Nov 28, 2012, 1:40 PM EST
UPDATE: Madson passed the physical exam, so it’s a done deal. He gets $3.5 million in upfront money, plus a $2.5 million “roster bonus” and up to $1 million in incentives based on games finished. So he’s guaranteed less than half of what he got from the Reds last offseason and can earn up to $7 million.
According to Crasnick the rehabbing right-hander will get a one-year contract, assuming of course that he passes the physical exam after missing the entire season following Tommy John elbow surgery.
It’ll be interesting to see how much Madson gets, because when the Phillies turned to Jonathan Papelbon instead of re-signing him last offseason his market was limited enough that he settled for a one-year, $8.5 million deal from the Reds. Back then he was 30 years old and coming off a season in which he saved 32 games with a 2.37 ERA and 62/16 K/BB ratio in 61 innings. Now he’s 31 years old and coming off a season in which he didn’t throw a pitch because he needed his elbow reconstructed.
Madson is expected to become the Angels’ closer, which would allow manager Mike Scioscia to use Ernesto Frieri in a setup role.
- Joe Posnanski: Remembering ‘Mr. Cub,’ Ernie Banks 12
- What they’re saying about the passing of Cubs legend Ernie Banks 7
- Alex Rodriguez recently met with incoming MLB commissioner Rob Manfred 14
- Ernie Banks, one of baseball’s greatest players and greatest ambassadors has died at age 83 75
- Sean Doolittle has a “slight” rotator cuff tear, won’t be ready for Opening Day 4
- Ryan Vogelsong re-signs with Giants after flirting with Astros 17
- Phillies and Brewers moving closer to Jonathan Papelbon trade 52
- Pete Rose will be at the All-Star Game in Cincinnati this year 28
- Bud Selig: The Greatest Commissioner in the History of Baseball (143)
- Max Scherzer’s seven-year deal with Nationals worth $210 million (119)
- 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)
- Ernie Banks, one of baseball’s greatest players and greatest ambassadors has died at age 83 (75)