Reds lock up Bronson Arroyo through 2011

[savafan]

First Harang, and now Arroyo...this isn't what I'm used to from my Reds, but I'm excited nonetheless.

http://news.enquirer.com/apps/pbcs.d...PT04/302080023

[TacoBomber]

That's a long contract, an 18,004 year extension? Is Boras his agent

[TheoShmeo]

Now that's a long-term contract.

I'm a little surprised given all his happy talk about wanting to come back to the Red Sox (albeit with no home town discount this time).

On the other hand, Bronson was smart to cash in on his good season last year, though I wonder if he sold himself for short money again.

[ieddyi]

I guess this will end the talk of him pining to return to the sawx

[fredgmuggs]

20011, that seems like a year from a science fiction movie when I was a kid. Man, I'm getting old.

[In Mo I Trust]

That was such a great contract the Red Sox signed him to. He is a horse who will make under $4 million next year. Too bad the Sox won't be getting the benefits from that contract...............

Nice move by the Reds, with Harang, Arroyo, and Homer Bailey on the way their pitching isn't looking to bad.

[apolansk]

Now when does he get traded? Spring training again?

[savafan]

LOL, I got so excited I added an extra 0!

[fredgmuggs]

Now I'm really confused.

[gdn]

20011? 2001? 2011? What Is Going On Here!?!??!??!?!

[savafan]

Okay, I edited it to say 2011, which it does on my original post, but in the topic it says 2001??????

[DaPip1998]

His pitching stats will be applied retroactively.

[Snatch Catch]

So this works out to a 2/25 extension?

[whiffle]

Crazy. It seemed like he couldn't win after the break. I think hitters must have started sitting on the slow curve.

[swityak11]

So this works out to a 2/25 extension?

Or from the Reds' perspective, a 4/33 deal from now until 2010 which I think is pretty good considering the market.

[Snatch Catch]

Or from the Reds' perspective, a 4/33 deal from now until 2010 which I think is pretty good considering the market.

No, it's a 2/25 addition to a palatable contract.

[Prickly Pete]

Crazy. It seemed like he couldn't win after the break. I think hitters must have started sitting on the slow curve.

He had a rough stretch in July and August and the conventional wisdom was that the league had adjusted and caught up to him. Then he went 4-2 with a 2.45 ERA and a WHIP under 1.00 in 7 starts in September/October.

[Prickly Pete]

No, it's a 2/25 addition to a palatable contract.

Usually the reason a team agrees to an extension this far from free agency is because they're getting a bit of a discount, but whether Arroyo is leaving any money on the table here depends on whether you think the FA pitching market is going to be as insane in two years as it was this year.

Existing contract:
2007: $4.125 million
2008: $3.95 million

New extension
2009: $9.5 million + $2.5 million signing bonus
2010: $11 million
2011: $11 million team option or $2 million buyout (option value can increase to $13 million based on IP)

[whiffle]

He had a rough stretch in July and August and the conventional wisdom was that the league had adjusted and caught up to him. Then he went 4-2 with a 2.45 ERA and a WHIP under 1.00 in 7 starts in September/October.

Interesting. I just never understood his success. He seems to try to snap the curve off without much control over location... other than the angle that it's falling through the strike zone; (the kind of pitch you used to run up on and knock over the bushes back in the day).

[NYDCYankee]

I like the addition of Saarloos too.

[Pepper03]

That was such a great contract the Red Sox signed him to. He is a horse who will make under $4 million next year. Too bad the Sox won't be getting the benefits from that contract...............

Nice move by the Reds, with Harang, Arroyo, and Homer Bailey on the way their pitching isn't looking to bad.

I think the Red Sox are paying some of that small salary as well.

Good for Bronson, this pitching market is insanely overpriced.

[Snatch Catch]

Usually the reason a team agrees to an extension this far from free agency is because they're getting a bit of a discount, but whether Arroyo is leaving any money on the table here depends on whether you think the FA pitching market is going to be as insane in two years as it was this year.

Existing contract:
2007: $4.125 million
2008: $3.95 million

New extension
2009: $9.5 million + $2.5 million signing bonus
2010: $11 million
2011: $11 million team option or $2 million buyout (option value can increase to $13 million based on IP)

The three year deal with the Sox bought out his remaining arb years. There wasn't any substantial savings, or anything on that 3 year deal.

Now, they simply gave him a 2/25 deal for the first two years of his free agency. They paid going rates (some of the highest we've ever seen) for future years.

And they didn't have to.