One of the interesting things about the signing, or near signing, of Francisco Cordero by the Reds is that the other two teams in the running were also NL Central teams. Milwaukee was obviously one of the clubs. Houston is thought to be the other.
As steep as $46 million for four years is, the fact that Milwaukee was willing to go $42 million for four years shows Cordero's value.
The Reds overpaid a little -- but they had to. It's a risk. But there's probably no other free agent -- other than A-Rod -- who could have helped the Reds more in 2008.
"Our offer was competitive," Milwaukee GM Doug Melvin told Tom Haudricourt of Milwaukee Journal Sentinel. "We had ‘Coco' a tad below Billy Wagner. As important as it is to have a closer, we just felt (the bidding) was getting to be too much."
That is wasn't too much for the Reds speaks a lot about the CEO Bob Castellini's willingness to spend money for the right guy.