Creative Contracts

The Reds and Walt Jocketty have recently come up with some very creative ways to save money this offseason. Scott Rolen, Bronson Arroyo, and Joey Votto have all restructured their contract or signed new contracts that spread money throughout the next few years.

John Fay recently blogged about all the deferred money that the Reds have given their players. As Fay writes, because of all the money that has been deferred to later years, the Reds payroll on opening day 2011 will probably be below the opening day payroll in 2010 (76.1 million).

For example in Votto’s contract, he will make a base salary of 5.5 million in 2010, 9.5 million in 2012 and 17 million in 2013. Both Arroyo and Rolen will make 6.5 million in 2011. Deferring money has allowed the Reds to try to sign guys like Fred Lewis, Edgar Renteria, and Arthur Rhodes. What I would guess the Reds also plan to do is try to add a piece over the course of the season or at the trade deadline that will really help the ball club.

Last season, Walt Jocketty did make a push for Cliff Lee but lost out to the Texas Rangers. The Reds have plenty of trade pieces and with some money still available, taking on another salary would not be such a burden. Volquez and Cueto have still not signed a contract for 2011 but they figure to both make between 2.5-3.5 million dollars.

Other thoughts:

Nicholas Zettel of the Milwaukee Journal Sentinel wrote a pretty comprehensive preview of the 2011 Reds. He predicted between 83-93 wins in 2011.

As Steve Engbloom suggested, JJ Cooper wrote a great article on the state of the Reds organizational development of pitching.

Tags: Arthur Rhodes Baseball America Bronson Arroyo Cincinnati Reds Cliff Lee Edgar Renteria Edinson Volquez Fred Lewis Joey Votto Johnny Cueto Milwaukee Brewers Scott Rolen Texas Rangers Walt Jocketty

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