Bailey settles; one-year deal
The Reds and starting pitcher Homer Bailey avoided arbitration when the right-hander was signed to a one-year contract.
Jon Heyman of CBSSports.com reported it was a $5.35 million deal. Bailey made $2.4 million last season when he also avoided arbitration.
Bailey filed at $5.8 million, while the club offered $4.75 million. The deal got done on Friday night. Bailey’s hearing was scheduled for Monday.
Reds general manager Walt Jocketty was happy to get all seven of his arbitration cases clear without needing a hearing. The closest to the zero hour was Latos, who agreed to a two-year, $11.5 million deal moments before his hearing started. Jocketty felt this was the toughest arbitratiion group he’s had.
“Absolutely, with the number of guys and the quality of guys,” Jocketty said on Saturday morning. “We had some tough cases.”
Jocketty said “at some point,” the club would revisit trying to sign Bailey to a multi-year contract.
The Reds have not gone to arbitration since defeating Chris Reitsma in 2004.
Bailey, 26, was 13-10 with a 3.68 ERA in a career-high 33 starts in 2012. He also established new career bests in wins, innings (208), strikeouts (168) and quality starts (21) while leading the National League with a 2.32 road ERA.