Reds pickup Phillips option, decline Cordero
The Reds exercised Brandon Phillips’ $12 million option, declined Francisco Cordero’s $12 million option ($1 million buyout) and outrighted RHPs Jared Burton and Daryl Thompson. LHP Matt Maloney was claimed off of waivers by the Twins. OF Denis Phipps’ contract was selected so he is now on the 40-man roster.
The door remains open for Cordero to return.
“We’ll still continue to both players about long term deals,” said Reds general manager Walt Jocketty about Phillips and Cordero. “We didn’t want to pick up Cordero for the amount of money it would be.”
Also on Cordero:
“We told them he should go out and check the market and see,” Jocketty said. “We can talk again.”
I will have more later on Reds.com and MLB.com