Arroyo extended through 2013
MLB.com has confirmed that Bronson Arroyo has reached an agreement with the Reds for extension that takes him and the club through 2013. The total deal is three years worth $35 million.
That includes the $11.5 million option the club exercised last month.
The original option was actually re-worked and this is a new three-year contract. The dollar amount I had is the same. However, there will be an amount of deferred money. The contract does not include no-trade protection but Arroyo was assured enough that there were no plans to move him that he still signed the deal. He can become a 10-5 player with automatic no-trade rights in 2012.
Arroyo took his physical earlier today.
“I just wanted the opportunity to stay on this ball club for the next few years,” Arroyo said. “We’ve been running uphill for the last four years and finally got to the top of the mountain. We saw the finish line at least and made the playoffs. We’ll hopefully more good seasons and make a run at it.
“I enjoy everything about the place. I enjoy the places I go, the restaurants I eat at and my teammates, the ballpark and the fans. I’d sign a five-year extension if they let me but I’m getting old so they’re only giving me three.”
The club has not made the deal official yet.
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