Just got off the phone with Wayne Krivsky.
I asked him about the reports the Reds have agreed to a deal with Brewers closer Francisco Cordero, his response was, "Those reports are inaccurate. We haven't signed him, but we have had conversations with him."
That they've "had conversations" with Cordero is a big statement by Wayne. Usually he won't even got that far, so I'm assuming there is an agreement in principle, even though Wayne denied there was an agreement. Wayne, however, usually won't admit to a signing until all the contracts are signed and the paperwork is filed -- in triplicate -- to the Commissioner's Office.
I asked Wayne about any payroll restrictions and the fact that it seems like Castellini is open to opening his checkbook: "Ownership has given the parameters to work within, and it’s my job to make it work. In my time here, they’ve been very supportive. Bob and I have a great relationship."