This comes from the Rocky Mountain News.  Here is the SHOCKER, if it's true.  THE REDS would eat part of Bronson's contract ??

We'll talk about this in the morning

Rocky Mountain News

"Looking to add instead of subtract, the Rockies have shown interest in Cincinnati right-handed pitcher Bronson Arroyo to fill the vacancy in the rotation.

A key factor is that the multiyear contract Arroyo originally signed with the Reds is backloaded, and he is guaranteed $23 million during the next two seasons.

The Reds have indicated a willingness to pick up part of the salary if the teams could agree on the personnel."