Jan 16, 2011, 9:51 AM EDT
UPDATE: A three-year, $38 million contract extension was agreed to on Sunday afternoon.
Reds first baseman Joey Votto qualifies for arbitration this winter for the first time in his major league career. But he may never actually have to face an arbitration hearing.
The slugger is in line for a massive raise from the $550,000 salary that he pulled in last season while capturing National League MVP honors, so the Reds are being proactive in the month or so before spring training and are looking into signing him to a multi-year contract extension, according to SI.com’s Jon Heyman.
The Reds could simply give Votto a three-year deal that would cover all of his arbitration eligible seasons and keep him in Cincy through 2013 at a fairly bargain rate — something like $37 million. Or they could pony up even more and buy out some of his free agent years, albeit at a higher overall price tag.
The 27-year-old has all of the leverage in the world this offseason after posting a scorching .324/.424/.600 batting line, 37 home runs and 113 RBI in 2010, but there’s little doubt that he is going to be highly productive for at least the next several seasons. The Reds may save themselves some cash in the long run (and the pain of possibly losing Votto to free agency) by getting a big extension worked out this winter.
- And That Happened: Monday’s scores and highlights 10
- Report: Cubs calling up prospect infielder Addison Russell 14
- Jonathan Lucroy headed to disabled list with broken toe 8
- Reds manager Bryan Price goes on profanity-laden tirade against media 57
- And That Happened: Sunday’s scores and highlights 75
- Report: Marlins manager Mike Redmond is on the hot seat 41
- Five Royals ejected in Sunday’s series finale against the Athletics 88
- White Sox will promote Carlos Rodon on Monday 14
- The Commissioner’s Office thinks that the Angels could indeed go after Josh Hamilton under his contract (153)
- “We no longer need the terrorists. We’re now so good at terrorizing ourselves.” (143)
- Another argument in favor of making the DH universal (129)
- When it comes to Josh Hamilton, Arte Moreno is a craven opportunist, not a “smart businessman” (116)
- Joe Buck has a truly awful suggestion about how to improve MLB broadcasts (111)