From Hal McCoy:
Weathers and the Reds have agreed to a one-year contract for this year, with a club option for 2010.
Weathers, 39 and a free agent after last season, opted to accept arbitration with the Reds when he didnÃ¢â‚¬â„¢t sign with another team.
Weathers, who was paid $3.3 million last year, was offered $3 million for 2009 by the Reds and he submitted an arbitration figure for $4.6 million.
The two parties compromised for $4 million.
I think Weathers is overpaid at $4M and I’m sure there’s a buyout for the second year of the contract. Let’s hope the Reds make use of the buyout.