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Reds' Joey Votto signs contract

Updated: January 17, 2011, 11:00 PM ET
Associated Press

CINCINNATI -- Joey Votto finalized a $38 million, three-year contract on Monday that allows the Cincinnati Reds to avoid going to arbitration with the National League MVP.

The first baseman was arbitration-eligible for the first time and would have received a huge increase over the $525,000 he made last season, when he led the Reds to their first playoff appearance in 15 years.

The deal gives the Reds some budget certainty for the next three years. The 27-year-old Votto doesn't ...

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