The Reds have signed closer Raisel Iglesias to a 3-year, $24.1 million contract, the team announced Wednesday, a move that accomplishes two things, according to the Cincinnati Enquirer:
First, it prevents Iglesias from opting into arbitration this offseason or next, a unique clause in the contract the international free agent signed in 2014.
And second, it could signal a new role for Iglesias in 2019, the Enquirer noted, making it easier to persuade the right-hander to pitch in different situations when he doesn’t need to reach statistical benchmarks for arbitration purposes.
“Everybody is aligned now in terms of getting paid,” Reds president of baseball operations Dick Williams said. “Now it’s just about going out and winning ballgames. You don’t have to worry about any of the appearance statistics that are relevant in arbitration. I think everybody is on the same page now. We want to be able to maximize the value of Iglesias.”
He was set to be paid $5.7 million per year over the final three years of his previous deal.
Iglesias, 28, coming off a season in which he had 30 saves in 66 appearances and a 2.38 ERA. He struck out 80 in 72 innings but allowed a career-high 12 home runs.
Williams wouldn’t comment on whether the new contract included any no-trade clauses.