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Reds, Homer Bailey agree on 6-year, $105 million deal that avoids arbitration

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Cincinnati Reds pitcher Homer Bailey throws during spring training baseball practice in Goodyear, Ariz., Saturday, Feb. 15, 2014. (AP Photo/Paul Sancya)

GOODYEAR, Ariz. – The Cincinnati Reds agreed with starter Homer Bailey on a six-year, $105 million contract a day before his scheduled arbitration hearing.

Bailey was the Reds’ final player left in arbitration. The 27-year-old pitcher made $5,350,000 last season. He asked for $11.6 million arbitration and the Reds offered $8.7 million, their biggest gap with one of their arbitration-eligible players.

The deal announced Wednesday includes a $25 million mutual option for 2020.

The hard-throwing Texan went a career-best 13-10 with a 3.68 ERA in 2012, completing his breakthrough season by throwing a no-hitter in Pittsburgh. He threw the 16th no-hitter in franchise history last June, a 3-0 win over San Francisco at Great American Ball Park. Bailey went 11-12 with a 3.49 ERA last year.

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Follow Joe Kay on Twitter: http://twitter.com/apjoekay

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