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Reds Sign Joey Votto to Three Year Deal

The Reds avoided going to arbitration Monday after signing 2010 MVP First Baseman Joey Votto to a new contract. The contract is a three-year deal for $38 Million. This is a substantial increase over the $525,000 that Votto made in 2010. Votto shouldn’t have any problem spending that money on US poker sites accepting echeck. Votto stood to do quite well in arbitration after a season where he finished 2nd in the League in batting average, 3rd in RBI’s, and 3rd in home runs.

In a conference call, Votto told the media that “I think it gives me the opportunity to avoid arbitration and to also just concentrate on playing in the next three years. It has absolutely nothing to do with getting to free agency or that, although a lot of people would interpret it that way. I can’t imagine playing for another team right now.”

Votto received a signing bonus of $6 Million that will be payable over the next three years. He will receive $2.5 Million of the bonus upfront. The signing bonus would give Votto a healthy bankroll should he choose to play poker online. He will then receive $5.5 Million in salary for this season, $9.5 Million for the 2012 season, and $17 Million for the final year of the deal. Votto told the media that he wasn’t interested in a long-term deal like the six-year deal given to Jay Bruce last month. He stated that “I wanted three and I think the team wanted three. It worked out well for me.”

Votto had the best season of his three year Major League career in 2010 on the way to winning the National League MVP award. He hit .324 with 37 homers and 113 RBI and slugged 177 hits over 150 games played. He also was walked 90 times. He ranked first in the NL in Slugging Percentage, OBP, and OPS. He also was 4th in runs scored with 106. Votto led the Reds to the post season for the first time in 15 years, was elected to the All-Star team, and also received the 2010 NL Hank Aaron Award.

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