Jan
10

Reds sign Aroldis Chapman for five years, $30M

By

We finally have some confirmation. The man who originally broke the story – Yahoo’s Jeff Passan – has confirmed that the Reds have signed Cuban lefty Aroldis Chapman to a five year contract worth a total of $30M. That’s a lot of eggs for a mid-market team to put into one basket, so they must have a lot of faith in their talent evaluators.

The Yankees have been pretty much out of the Chapman sweepstakes, citing concerns about his asking price, makeup, and long-term role.

Categories : Asides, Hot Stove League

67 Comments»

  1. Tom Zig says:

    Paging mr yankee

  2. Mike Pop says:

    Wow, I’m a little disappointed the Yankees didn’t land him if the report is true. But at this price tag, completely understandable.

  3. Rocky Road Redemption (formerly RAB poster) says:

    Yeah, I’m not convined he’s signed yet.

  4. I received two Tweets from Dave Brown from Big LEague Stew confirming that the tweet of Passan was accurate.

    “Passan’s tweet is legit. @talkchibaseball”

    “@talkchibaseball I don’t know who the team is yet, no. Just know that a source of Passan’s told him what tweet said.”

    http://twitter.com/AnswerDave

  5. randym77 says:

    Dave Brown of Yahoo!Sports says that is indeed Passan’s account.

    Not surprised the Yanks passed, at that price. Plus, I think Cashman has realized developing pitchers requires the kind of patience that’s in short supply in the Bronx.

    • randym77 says:

      And now there’s an article. It says the Mets are one possibility.

    • KK says:

      I think some of the reports stated that the Yanks weren’t even really bothering to bid. I’m guessing they really didn’t want anything to do with a pitcher who has unpredictable control.

      The Reds are a strange team. It seems like they built it out of unknowns and underachievers.

      • J says:

        Sure they do. His name is Andrew Brackman. In a year, he will be a top prospect for the Yankees.

      • randym77 says:

        They kind of had to. Small market, small budget.

        Some of their draft picks have been really bad, but I think the “underachievers” are just par for the course when you build your team around young players. They struggle, they need time to figure it out. In the Bronx, they’d be shipped to Scranton or traded, but with the Reds, they get to start.

        Jay Bruce was disappointing last season, though he showed nice power. Homer Bailey finally seemed to figure it out. (He and Hughes were often compared, and I think the jury’s still out on which will be better.) Joey Votto has been terrific – hardly an underachiever.

        FWIW, the Reds beat writer is reporting:

        The deal with left-hander Aroldis Chapman is for $25 million over five years with a player option for a sixth. His salary for 2010 will be in $1 million range.

        It’s a major league deal and it’s spread out over 10 years. The first year it will be a major burden on the big league budget is 2014.

        If that’s true, it won’t have a major payroll impact this season.

    • Riddering says:

      Cashman’s comments on pitching recently have indicated the opposite. He’s said the cost of pitchers gives him a headache so if anything his desire to develop quality pitching is greater than to constantly hit the marker for pitchers.

      In this case, it would be a lot of money and a lot of time to develop Chapman so from that perspective it makes sense for the Yanks to pass.

      • randym77 says:

        He indicated years ago that his plan was to grow his own pitching and trade for hitters, but I think what happened with Joba, IPK, and Hughes made him realize that there are pitfalls there. Other teams might take “rebuilding years” where youngsters get time to figure it out. Not the Yankees.

  6. Reggie C. says:

    That’s $7 million more than the highest assumed offer on the table (Jays). Somebody’s convinced Chapman’s going to develop a league average slider or curve. Kinda hard to fathom that Chapman could now land a contract twice that signed by Strasburg.

    • Ed says:

      Not really. Strasburg had to take the Nats offer or wait a year and hope someone else would be willing to top it by enough to justify waiting a year.

      Chapman could freely negotiate with all 30 teams and play offers against each other. The more teams competing to sign you, the better your offers.

      • J says:

        I think what he’s saying is that it’s still hard to believe he makes twice Strausberg. He understood the parameters for a deal, he (and I agree) just thinks it’s ridiculous that a player with many more questions is making twice the money. Just goes to show the ludicrous arguments that the owners take in regards to draft picks and their pay.

  7. randym77 says:

    Looks like it’s the Cincinnati Reds.

    From Passan:

    “Non-stop Delta flight left FLL for Cincinnati at 9:20 this morning. Another source said $30 million deal is for five years.”

    Didn’t think the Reds had it in them.

    • Zack says:

      I’m sure they have non-stop flights to a lot of other cities too though..

      • randym77 says:

        Passan tweeted two minutes before that:

        ‘Narrowed it down: It’s an NL Central team. Cincinnati making more and more sense. Reds “going after him like crazy,” team source said.’

      • JMK aka The Overshare's Garden Apartment Complex says:

        Cincy’s not really a connection hub. If things to through the midwest, it goes to Chicago first. It sounds like a final destination.

