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Thu. Oct 30, 2014 | STATS
News: The Reds exercised Johnny Cueto's $10 million contract option on Thursday but decided to let outfielder Ryan Ludwick and infielder Jack Hannahan become free agents.
Impact: Hannahan played only 26 games because of injuries. The Reds declined his $4 million option and will pay a $2 million buyout, half by this Nov. 15 and half by Nov. 15, 2015.
Thu. Oct 30, 2014 | STATS
News: The Reds exercised Johnny Cueto's $10 million contract option on Thursday but decided to let outfielder Ryan Ludwick and infielder Jack Hannahan become free agents.
Impact: Cincinnati had a $9 million option on Ludwick but chose to pay a $4.5 million buyout. Half will be paid by Nov. 15, 2015, and the other half by Nov. 15, 2016. Ludwick batted .244 with nine homers and 45 RBIs.
Thu. Oct 30, 2014 | STATS
News: The Reds exercised Cueto's $10 million contract option on Thursday.
Impact: Cueto also made $10 million last season, when he went 20-9 with a 2.25 ERA, the Reds' first 20-game winner since Danny Jackson in 1988. Cueto had been guaranteed $27 million over four years and can become a free agent after next season.
Wed. Oct 29, 2014 | RotoWire
News: The Reds have declined Ludwick's $9 million team option, Chris Cotillo of MLB Daily Dish reports.
Impact: Ludwick was serviceable in 112 games in 2014, hitting .244 with nine homers but with the hefty price tag, it's not a total surprise that the Reds opted to buy him out. The 36-year-old may have to settle for being a bench player, but he'll land on his feet somewhere for the 2015 season.
Wed. Oct 29, 2014 | RotoWire
News: The Reds have declined Hannahan's option for the 2015 season, Chris Cotillo of MLB Daily Dish reports.
Impact: The move was more of a formality, as after Hannahan's 2014 campaign, in which he slashed .188/.220/.250 in just 26 games, there was very little chance the team would pick up his option. At 35 years old by the start of the 2015 season, it seems unlikely that he'll command a lot of attention, though he could still land somewhere on a major league roster.
Wed. Oct 29, 2014 | RotoWire
News: Cueto's $10 million option was exercised by the Reds on Tuesday, Chris Cotillo of MLB Daily Dish reports.
Impact: Cueto is coming off a would-be MVP season if not for Clayton Kershaw. It's not surprising the Reds will exercise the team option to keep him on the club. The 2015 season is his last under contract with the Reds, and another good season could put him in line for a big contract when he hits the free agent market.
Wed. Oct 29, 2014 | RotoWire
News: Soto was sent outright to Triple-A Louisville on Wednesday, MLB.com reports.
Impact: A member of the Reds' Opening Day roster, Soto went just 3-for-28 over the first two months of the season and was ultimately sent down to Louisville. The 25-year-old turned in a respectable .302/.350/.406 batting line in 75 games with the affiliate, but it wasn't enough to get the call back in September, and apparently the Reds have seen enough from the former third-round pick to rule him out of their future plans.