But now he's going to have to prove himself all over again as a closer if he wants the big, big money.
The AP reported early Wednesday morning that the Cincinnati Reds and Madson had reached an agreement on a one-year contract worth $8.5 million. Great work if you can get it, but nothing close to the $44 million deal Madson reportedly was set to sign with the Philadelphia Phillies a month ago. That deal was apparently nixed by ownership, prompting Phillies' GM Ruben Amaro to turn around and spend $50 million on former Boston Red Sox closer Jonathan Papelbon.
A month later, something has now become apparent to Madson's agent, Scott Boras: Not only were the Phillies not going to pay his client, but no other teams were going to give Madson $44 million, either. Supply, say good-bye to demand. (And the next time someone insists that Boras could sell sand to Egypt, remember this moment.)
Not that $8.5 million is bad money — it's close to what Madson would have made in arbitration — it's just not what Madson figured he had coming on the open market. He saved 32 games in 34 opportunities in 2011, his first full season as a closer in Philly after setting up Brad Lidge (and others) for the better part of seven years. He has been a great relief pitcher, regardless of his second-class status as a setup man, but only closers get the big, big money. Well, some closers.
After a deal with Ryan Madson fell through, Phillies' GM Ruben Amaro signed Jonathan Papelbon for $50 million. …
Meanwhile over in Philadelphia, the Phillies can be pleased with having a great pitcher such as Papelbon at the end of their bullpen. He's better than Madson (although not by a lot) and he's younger (by a few weeks).
And he's certainly richer.
Follow Dave on Twitter — @AnswerDave — and engage the Stew on Facebook
Other popular content on the Y! network:
• Michael Silver: Fired Hue Jackson says Raiders owner made decision
• After three tough seasons, Tom Crean living hoops dream at Indiana
• Video: Fans crash Mavericks' bench during NBA game
• Y! News: Vizio's new TV models nearly 6 feet across
- Sports & Recreation
- Sports & Recreation/Baseball