Reds GM Walt Jocketty concedes that keeping Homer Bailey will be “difficult”

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Homer Bailey has been subject to trade speculation this offseason, as he’s entering his final year of arbitration and could land a huge contract on the open market next winter. The Reds are interested in keeping him long-term, but general manager Walt Jocketty told Mark Sheldon of MLB.com earlier today that he understands the reality of the marketplace.

“He would be probably the one guy that’s going to be the most difficult because of how well he’s done and where he’s at in this service class,” Reds general manager Walt Jocketty said. “Young pitchers are getting quite a bit.”

“At this point, we really haven’t discussed anybody but Homer to sign long term,” Jocketty said. “Homer is the only one we’ve pursued, but we’ve had internal discussions on the other guys. We just have to see how it all fits in, financially.”

Bailey had his best season yet last year, posting a 3.49 ERA and 199/54 K/BB ratio over 209 innings. He also threw his second career no-hitter. Still just 27 years old, he could command a contract north of $100 million if he remains healthy and effective in 2014.

MLB Trade Rumors projects Bailey to make $9.3 million in his final year of arbitration, so there’s a case to be made to trade him if the Reds don’t think they can sign him to an extension. However, Jocketty said he told clubs during the Winter Meetings that he has no intention to move him. There’s nothing wrong with keeping Bailey around for his walk year, as the Reds are expected to contend and his production in the rotation would be very difficult to replace. The Reds would also be able to make him a qualifying offer, though draft pick compensation would merely be a consolation prize if he ends up elsewhere.

Report: Brewers have made formal contract offer to Yu Darvish

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Yahoo Japan reported on Sunday (Monday there) that the Brewers have made a formal contract offer to free agent pitcher Yu Darvish. Ken Rosenthal of The Athletic has confirmed Yahoo Japan’s report. The length of the offered contract and the value are not known at the moment.

Darvish recently said on his personal Twitter account that the Rangers, Yankees, Cubs, Astros, Twins, and “one more team” have been in the running for his services. The unnamed team was believed to be the Dodgers, but it may well be the Brewers.

The Brewers could certainly use Darvish’s arm. Chase Anderson and Zach Davies currently lead the starting rotation and the club added Jhoulys Chacin and Yovani Gallardo this offseason.

Darvish, 31, posted a 3.86 ERA with a 209/58 K/BB ratio in 186 2/3 innings between the Rangers and Dodgers in the regular season last year. He faltered in the playoffs, specifically in the World Series, where he gave up nine runs in 3 1/3 innings across two starts. Darvish was apparently tipping his pitches, however, which is a correctable issue.