GOODYEAR, Ariz. (AP) - 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.