Bloomberg News

Reds’ Votto Agrees to $225 Million Extension, USA Today Reports

April 03, 2012

Joey Votto of the Cincinnati Reds bats against the Houston Astros at Great American Ball Park in Cincinnati on Sept. 20, 2011. Photographer: John Sommers II/Getty Images

Joey Votto of the Cincinnati Reds bats against the Houston Astros at Great American Ball Park in Cincinnati on Sept. 20, 2011. Photographer: John Sommers II/Getty Images

Joey Votto agreed to a 10-year, $225 million contract extension with the Cincinnati Reds that could keep the All-Star first baseman with the club through the 2023 Major League Baseball season, USA Today reported.

The deal would be the richest in franchise history and includes a no-trade clause, USA Today said, citing an unidentified person familiar with the deal who couldn’t speak publicly because it hadn’t been finalized.

It would also be the third major league contract of more than $200 million signed by a first baseman this offseason. Prince Fielder got a nine-year, $214 million free-agent deal from the Detroit Tigers and Albert Pujols joined the Los Angeles Angels for $240 million over 10 seasons.

Before this offseason, Alex Rodriguez of the New York Yankees had been the only major league player to receive a contract worth more than $200 million. The Yankees’ third baseman has a 10-year, $277 million accord.

The San Francisco Giants yesterday signed pitcher Matt Cain to a five-year contract extension through the 2017 season.

While the Giants didn’t disclose financial terms of the deal, the San Francisco Chronicle said it’s worth $112.5 million, making it the biggest long-term contract for a right-handed pitcher, surpassing the $105 million the Los Angeles Dodgers gave Kevin Brown after the 1998 season.

Cain’s contract also has an option year, the Giants said in a news release on their website.

Most Valuable Player

Votto’s extension would keep the National League’s 2010 Most Valuable Player with the franchise that drafted him in 2002. Over four full seasons in Cincinnati, Votto is hitting .313 with 119 home runs and 401 runs batted in.

Votto has two years remaining on the three-year, $38 million contract he signed with the Reds in January 2011. He’s set to make $9.5 million this season and $17 million in 2013 before the extension kicks in the following year.

Votto hit .309 with 29 home runs and 103 runs batted in over 161 games for the Reds last season while also winning his first NL Gold Glove award for his defense.

In winning the NL MVP in 2010, Votto batted .324 with 37 home runs and 113 runs batted in.

The Reds open the regular season in two days against the Miami Marlins.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net


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