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Source: Reds, closer Cordero have preliminary agreement

Updated: November 23, 2007, 9:33 PM ET
By Jerry Crasnick | ESPN.com

The Cincinnati Reds have reached preliminary agreement on a four-year, $46 million contract with closer Francisco Cordero, a baseball source confirmed Friday to ESPN.com.

The deal, which includes a club option for a fifth year, is subject to Cordero passing a physical exam. The agreement was first reported by Foxsports.com.

Cordero, 32, has 177 career saves in nine seasons with Detroit, Texas and Milwaukee. He ranked second in the National League with 44 saves last ...

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