Homer Bailey denies that he wants out of Cincinnati

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There has been plenty of speculation on Homer Bailey’s future this offseason, with Reds general manager Walt Jocketty recently conceding that it will be “difficult” to sign him to an extension, but the right-hander tells FOX Sports’ Ken Rosenthal that he hasn’t dismissed the possibility of staying in Cincinnati.

“To say that I ‘want out of Cincinnati’ is not true,” said Bailey, who is from La Grange, Texas. “I have nothing but good things to say about ownership and management, and I hold a great relationship with the coaching staff.

“If I am in the organization’s future, my priorities are that things make sense for me on the business end, that we are a team that continues to be a highly competitive team in the league and a team that plays the game the right way.”

There’s nothing particularly surprising about that statement, but the key is the part about whether “things make sense for me on the business end.” Bailey is due to hit free agency next offseason and given his age and career trajectory, the 27-year-old could land a contract north of $100 million on the open market. Even if he hasn’t ruled out staying in Cincinnati, the price simply could get higher than the Reds are willing to go.

Bailey has bounced back from early injuries and disappointment to post a 3.58 ERA over the past two seasons, throwing two no-hitters along the way. With MLB Trade Rumors projecting him to earn $9.3 million in his final year of arbitration, contract talks with the Reds are on “hold” at the moment.

Orioles designate Pedro Alvarez for assignment

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The Baltimore Orioles are terrible and going nowhere fast, so they decided to do some shuffling of the decks today.

One part of that was to called up catcher Caleb Joseph, which was the corresponding move to sending down Chance Sisco the other day. Joseph will now be big league teammates with brother Corban. Aww.

Another thing they did was to purchase the contract of Steve Wilkerson from Triple-A Norfolk. He’s a utility guy who has been swinging a hot bat after getting a late start to the season due to a 50-game drug suspension. Good for him, but that’s bad news for Pedro Alvarez, who was designated for assignment in the corresponding move.

Alvarez, 31, started the season well but has been atrocious for most of it. His line on the year is .180/.283/.414 with eight homers, but he’s been far worse than that for over a month. The 2013 NL home run champ will now go through waivers and, at the end of that process, likely have to choose between free agency or a trip to Norfolk. And, given that it’s the worst team in baseball sending him packing, there’s a good chance that it could be the end of the big league road for him.