Posted by Frank Klose
Well, the idea of Ryan Madson coming back as a set-up man for Jonathan Papelbon was a pipe dream, but fun while it lasted.
According to Jon Heyman of CBS Sports, Madson and the Cincinnati Reds have agreed on a contract. Heyman did not disclose the terms.
Madson and the Phillies were rumored to be close on a four year, $44 million deal at one point, but the deal fell through. My guess is that Madson scored nothing close to that amount in years or dollars.
Cincinnati had four effective years from Francisco Cordero, who declined arbitration. Cordero earned $48 million over the last four years with the Reds, and is still without a job, an indication that Madson may have lowered his asking price.