Two year deal for Latos
The Reds and starting pitcher Mat Latos avoided arbitration on Tuesday when the right-hander was signed to a two-year, $11.5 million contract through the 2014 season. It also comes with various award bonuses.
Latos, 25, likely netted a significant raise from the $550,000 he earned in 2012 after being first-time eligible for arbitration.
When numbers were exchanged last month, Latos filed for $4.7 million, while the club’s offer was $4.15 million.
Only Homer Bailey is left among the seven arbitration cases the Reds had from this off-season.