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.

Report: Brewers sign Yovani Gallardo to a major league deal

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Free agent right-hander Yovani Gallardo is headed back to the Brewers on a major league deal, The Athletic’s Ken Rosenthal reports. No other terms have been reported yet, as the agreement is still pending a physical.

Gallardo, 31, completed a one-year run with the Mariners before getting his $13 million option declined by the team last month. He provided little value during his time in Seattle, pitching to a 5-10 record in 22 starts and putting up a 5.72 ERA, 4.1 BB/9 and 6.5 SO/9 in 130 2/3 innings as both a starter and reliever.

Still, assuming the veteran righty is on the cusp of a comeback, he may as well try for it with his original club. Gallardo last appeared for the Brewers from 2007 to 2014, racking up a cumulative 20.8 fWAR and peaking during the 2010 season, when he earned his first All-Star nomination and Silver Slugger award. This will be his ninth career season with the club.

Even with Gallardo aboard, the Brewers are expected to continue deepening their pitching stores for 2018. With team ace Jimmy Nelson still recovering from shoulder surgery, the club will enter the season with a projected rotation of Gallardo, Zach Davies, Chase Anderson and Junior Guerra, the latter of whom pitched just 70 1/3 innings in 2017 following a right calf strain and shin contusion. Another big name pitcher could help cement Milwaukee’s rotation and keep them competitive for another year, though they don’t appear to have made any concrete moves in that direction so far.