Reds reach $5M deal with Chapman
Wednesday, January 29, 2014 10:00 AM
CINCINNATI - Closer Aroldis Chapman agreed to a $5 million, one-year contract Tuesday, leaving the Cincinnati Reds with only starting pitcher Homer Bailey left in arbitration.
Chapman and the Reds split the difference on their arbitration figures. The club had offered $4.6 million while Chapman asked for $5.4 million.
The Reds were far apart with Bailey, who asked for $11.6 million and was offered $8.7 million. If they can't reach a deal, a hearing would be held next month.
Bailey went 11-12 last season with a 3.49 ERA and a club-high 199 strikeouts. He also pitched his second no-hitter in two years.
Chapman went 4-5 with 38 saves and a 2.54 ERA in 68 appearances with 112 strikeouts in 63 2-3 innings.
To date this off-season the Reds have signed catcher Brayan Pena, from Detroit, to a $2,275,000, one-year contract; second baseman Skip Schumaker, from the Los Angeles Dodgers, to a $5 million, two-year contract; re-signed left-handed pitcher Manny Parra to a $5.5 million, two-year contract; and left-handed pitcher signed Jeff Francis, from Colorado, to a minor league contract.
The Reds also added infielder Chris Nelso to a minor league contract.
The 28-year-old third baseman played for the Rockies, Yankees and Angels last season, batting a combined .227 with three homers and 24 RBIs in 64 games.
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