Dec 7, 2011, 10:54 PM EDT
Madson is a Type A free agent, so by rejecting the offer he will net the Phillies two compensatory draft picks when he signs with a different team.
The 31-year-old posted a dominant 2.37 ERA and 62/16 K/BB ratio in 60 2/3 innings this past year for Philadelphia, converting 32 saves in 34 opportunities. The Red Sox have expressed some interest in making him Papelbon’s replacement, but it doesn’t sound like a deal is close.
- Rockies place Troy Tulowitzki on the disabled list 17
- Rob Manfred “heavily favored” to be Bud Selig’s replacement 25
- Yankees acquire Chase Headley from Padres 105
- And That Happened: Monday’s scores and highlights 39
- Cliff Lee struggles in first start back from disabled list 15
- On the 10th anniversary of his MLB debut, let’s appreciate David Wright 29
- And That Happened: Sunday’s scores and highlights 36
- Odrisamer Despaigne loses his no-hitter with two outs in the eighth inning 8