How Hernandez affects payroll?
The re-signing of catcher Ramon Hernandez for $3 million next season on Monday certainly sent a conflicting signal from the Reds.
Reports last week said that club was reducing payroll, which triggered speculation that a salary dump was near and that Brandon Phillips would be the most marketable player for a trade.
“All of that stuff was speculation by a number of different writers,” Reds general manager Walt Jocketty said. “They see that our attendance is down and so that must mean our payroll will go down. We were grouped in with clubs that are reducing payroll but we’re not in that position and hopefully won’t be.”
Jocketty denied attempts are being made to trade Phillips. He also said that the club isn’t necessarily slashing the payroll that was at $73 million in 2009.
“We really don’t know yet,” Jocketty said. “The final budget won’t be done until December and then we’ll have a better idea once season tickets sales come in. It may have to come down some but it’s too early to say. I have to approach that way but if it’s not [that way], we’ll have a nice surplus.”
With Hernandez now signed, it seems less logical [or popular with fans] that the Reds would turn around and trade key members of the roster like Phillips or Bronson Arroyo. But man are things getting tight. I count nine players making a combined $64.75 million in 2010.
Francisco Cordero – $12M
Aaron Harang – $12.5M
Scott Rolen – $11M
Bronson Arroyo – $11M
Brandon Phillips – $6.75M
Willy Taveras – $4M
Hernandez – $3M
Mike Lincoln – $2.5M
Arthur Rhodes – $2M
As for Hernandez, Jocketty had this to say:
“He was a priority for us this winter,” Jocketty said on Monday. “He’s familiar with the club and our pitching staff. We’re confident his knee has recovered. He and [Ryan] Hanigan, we feel, is a good tandem catching wise.”
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