Reds Make Offer To Cordero; Have Not Contacted Madson

Just when you think Ryan Madson’s luck couldn’t get any worse.

Jon Fay of the Cincinnati Enquirer reports that the Cincinnati Reds have not even contacted Scott Boras, the agent of Ryan Madson, let alone engage in any serious negotiations. This comes on the heels of Cincinnati GM Walt Jocketty stating that the Reds have a one-year offer on the table for Closer Francisco Cordero. Fay speculates that the deal is worth less than $7 million. Jocketty did say that Cordero was weighing his options, as he has multiple offers on the table.

If Cordero does lock down a deal with the Reds, cross off yet another suitor for Madson’s services.

If the Reds are no longer in play, that would leave the Anaheim Angels. They already have an incumbent closer in sophomore Jordan Walden, and they would only sign Madson for cheap. Even then, he may only be a set-up guy. The Tampa Bay Rays are also in need for a closer, but once again, Madson would need to sign for cheap. Even then, they have a multitude of in-house options for the position.

Madson’s best bet may be to cut his losses and sign a one-year deal and hopefully chase the big dollar signs next offseason. Unfortunately for Madson, that one-year deal would have to be a cheap one.

The Bastardo-Madson-Papelbon dream may still have life.

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