Skip to content

UPDATE: Homer Bailey and the Reds reach a six-year, $105 million extension

Feb 19, 2014, 1:05 PM EDT

Homer Bailey AP AP

UPDATE: Mark Sheldon reports that the deal is done. Six years, $105 million with a mutual option for a seventh.

1:05 PMKen Rosenthal reports that the Homer Bailey extension with the Reds is “all but done.”  The deal is for six years and between $100 million and $110 million according to Rosenthal and Jon Heyman. This deal will avoid an arbitration hearing and prevent Bailey from hitting the open market next winter.

Bailey has pitched seven years for the Reds. He’s come on much more strongly the past two, however, putting up ERA+ of 110 and 112 and starting 32 and 33 games, respectively. While he has not yet put together a totally superior season, the kind of performance he has shown is now getting guys contracts in excess of $50 million pretty routinely. If Bailey has a year everyone has long thought he was capable of, that $100 million would likely be easily eclipsed if he were to hit the free agent market before the 2015 season.

Latest Posts
  1. Video: Joey Butler breaks up Carlos Carrasco’s no-hitter with two outs in the ninth inning

    Jul 1, 2015, 10:38 PM EDT

    Cleveland Indians v Tampa Bay Rays Cleveland Indians v Tampa Bay Rays

    Carlos Carrasco had a no-hitter Wednesday with one strike to go. When this happened …

  2. Carlos Carrasco loses no-hitter with one out to go vs. Rays

    Jul 1, 2015, 10:05 PM EDT

    Carlos Carrasco AP

    We have some history in the works Wednesday night in Tampa Bay.

  3. Video: Manny Machado dives then chucks fadeaway throw to first to nab Shin-Soo Choo

    Jul 1, 2015, 9:32 PM EDT

    Baltimore Orioles v Boston Red Sox Getty Images

    You’re gonna want to see this play that Manny Machado pulled off in Wednesday night’s game …

  4. Jaime Garcia scratched from start with groin issue

    Jul 1, 2015, 8:47 PM EDT

    Jaime Garcia Jaime Garcia

    Cardinals left-hander Jaime Garcia was unable to perform scheduled throwing workouts on Saturday and Monday due to cramping in his left groin — the same issue that drove him from his last start Wednesday night against the Marlins.

  5. Bill Stoneman taking over as Angels’ interim GM

    Jul 1, 2015, 7:21 PM EDT

    angels logo

    Stoneman was the Angels’ general manager in 2002, when the the franchise won its last World Series championship.

  6. Orioles DFA Delmon Young, exploring trade

    Jul 1, 2015, 6:38 PM EDT

    Philadelphia Phillies v Baltimore Orioles Getty Images

    Young was batting just .270/.289/.339 with two home runs in 180 plate appearances this season for the Orioles. The 29-year-old hit .302/.337/.442 with seven home runs in 255 plate appearances last season.

  7. Twins calling up top prospect Miguel Sano for MLB debut

    Jul 1, 2015, 5:23 PM EDT

    Twins Daily Reuters

    One of the best hitting prospects in baseball.

  8. Jerry Dipoto loses power struggle with Mike Scioscia, steps down as Angels general manager

    Jul 1, 2015, 3:13 PM EDT

    scioscia and dipoto angels AP

    For better or worse, owner Arte Moreno is standing with Scioscia.

  9. Must-click link: Baseball Peaked on July 1, 1990

    Jul 1, 2015, 1:30 PM EDT

    Yankees logo

    “The most ridiculous no-hitter in baseball history”

  10. Ervin Santana ready to join Twins after 80-game suspension

    Jul 1, 2015, 1:15 PM EDT

    Ervin Santana AP

    Santana has been “rehabbing” in the minors.

  11. Bobby Bonilla’s isn’t the only deferred money deal in the game. And isn’t even the worst.

    Jul 1, 2015, 12:32 PM EDT

    Bruce Sutter

    Bruce Sutter retired when Ronald Reagan was still president. He’s still being paid by the Braves.

  12. What Yasiel Puig being a pain in the butt means. And what it doesn’t mean.

    Jul 1, 2015, 10:42 AM EDT

    Paul Sancya -- Associated Press AP

    A book is coming out which is telling us just how bad a teammate Yasiel Puig has been. Should we care?

  13. Report: Jerry Dipoto “definitely out” as Angels GM

    Jul 1, 2015, 8:07 AM EDT

    Jerry Dipoto Jerry Dipoto

    It seems that if you battle with Mike Scioscia, you’re going to lose.

  14. And That Happened: Tuesday’s scores and highlights

    Jul 1, 2015, 7:31 AM EDT

    Mike Montgomery Getty Images

    Shutouts are rare in baseball these days. M’s rookie Mike Montgomery has two in a row.

  15. Manny Banuelos expected to make MLB debut Thursday

    Jun 30, 2015, 10:05 PM EDT

    banuelos getty Getty Images

    Banuelos has rebuilt some of his early-career hype this summer with the Braves’ Triple-A affiliate in Gwinnett, Georgia, posting 2.29 ERA and 1.22 WHIP across 82 2/3 innings (15 starts).

Top 10 MLB Player Searches
  1. J. Hamilton (3422)
  2. S. Matz (3370)
  3. H. Ramirez (3301)
  4. B. Harper (3244)
  5. G. Stanton (3112)
  1. M. Moore (3072)
  2. J. Ellsbury (2546)
  3. M. Cain (2524)
  4. Y. Puig (2403)
  5. M. Holliday (2388)