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UPDATE: Homer Bailey and the Reds reach a six-year, $105 million extension

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UPDATE: Mark Sheldon reports that the deal is done. Six years, $105 million with a mutual option for a seventh.

1:05 PMKen Rosenthal reports that the Homer Bailey extension with the Reds is “all but done.”  The deal is for six years and between $100 million and $110 million according to Rosenthal and Jon Heyman. This deal will avoid an arbitration hearing and prevent Bailey from hitting the open market next winter.

Bailey has pitched seven years for the Reds. He’s come on much more strongly the past two, however, putting up ERA+ of 110 and 112 and starting 32 and 33 games, respectively. While he has not yet put together a totally superior season, the kind of performance he has shown is now getting guys contracts in excess of $50 million pretty routinely. If Bailey has a year everyone has long thought he was capable of, that $100 million would likely be easily eclipsed if he were to hit the free agent market before the 2015 season.

The Nationals acquire Marc Rzepczynski from the Athletics

ARLINGTON, TX - JULY 25:  Marc Rzepczynski #35 of the Oakland Athletics throws against the Texas Rangers in the fifth inning at Globe Life Park in Arlington on July 25, 2016 in Arlington, Texas.  (Photo by Ronald Martinez/Getty Images)
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The Nationals have acquired left-handed reliever Marc Rzepczynski and cash considerations from the A’s in exchange for minor league infielder Max Schrock.

Schrock is a 21-year-old second baseman who has been pretty darn impressive in A-ball this year, but the Nats can be excused for giving up promise in 2018 or whatever for some bullpen help come playoff time. Rzepczynski walks a few too many guys for my taste but he strikes ’em out at a pretty decent rate for a LOOGY and the Nats could use another southpaw reliever apart from Oliver Perez. This is especially true given how many tough lefty hitters they may face in the playoffs.

On the basic merits, sure, Rzepczynski for Schrock may look pretty dang good for the A’s in a few years. But this October the A’s will be watching on TV from home while the Nats will be trying to win it all, making the trade pretty darn understandable from their point of view.

 

Video: Minor leaguer dives over the wall to rob a home run

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Meanwhile, in Tulsa, Zach Welz of the visiting Arkansas Travelers made a spectacular catch. It was the catch Torii Hunter tried to make on that famous David Ortiz homer in the playoffs a few years back except Welz made it.

Watch as he topples over the wall to come up with the would-be dinger off the bat of Tulsa Drillers first baseman Cody Bellinger: