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.
- Reds sign four-year contract extension with Devin Mesoraco 6
- The Yankees are going to try to get out of paying A-Rod his contract incentives 57
- How Commissioner Rob Manfred Can Make Baseball More Appealing 58
- Blue Jays cut off talks for Orioles executive Dan Duquette 46
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts 118
- Yankees reject A-Rod’s apology attempt 47
- Joe Posnanski: Remembering ‘Mr. Cub,’ Ernie Banks 17
- What they’re saying about the passing of Cubs legend Ernie Banks 7
- Bud Selig: The Greatest Commissioner in the History of Baseball (144)
- Max Scherzer’s seven-year deal with Nationals worth $210 million (119)
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts (118)
- Comments of the Day: some of you guys aren’t big Bud Selig fans (77)
- The 2015 Braves have “gravitas” and “veteran leadership” and will have dirty uniforms. Just kill me now. (76)