The winter's top 10 value moves

Updated: February 6, 2012, 9:33 AM ET
By Buster Olney

Johnny Damon is still looking for a job, and so is Manny Ramirez, but almost all of the winter money has been spent -- and about half of it went to three players.

There has been approximately $1.27 billion on free agents this offseason. Albert Pujols ($246 million), Prince Fielder ($214 million) and Jose Reyes ($106 million) will get $566 million of that, or about 45 percent. The majority of the headlines belonged to those three players, but most of the moves were incremental.

Here's one ranking of the best under-the-radar moves of the winter:

1. Ryan Madson: One year/$8.5 million, Cincinnati Reds

Some general managers viewed Madson as one of the top three free-agent relievers in the market, maybe just a bit behind Jonathan Papelbon, because he doesn't have as much experience as a closer, but right along with Heath Bell because of Madson's stuff and postseason notches. But when the big dollars were paid out, Madson was still unsigned, and in the end Cincinnati got an outstanding reliever for a short-term deal.