According to Reds.com, Krivsky has signed catcher Chad Moeller to a one year deal ($ not disclosed).  Moeller had a super down year last year in which he was paid just $700,000, so I can only imagine that this contract is for even less than that.

In the report, Krivsky said, "You need depth at a lot of positions, especially catcher -- one of the most important positions."  He's right, but outside of the BoSox last season, in which they traded mid-season for Javy Lopez because of Veritek's injury, I can't think of too many teams who have felt it necessary to carry three catchers.  Isn't that what AAA is for?  So anyway, I'm confused by this one.

Regardless, you may find the story here:
http://cincinnati.reds.mlb.com/NASApp/mlb/news/article.jsp?ymd=20061127&content_id=1746682&v key=news_cin&fext=.jsp&c_id=cin