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.

Octavio Dotel, Luis Castillo arrested in drug, money laundering investigation

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Five years ago, Octavio Dotel retired following a 15-year career in which he pitched for a then-record 13 different teams. I’m not exactly sure what he’s been up to since then, but I know that today he got arrested, as did former Marlins, Twins and Mets second baseman Luis Castillo.

That’s the report from Héctor Gómez, and from the Dominican Today, each of whom report that the two ex-big leaguers were arrested today in connection with a longstanding money laundering and/or drug investigation focused on one César Peralta. also known as “César the Abuser.” So he sounds fun. Gómez characterizes it as a money laundering thing. Reporter Dionisio Soldevila characterizes it as “drug trafficking charges.” Such charges often go hand-in-hand, of course. I’m sure more details will be come out eventually. For now we have the report of their arrests. According to the Dominican Today, four cars belonging to Dotel were confiscated as well.

Dotel didn’t debut until he was 25, and for his first couple of years with the Mets and Astros he struggled to establish himself as a starter. He was switched full-time to the Houston bullpen at 27, however, and went on to make 724 relief appearances with a 3.32 ERA and a .207 opponents’ batting average while racking up 955 strikeouts in 760 innings. At the time of his retirement his career strikeout rate — 10.8 per nine innings — was the best in the history of baseball for right-handed pitchers with at least 900 innings, edging out Kerry Wood and Pedro Martinez.

Castillo also played 15 seasons, with a career line of .290/.368/.351. He was a three-time All Star and won three Gold Glove awards.