  8. JMK aka The Overshare's Garden Apartment Complex says:

    The Cubbies?

  9. Reggie C. says:

    Who knew the Reds had that much payroll flexibility. Those guys still arent close to competing. No Edison Volquez for 2010 pretty much leaves this squad without any impact starters.

    • randym77 says:

      They aren’t close to competing, but Chapman may not be close to being a big leaguer…yet.

      There’s been some speculation that the Reds would be taking the money from their overseas program, and so this would not affect their payroll, at least for now.

    • Zack says:

      Well they saved 5m this year on re-doing Rolen’s deal. Ramon Hernandez took a 5m paycut, and Alex Gonzalez cost them 5 last year. So thats 15m, plus 24m from Arroyo/Harang coming off next year.

    • JMK aka The Overshare's Garden Apartment Complex says:

      Homer could be good. There was a good article about him changing his delivery and being much more effective. Might have been Fangraphs?

      • randym77 says:

        Joe Frisaro of MLB.com is also hearing it’s the Reds.

        The Reds are going to have a killer rotation if Chapman and a few of their other youngsters turn out to be the real deal.

  10. Januz says:

    I think the number for Chapman is nuts. That being said, if he is going to Cincinnati, this is a VICTORY for the YANKEES. If he does not cut it, it is not Yankee money that goes down the drain. Or if he turns out to be some Randy Johnson-type then he will not haunt the team like if he went to Anaheim, the Mets, Toronto or worse-case, Boston.
    This off-season, what happened with the competition, turned out to be quite acceptable for Cashman and the Yankees. Not only is Chapman with the Reds, but Halliday and Bay are out of the division, Holliday is NOT in Baltimore or Boston, and the Angels look like a beaten team (Losing Lackey, Figgins and Guerrero). I concede the point that Seattle looks very tough with Lee and Hernandez, and Lackey will help Boston (But not like Halliday would have).
    The Yankees are still the favorites to win it all.

    • KK says:

      When you lay it all out, it really has been a good offseason for the Yankees.

      Seattle looks great defensively, but I still think they can’t hit worth a lick. Ichiro’s gonna have to steal a lot of bases.

  11. JohnnyC says:

    Commissioner Selig has to look into this immediately. What’s with these big-market teams buying up all the talent? How are small market teams like the Red Sox supposed to compete?

  12. Master of all Trades says:

    My sources have just told me that it is not the Giants or Diamondbacks.

  13. JMK aka The Overshare's Garden Apartment Complex says:

    Think of how much talent the Yankees could sign with $30 million in IFA. Not sure it’s a great allocation of resources for Cincy, but if it does pan out (a big if), that could be a really good cost-controlled rotation. Volquez, Cueto, Chapman, Bailey. Wow.

  14. Evilest Empire says:

    Now the Reds will have two Rookie of the Year candidates!

    • KK says:

      At Chapman’s skill level, I doubt you’d see him for 2 years. All those suggestions that he may be up by the end of the year as a reliever when rosters expand seem highly optimistic, considering that he only has one pitch.

  15. Drew says:

    I’m happy he’s not going to be a Red Sox.

    If he turns out to be good, maybe they’ll flip him for some sort of Melky, IPK, Ajax package.

    /2009′d

    • JMK aka The Overshare's Garden Apartment Complex says:

      Maybe the Rangers will trade Smoak for him.

      /reversehistoryrepeatsitself’d?

  16. A.D. says:

    NL central works for me, won’t ever see him. Also works for Chapman, better chance to succeed, though Havana to Cinci is quite the change.

  17. randym77 says:

    Passan confirms it: it’s the Reds.

  18. randym77 says:

    John Fay, the Reds beat writer, has been on one of those Gannett furloughs this week, but is back today. He says the deal could be for as long as 10 years.

    Dunno if I buy that…

  19. [...] Aroldis Chapman has apparently signed with the Reds. [...]

  20. Randy A. says:

    Im not too disappointed. 30 million dollars over 5 years would equal an extra 6 million dollars/year to dump into the draft, international free agency, or Felix Hernandez in a couple years.

  21. Steve H says:

    Maybe it’s just the Yankee fan in me, but if the (big market)Yankees had spent $20 million on Chapman they’d get destroyed for it, but the (small market) Reds give him $30 million and no one will blink an eye.

  22. Bryan says:

    30 mill from cincy??? They are on crack. With a limited payroll they throw that much money at an unproven guy. Talk about financial disparity in the league, how can it be the yankees fault if other teams are stupid?

  23. JMK aka The Overshare's Garden Apartment Complex says:

    On the bright side, Chapman should feel right at home living in an economically depressed area.

  24. [...] and long-term role concerns had the Yanks out of the Aroldis Chapman sweepstakes, and he ended up getting big money from the Reds. Chien-Ming Wang, meanwhile, will throw off a mound in 6-8 weeks and has had 15 teams [...]

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