Chapman avoids arbitration

It appears that the Reds and closer Aroldis Chapman have avoided arbitration with a one-year, $5 million contract — reported Joel Sherman of the New York Post on Twitter Tuesday morning.

Update: I confirmed the deal being done.

The dollar figure is the midpoint between the two sides. Chapman, 25, filed for $5.4 million while the club offered $4.6 million. The Reds have made no announcement about a signing, yet.

All that remains now among the arbitration guys is RHP Homer Bailey.

Under the terms of the six-year, $30.25 million free agent contract he signed in 2010 after defecting from Cuba, Chapman could convert the $3 million he was owed for 2014 into a bonus if he was eligible for arbitration. So this will be a nice earning year for Chapman — $8 million total.

In 2013, he earned $2 million while posting 38 saves in 43 chances with a 2.54 ERA in 68 appearances.

5 Comments

that’s a lot of money

The Cuban Missile is WORTH EVERY penny and then some…..in a few years he will be making 10 x 5 mill….In LA or NYC.(if he stays strong and healthy)… A true fan favorite….Who else draws attention to the “jugs’ gun speed like the Missile….. I am very happy for him and his family (if he has been able to get them out of the hell hole of Communist Cuba)….

Wow that’s like Jonathan Broxton Money

Ken Rosenthal
FOX Sports
JAN 28, 2014 11:15p ET
MURKY FUTURE IN CINCINNATI

If the Reds aren’t thinking about trading a starter, maybe they should be. Right-hander Homer Bailey is a free agent after this season, and righties Mat Latos, Mike Leake and Johnny Cueto all could be free after 2015.

At some point, something has to give.

The Reds are trying to sign Bailey to an extension, but that might not be easy to do — Bailey, who turns 28 on May 3, is coming off two straight impressive seasons, and could seek $15 million to $17 million annually for his free-agent years.

Would the Reds want Bailey and first baseman Joey Votto accounting for nearly 40 percent of their payroll if they stayed in the $110 million range?

Latos, Leake and Cueto, meanwhile, are not all long-term solutions; just as the Reds are replacing righty Bronson Arroyo with lefty Tony Cingrani this season, they will replace one of the others with their top prospect, right-hander Robert Stephenson, as soon as ’15.

Why not be proactive and move one of the veterans now? The Reds could acquire a young starter as part of the return, then sign one of the many available free agents for immediate help.

Such moves, however, might compromise the club short term, something the Reds apparently do not want to do. A trade of Latos, Leake or Cueto might be more likely after next season, particularly if the Reds fail to make the playoffs.

In any case, the Reds will need to be creative to compete in the NL Central with the defending National League champion St. Louis Cardinals, who are in a far more flexible position.

The Cardinals possess not only greater resources than the Reds, but also more affordable young talent.

THIS IS NOT BLOG WORTHY NEB or Mr Rosenthal…
Where is Paul Daughtery when we need him for insightful journalism…..I am sick of stories that either: Are not news; ARE LOW HANGING OBVIOUS TO THE BAT BOY FRUIT; and/or not even worth the ink used…..
Let’s have a detailed article on the $$$$ spent by all the MLB teams….and a lux tax analysis of the teams that have to pay….then…. maybe a stroy on the analysis and how to get back to “the competitive balance of baseball” as commish Bowie Kuhn ruled in the VIDA BLUE non trade to the reds….(youngsters google it)….

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