There’s an “enormous gap” in extension negotiations between Reds and Homer Bailey

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If you have been holding out hope that the Reds will be able to lock up right-hander Homer Bailey, it’s time for a dose of reality. According to ESPN’s Jerry Crasnick, there’s “an enormous gap” between the Reds’ last offer and what Bailey wants in a long-term deal.

Bailey, who turns 28 in May, is currently on track to hit free agency next offseason. He requested $11.6 million and was offered $8.7 million from the Reds when arbitration figures were exchanged last month, so the two sides have apparently discussed both one-year and multi-year scenarios in recent weeks.

While Bailey dealt with injuries and disappointment early on in his career, he owns a 3.58 ERA over the past two seasons and has thrown two no-hitters along the way. Assuming he can stay healthy this year, he should have a good chance of landing a $100 million contract on the open market. There’s a school of thought that the Reds would be better off dealing Bailey by Opening Day if they can’t work out an extension, but there’s no indication that they are are considering such a move right now.

Report: Momentum in talks between Mariners, Jon Jay

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MLB.com’s Mark Feinsand reports that there is some momentum in talks between the Mariners and free agent outfielder Jon Jay.

Jay, 32, hit .296/.374/.375 in 433 plate appearances with the Cubs last season, which is adequate. He’s heralded more for his defense and his ability to play all three outfield spots.

The Mariners are losing center fielder Jarrod Dyson to free agency and likely don’t want to rely on Guillermo Heredia next season, hence the interest in Jay. The free agent class for center fielders is otherwise relatively weak.