Last night, the Cincinnati Reds avoided arbitration with pitcher Homer Bailey. The Reds signed him to a single year deal worth $5.35 million. Bailey earned $2.4 million last year. The Reds arbitration hearing with Bailey was scheduled for Monday. The Reds have avoided arbitration since 2004.
For 2013, the Reds have 21 signed players for $100 million, their highest payroll in club history. With Bailey, he will rejoin Bronson Arroyo, Mat Latos, Johnny Cueto and Aroldis Chapman in the starting rotation. Although pitcher Mike Leake also received a deal, he may become the odd man out of the rotation. His options may limited to either bullpen duty or playing in the minors. The Reds haven’t announced any final decisions about Leake or the starting rotation.
The Reds organization has said it will try to work out a longer term deal with Bailey sometime in the future.
Last season, Bailey won 13 games in 33 starts and finished with a 3.68 ERA and a no-hitter against the Pittsburgh Pirates. For his career, the right-hander has won 38 games in 111 starts. Additional information about this story can be found at the Cincinnati Reds website.