Bailey agrees to terms on contract

A source has told MLB.com that Reds pitcher Homer Bailey has agreed to a six-year, $105 million contract with the club on Wednesday to avoid arbitration. It comes with a mutual option for a seventh year worth $25 million with a $5 million buyout.

The Reds have not made an announcement of a deal.

More to come ….

UPDATE: Reds GM Walt Jocketty did not confirm that a deal was done. Click here for the full story on MLB.com.

27 Comments

Now what are the nay-sayers going to say about the GM. He just pulled their plug,
More difficult next season,

Walt

That’s $5 million more than I thought he’d get!!! I wonder what he would have gotten had he’d gone to arbitration????

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