Broxton signs three-year deal
The Reds have re-signed veteran free agent reliever Jonathan Broxton to a three-year contract worth $21 million on Wednesday morning, a source told MLB.com.
The deals carries a $9 million club option and has a limited no-trade clause. If he is traded, it becomes a $22 million contract with a mutual option. Broxton has already passed his physical.
The Reds have not made an announcement about a deal.
UPDATE — The Reds announced the deal a short time ago. There will be a conference call with Broxton and Reds assistant GM Bob Miller at 11 a.m. ET.
UPDATE No. 2 — Here is the full story on Broxton, with quotes from the reliever and assistant GM Bob Miller.