2013 Reds

Homer reaches one year deal

From the Enquirer:

The Reds and Homer Bailey reached an agreement on a one-year, $5.35 million deal, avoiding arbitration. Bailey, who was eligible for arbitration for the second time, filed for $5.8 million. Club countered at $4.75 million

Bailey was the last of seven arbitration cases that the Reds settled.

Reds general manager Walt Jocketty said it was toughest year he’s ever had as far as arbitration.

“Absolutely,” he said. “With the numbers of cases and quality of players. We came very close to going to the hearing with (Mat) Latos. We’re all very happy to have it behind us.”

The Reds reached two-year deals with Latos and Logan Ondrusek and one-year deals with Mike Leake, Bailey, Chris Heisey, Shin-Soo Choo and Alfredo Simon.

Jocketty said the Reds will re-visit a multi-year deal on Bailey at some point.

With the deal, the Reds have 22 played under contract for $99.75 million. So the payroll will be over $100 million for the first time. It was $87.8 million last year. The Reds are getting $3.5 million from the Indians as part of Choo trade.

9 thoughts on “Homer reaches one year deal

  1. Nice to have all of the players signed. … Did seem kind of odd to me that, with all the money floating around the game these days, Walt would profess to having so much trouble with the arbitration cases. It just didn’t seem like the team and players were that far apart to begin with. Maybe Walt had grander plans for longer-term deals with Bailey and Latos that he couldn’t reach yet?

    • Nice to have all of the players signed. … Did seem kind of odd to me that, with all the money floating around the game these days, Walt would profess to having so much trouble with the arbitration cases. It just didn’t seem like the team and players were that far apart to begin with. Maybe Walt had grander plans for longer-term deals with Bailey and Latos that he couldn’t reach yet?

      I glad that Jocketty spends the money careful. If all front offices did that then there would not be inflated salary arbitration findings due to players being overpaid in relation to their abilities.

  2. @Brian Van Hook: I think you’re right that Jocketty was probably trying to focus on longer term deals before having to settle on a shorter term solution as a fall-back plan. A long term extension for Bailey would be complicated with Bailey probably wanting to be paid to continue his 2012 production while Jocketty would probably consider Bailey’ history of being mediocre and injured before 2012 when setting a price. 2013 will be key to showing whether 2012 was an improvement or a fluke. Did Bailey have a breakout season like Cueto in 2011 or a fluke season like Edinson Volquez in 2008? I think it could still go either way.

  3. Walt has spent Uncle Bob’s money pretty darn well. Now, will attendance, mercy, etc allow the Reds to continue to have this type of payroll? Every time I go home in the summer, I try to attend 2- 3 games to support the boys. I attend many games here in SF and of course when the Reds are in town. Go to the games and enjoy a really good baseball team. GO REDS

  4. They pretty much just split the difference with Bailey, something that at the beginning of arbitration Walt was saying the team wasn’t looking to do. Perhaps this is just a temporary contract while negotiating a long-term deal?

    • They pretty much just split the difference with Bailey, something that at the beginning of arbitration Walt was saying the team wasn’t looking to do.Perhaps this is just a temporary contract while negotiating a long-term deal?

      I would think this is a possibility, Back when the figures were released, I remember calculating the differences between the club and the players in raw $$$ and percentages. Because Bailey and Choo made much more in 2012 than the others, the raw $$$ of difference for them were considerably more but the percentage differences were as I recall the two lowest. So it didn’t make sense to me that trhey would give Leake a huge percentage raise then try and squeeze Bailey.

  5. I would think that management all over the league would be wary of long term deals with players that are bulking up, as Bailey has done.

  6. @Mark T: I get your point. I wonder though if 10 lbs is something to be concerned about. Especially with proper training over a 3 month period.

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