Reds, Bailey Avoid Arbitration

The Cincinnati Reds have taken the necessary steps to avoid putting their financial commitments in the hands of an arbitrator today by signing starting pitcher Homer Bailey to a one-year deal worth $5.35 million. This is a good deal for both sides: Bailey should easily earn his 2013 contract, and considering this is his first year of arbitration eligibility, $5.35 million is a pretty good starting point.

Mandatory Credit: Andrew Weber-USA TODAY Sports

Bailey, once a highly regarded prospect, took a few years to round into form, but at 26, he’s developed into a very solid pitcher and an important component of a talented Cincinnati rotation. A year ago, Bailey put up his best numbers to date, totaling 2.8 WAR per FanGraphs over the course of 208 innings. The right-handed hurler also posted strong peripherals, striking out 7.3 batters per nine and walking just 2.3.

Now that he’s coming into his prime seasons, it shouldn’t be a surprise to anyone if Bailey continues to improve upon his 2012 effort, forcing the Reds to strongly consider tying him up for the long haul.

Can’t get enough of Spencer? Check out his work at StanGraphs and follow him on Twitter at @shendricks221.