“Yankees, Reds Working On Arroyo Deal” (via MLBTradeRumors.com):
The Yankees are in serious discussions with the Reds about acquiring Bronson Arroyo, although right now the deal may be hinging on how much of Arroyo’s remaining contract the Reds are willing to eat, major league sources told FanHouse on Monday.
“It will get done,” one source said.
Arroyo, 32, is due nearly $4 million for the rest of this season, plus $11 million in 2010 and a $2 million buyout or a $11 million option in 2012. Arroyo is 10-9 with a 5.21 ERA, but he has a 2.08 ERA in his past three starts.
Reds top officials met via conference call this morning, an indication to one big-league source that they were “close to a deal.” Arroyo has since been removed as the Reds probable pitcher for Tuesday.
Wait, didn’t I hear that the Yanks weren’t in on Halladay due to added costs (among other reason)? So now they’d take on that abortion of a contract? Please no. And they’d have to give up someone with a pulse? Make it stop. $18 million thru the end of 2010. I wanna cry.
UPDATE: A well-placed source of mine had this to say: “[Your] source may have exaggerrated the likelihood of a deal. The teams have talked, but appear to be far apart on how much money the Reds would send.” Thank goodness!
