The Cincinnati Reds have agreed to a six-year, $105 million deal with Homer Bailey that includes an option for a seventh season, according to multiple reports.
Bailey, who was 11-12 with a 3.49 ERA in 2013, had an arbitration hearing scheduled for Thursday.
The right-hander asked for $11.6 million, and the Reds have offered $8.7 million.
Via ESPN