By Hudson Belinsky

According to a tweet by SI.com’s Jon Heyman, the Reds have come to an agreement with closer Ryan Madson. The value of the deal isn’t yet available, but Heyman hears that the contract is only for one year.

Madson is coming off of a fantastic 2011 campaign. The righty posted career-bests in both WAR and WPA (Win Probability Added). He struck out 9.2 batters per nine and boasted a 3.9 K:BB. Madson was a top-flight reliever for the Phillies from 2007 through 2010, before becoming the full-time closer in 2011. Madson’s transition from the 8th inning to the 9th went smoothly and he proved to have “closer mentality” for the Phillies (insert comment about how it doesn’t exist here).

Towards the beginning of the offseason it looked as if Madson was close to a huge payday from the Phillies, but the deal fell through and Jonathan Papelbon signed with the Phillies instead. It’s unclear how much this deal is worth, but Madson could parlay it into a multi-year deal next offseason. This is the strategy that Adrian Beltre used in signing with Boston for the 2010 season.

Madson gets a chance to win and the Reds get a reliable closer as they make a playoff push in 2012. It’s hard to call him as a winner with just a one-year deal, but he’s likely to get upwards of $10 million. The Reds are winners in that they add a couple wins and edge even closer toward the postseason.

Hudson Belinsky can be followed on Twitter at @hudsonbelinsky.

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