, it has paid significant dividends, and is ready to pay off even bigger if they will stay patient for another year or two. Trade for a middle of the order bat? You have Alonso ready to produce; not to mention Mesaraco. Trade for a number two starter? Chapman could be it (I cede that he IS a “wild card if there ever was one”). I say stick. Except Dusty. Dump.