Jan 20, 2011, 6:29 PM EST
From Enrique Rojas of ESPN Deportes comes word that the Reds have agreed to a four-year, $27 million contract extension with young right-hander Johnny Cueto.
Cueto, 25 next month, was eligible for arbitration for the first time this winter. This new extension will allow both sides to avoid an often tumultuous arbitration hearing and will keep the talented Dominican native in Cincinnati through his first year of free agency.
Cueto posted a 3.64 ERA and 1.28 WHIP in 31 starts last season for the National League Central champion Reds, fanning 138 batters and walking only 56 across 185.2 innings of work. He finished with a 4.41 ERA and 1.36 WHIP over 30 starts in 2009.
If his development continues as expected and he remains a reliable No. 2 or No. 3 starter over these next three seasons in Cincy, the extension should pay off greatly.
The Reds inked another one of their young talents, first baseman Joey Votto, to a three-year, $38 million contract extension just four days ago. It has been a busy little week for the Cincinnati front office.
- Chris Sale will be sidelined for three weeks with foot fracture 9
- Aramis Ramirez says 2015 will be his last year 31
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 290
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 51
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks 131
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (290)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties (106)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)