Jan 20, 2011, 6:29 PM EDT
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.
- The benches cleared in Toronto, too 0
- The Reds’ and Pirates’ benches cleared after Brandon Phillips was hit with a pitch 7
- Reminder: even though the trade deadline has passed, trades can still happen 9
- Settling the Scores: Saturday’s results 36
- Lucas Duda’s last eight hits have been home runs 11
- Report: Larry Lucchino stepping down as president and CEO of the Red Sox 31
- Clayton Kershaw blanks the Angels over eight innings, runs consecutive scoreless innings streak to 37 20
- Clayton Kershaw and Mike Trout make MLB history in Saturday’s matchup 13
- The benches cleared in Friday’s Giants-Rangers game (204)
- Blue Jays acquire David Price from the Tigers (112)
- Rangers land ace left-hander Cole Hamels from Phillies (106)
- Royals make another big move, get Ben Zobrist from A’s (95)
- Report: Rockies trade Troy Tulowitzki to Blue Jays for Jose Reyes and prospects (92)