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.
- 2015 Preview: Chicago White Sox 8
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? 49
- 2015 Preview: Atlanta Braves 12
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” 108
- 2015 Preview: Chicago Cubs 14
- Unsigned 2014 No. 1 overall pick Brady Aiken undergoes Tommy John surgery 56
- 2015 Preview: Seattle Mariners 15
- Cardinals add “OT” patch for Oscar Taveras 76
- College baseball player cut after making offensive tweet about Mo’ne Davis (115)
- Ex-Cardinals outfielder Curt Ford was assaulted in St. Louis and told to “go back to Ferguson” (115)
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” (108)
- Mo’ne Davis says college ballplayer who wrote an offensive tweet about her deserves a second chance (88)
- Rob Manfred says it would be hard to reinstate Pete Rose in a limited way (84)