Madson's deal with Reds finalized

Baseball Betting Lines

01/20/2012 - Cincinnati, OH (Sportsbook Betting Lines) - The Cincinnati Reds officially signed right- hander Ryan Madson to a one-year contract Friday with a mutual option for 2013.

Madson notched 32 saves in 2011 -- his first full season handling ninth-inning duties -- to go with a 4-2 record and a 2.37 earned run average.

The 31-year-old seemingly had a deal done with the Phillies early in the free-agency period, but talks broke off between the parties and the Phillies wound up signing former Boston closer Jonathan Papelbon to a four- year, $50 million deal.

Madson had spent his entire career with the Phillies, who selected the 6- foot-6 hurler in the ninth round of the 1998 draft, going 47-30 with 52 saves and a 3.59 ERA in 491 games (18 starts).

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