• Bailey, Reds agree to $5.35M, 1-year contract

    Summary of 2 articles · Updated Feb 16, 2013
    Bailey was 13-10 with a 3.68 ERA in 33 starts last year. Homer Bailey and the Cincinnati Reds agreed Saturday to a $5.35 million, one-year contract, ensuring baseball will set a record low for salary arbitration hearings. No cases have been argued before three-person panels this year among the 133 players who filed for arbitration last month and just one remains scheduled for a hearing next week: Baltimore reliever Darren O'Day.

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