The Reds are probably stuck with Bronson Arroyo, for better or worse

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The Reds inked Bronson Arroyo to a three-year, $35 million contract extension last week, but it turns out that similar to the contracts recently handed out to Carlos Pena, Paul Konerko and Juan Uribe, it includes some deferred money.

According to Ken Rosenthal of FOXSports.com, Arroyo will earn $6.5 million next season and $7 million in 2012, which is actually a pretty nice bargain for the Reds moving forward. This sets Arroyo up to make $18 million in the final year of his contract in 2013, which sounds insane on the surface, but Rosenthal adds that all but $3 million will be deferred without interest.

And so, even though Arroyo didn’t receive an official no-trade clause, he really doesn’t need one. If he is traded, Rosenthal writes that the deferral would be voided and he will be paid his entire $18 million salary for 2013 upfront. That Cliff Lee fellow might start to look pretty good by comparison. Arroyo probably isn’t going anywhere, anyway, as he gains 10-and-5 rights next season.

Video: Jake Arrieta hits a 465-foot home run off of Zack Greinke

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Jake Arrieta‘s bat is in midseason form already. The Cubs’ ace swatted a solo home run to center field off of Zack Greinke in Thursday afternoon’s Grapefruit League exhibition game, his first homer of the spring.

The blast went 465 feet, according to MLB.com’s Daren Willman.

Arrieta has hit two home runs in each of the past two seasons. Madison Bumgarner (eight) and Noah Syndergaard (four) are the only other pitchers to match or exceed his output in that department.

Greinke, meanwhile, is hoping to bounce back after a miserable 2016 season. He finished with an uncharacteristic 4.37 ERA in 26 starts in his first year with the Diamondbacks.

Luis Valbuena to miss four to six weeks with a strained right hamstring

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Angels first baseman Luis Valbuena will miss the next four to six weeks with a strained right hamstring, Pedro Moura of the Los Angeles Times reports.

Valbuena, 31, signed a two-year, $15 million contract with the Angels in January and was on track to get the lion’s share of the playing time at first base. While he’s out, however, C.J. Cron will handle first base on a regular basis. When Valbeuna returns, the two will likely form a platoon.

Last year with the Astros, Valbuena hit a solid .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances.