Jan 28, 2014, 12:01 PM EST
Joel Sherman of the New York Post reports that the Reds and closer Aroldis Chapman have settled on a one-year deal avoiding arbitration. His salary: $5 million, which is the midpoint between his asking price of $5.4 million and their offer $4.6 million.
And before you ask, yes, I realize that Chapman had a long-term deal with Cincinnati when he signed there. But under the terms of that deal, Chapman was eligible to convert the $3 million he was originally owed for 2014 into a bonus if he was eligible for arbitration. So the $3 million is now mere bonus with the $5 million as his salary, making him an $8 million man this year.
No word on whether that contract ever discussed converting him back into a starting pitcher, but I guess I lost that battle a couple of years ago.
- Chris Davis opens up about his Adderall suspension: “It was a moment of weakness” 0
- MLB.com names Byron Buxton as baseball’s top prospect for second straight year 22
- Yasiel Puig says the Cardinals are the Dodgers’ “principal rivals,” not the Giants 85
- Jayson Werth to serve five days in jail for reckless driving 48
- Keith Law’s top 100 prospects list is out 39
- Great Moments in Media Arrogance: Marshawn Lynch edition 173
- Nationals sign former Blue Jays closer Casey Janssen 11
- Ichiro Suzuki’s deal with the Marlins is worth $2 million 35
- Great Moments in Media Arrogance: Marshawn Lynch edition (173)
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts (118)
- Why “Deflategate” would never happen in baseball (96)
- Yasiel Puig says the Cardinals are the Dodgers’ “principal rivals,” not the Giants (85)
- The Yankees are going to try to get out of paying A-Rod his contract incentives (83)