Reds discussing contract extension with Homer Bailey

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Reds general manager Walt Jocketty admitted earlier this month that it will be “difficult” to keep Homer Bailey, but he still hasn’t given up hope of the possibility.

Bailey, who is entering his final year of arbitration, asked for $11.6 million and was offered $8.7 million when arbitration figures were exchanged yesterday. While a panel of arbitrators could decide on his 2014 salary if the two sides can’t make progress before next month, Jocketty told Mark Sheldon of MLB.com that he’s focused on getting a multi-year deal done.

“In Bailey’s case, we were working on a multi-year [deal],” Jocketty said. “The agent [Casey Close] has [Clayton] Kershaw and he has [Masahiro] Tanaka also, so he’s been tied up with that. We just didn’t anticipate getting it done, but we exchanged numbers in the event and we will continue to negotiate and hopefully get something done before the hearing date.

“I am optimistic,” Jocketty said. “I just think it depends on where they feel the market settles in on free-agent pitchers. Hopefully, we’re not too far with our estimate and with their estimate about the market going forward. What it will be based on is what market for a guy like Bailey will be in the future.”

Bailey turns 28 in May and owns a 3.58 ERA in 65 starts over the past two seasons, so he could be looking at a $100 million deal in free agency if he remains healthy and effective in 2014. The Reds will have to make a very generous offer for him to pass up on a chance to test the open market.

Derek Jeter-Jeb Bush reportedly in agreement to purchase the Marlins

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UPDATE: In the wake of the earlier reports now come multiple reports that, yes, Derek Jeter and Jeb Bush are in agreement to purchase the Miami Marlins. No one in the know is commenting officially, however.

A purchase price is not yet known, though it is expected to be, at a minimum, $1.4 billion, which was the sale price of the Mariners last year. Reports are that Jeter and Bush are still seeking funding sources, but that rival groups have dropped out and that Jeff Loria and the Jeter-Bush team have a handshake agreement.

There are, as we have seen in recent years, a few hurdles to get over, primarily the finalization of funding. But at the moment it appears as if Derek Jeter and Jeb Bush are going to be the next owners of the Miami Marlins.

2:44 PM: There are a couple of confusing and potentially conflicting reports swirling about the Miami Marlins sale right now.

When last we heard, there were two high-profile groups with reported interest. One run by Hall of Famer Derek Jeter and politician Jeb Bush. The other run by Hall of Famer Tom Glavine and . . . son of politician, Tagg Romney.

Today Scott Soshnick of Bloomberg reported that the Jeter-Bush group has “won the auction” for the team. Mike Ozanian of Forbes reported earlier in the day, however, that they haven’t “won” anything. They merely remain the last group standing and that they have submitted a “non-binding indication of interest,” which, as the name suggests, means very little formally. They’re still seeking funding sources. Ozanian reports that the Glavine-Romney team is out.

That’s all a bit confusing, but given how team sales tend to go — slowly, with pretty established and plugged-in sports business types deliberately reporting the progress of negotiations — Ozanian’s report feels a bit more credible. Either way, I’d say it’s way, way too early to photoshop a Marlins cap on old pictures of Derek Jeter just yet.

UPDATE: Then there’s this:

Which does make it sound more official, but leaves open the question of whether Jeter and Bush have the money together.

The first native Lithuanian in MLB history made his debut last night

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Why yes, it is a slow news day. But let’s not allow that to take away from some MLB history.

Last night a young man named Dovydas Neverauskas pitched in mopup duty for the Pirates, who were getting hammered by the Cubs. Mr. Neverauskas pitched two innings, allowing one run, making him, by default, the most effective pitcher the Pirates sent out there last night.

That’s good, but that’s not what makes it historic. What makes it historic is that Neverauskas is the first person born and raised in Lithuania to make the Majors. Here’s some back story on him from last year’s Futures Game.

Lithuania is known for producing basketball players. Now it has its first major leaguer. Whether he becomes baseball’s Arvydas Sabonis is an open question.