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Reds “optimistic” about working out new contract with closer Francisco Cordero

Sep 27, 2011, 8:40 PM EDT

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The Reds appear to be making quick progress in contract talks with closer Francisco Cordero.

Reds general manager Walt Jocketty told John Fay of the Cincinnati Enquirer this afternoon that he is “optimistic” the two sides will be able to work out a new deal in lieu of Cordero’s $12 million club option for 2012. They are currently in talks about a potential two-year deal.

“We’re just waiting more for them to get back to us. I’m more optimistic something will get done there in the near future just because we’ve made more progress.”

Cordero, 36, has a 2.49 ERA, 36 saves and a 42/18 K/BB ratio over 68 2/3 innings this season. While he has been excellent on the surface, his strikeout rate (5.50 K/9) and fastball velocity (93 mph, down from 95.1 mph career) have reached career-lows.

It appears Cordero is reaching the end, but with Aroldis Chapman expected to get another shot as a starting pitcher and Nick Masset regressing this season, it’s at least defensible to being him back on a two-year deal at a lesser annual salary.

  1. metalhead65 - Sep 28, 2011 at 1:03 PM

    hurry gett this deal fast! the reds can’t afford to let a closer that makes games close and exciting when they shouldn’t be,who else is going to walk the bases loaded and then get a lucky double play like last night?I do not care how many saves the guy has he is the worst closerout there! you do not expect him to be perfect but is it to much to expect him to come and do his job without giving fans a heart attack every time?he doesn’t have to struke everybody out but how about a 1-2-3 inning for a change? if they are gonna whine about being a small market team then do not over pay this clown to come in and blow close games! besides you know he is due for a complete meltdown the min. he signs a multi-year deal.

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