Oct 31, 2011, 5:11 PM EDT
Cordero will get a $1 million buyout instead and joins an already crowded closer market, although the Reds have repeatedly indicated that they’d like to re-sign him for a lesser salary. Cordero had 37 saves and a nice-looking 2.45 ERA, but also posted by far the worst strikeout rate of his career at age 36.
Phillips is a no-brainer for $12 million, so the bigger question will be whether the Reds make a significant effort to sign him beyond 2012. Phillips is one season away from a big payday as a free agent and the 30-year-old has said he’s not interested in giving Cincinnati a hometown discount.
- Tigers acquire closer Joakim Soria from the Rangers 9
- Phillies officials “have contemplated the possibility of paying off” and releasing Ryan Howard 29
- The dizzying intellect of Tom Glavine 17
- Verducci: baseball should think about an “illegal defense” rule to combat shifts 158
- Chase Headley plays the hero in his first game in pinstripes 30
- And That Happened: Tuesday’s scores and highlights 29
- Rockies place Troy Tulowitzki on the disabled list 18
- Rob Manfred “heavily favored” to be Bud Selig’s replacement 29
- Verducci: baseball should think about an “illegal defense” rule to combat shifts (158)
- Luke Scott released from Korean team after calling coach a “liar” and a “coward” (108)
- Yankees acquire Chase Headley from Padres (108)
- Who is the next Face of Baseball? (97)
- David Ortiz passes Carl Yastrzemski on the all-time home run list — is he a Hall of Famer? (92)