The Reds and Homer Bailey avoid arbitration

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According to John Fay of the Cincinnati Enquirer, the Reds and Homer Bailey have avoided arbitration by agreeing to a one-year contract. CBS Sports’ Jon Heyman hears that the deal is worth $5.35 million.

Bailey requested $5.8 million and was offered $4.75 million by the Reds when arbitration figures were exchanged last month, but the two sides were able to get something done in order to avoid a possible hearing on Monday. The 26-year-old right-hander remains under team control through 2014 and Reds general manager Walt Jocketty plans to revisit the idea of a multi-year extension at some point.

Bailey struggled in his initial chances in the major leagues, but the 2004 first-round pick has made some real strides over the past two seasons, including a 3.68 ERA and 168/52 K/BB ratio over a career-high 208 innings last year. He had a 3.21 ERA after the All-Star break, highlighted by a no-hitter against the Pirates on September 28.

Steven Matz underwent season-ending surgery

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Steven Matz underwent season-ending surgery on his left elbow today. The procedure was to reposition a compressed nerve in his elbow.

Matz, 26, has struggled over 13 starts, posting a 6.08 ERA with a 48/19 K/BB ratio in 66.2 innings. That line was, obviously, a function of the bum nerve in the bum elbow. Trouble aside, Matz is expected to be ready for Opening Day in 2018.

The Mariners Designate Leonys Martin for Assignment. Again.

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Back in April the Mariners designated outfielder Leonys Martin for assignment. He cleared waivers, accepted an assignment to Triple-A Tacoma and proceeded to hit .312/.352/.506 in 84 minor league games, leading to the Mariners calling him up on July 30.

In 19 games since then he’s hit a bit better than he did back in April, but not great: .230/.266/.426. So they just designated him for assignment again. The Rainers only have six more games this season, so he’s likely not going back there. Given that he’s arbitration eligible and the M’s are unlikely to tender him a contract, he’s likely to elect free agency once he clears waivers. Which he will, because he’s making nearly $5 million this year.

Odd year for Martin, who will likely be competing for a roster spot someplace next spring.