Cincinnati has bought out Nick Masset’s remaining arbitration eligibility, signing the right-hander to a two-year contract that MLB Trade Rumors reports is worth $5.5 million.
Masset made $1.725 million last season and submitted a $2.9 million figure for arbitration after throwing 70 innings with a 3.71 ERA and 62/31 K/BB ratio. Cincinnati countered at $2.1 million.
When the Reds acquired Masset from the White Sox in the mid-2008 deal for Ken Griffey Jr. he looked like little more than a fifth starter or long reliever, but he’s proven to be much more than that with a 3.07 ERA and 228 strikeouts in 240 innings for Cincinnati while adding velocity and emerging as a quality setup man.
Masset, who was already under team control for two more seasons, remains on track to become a free agent following 2013.