Report: Reds are “getting close” on a nine-figure extension with Homer Bailey

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Paul Hoynes of the Cleveland Plain Dealer with the report:

Previous reports had indicated that there was an “enormous gap” in negotiations between the Reds and Bailey. If a deal can’t be hammered out soon, Bailey is on track to go to an arbitration hearing. In his third and final year, Bailey filed for an $11.6 million salary for 2014 while the Reds filed for $8.7 million, putting the midpoint at $10.15 million.

Obviously, a six-year deal in the $100 million range puts the average annual value just under $17 million per year, a significant upgrade over what Bailey is projected to earn on a one-year deal to avoid arbitration, or what he would be awarded by an arbitrator.

Mark Lowe wants to attempt a comeback

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Reliever Mark Lowe wants to make a comeback, Jerry Crasnick reports. The 35-year-old veteran is working out in Portland, Oregon and would take an opportunity to pitch overseas as well as a minor league contract with an invitation to spring training.

Lowe signed a minor league deal with the Dodgers back in January, but was cut in the middle of March and didn’t end up signing with another team. He last pitched in the majors in 2016 with the Tigers. Across parts of 11 seasons, Lowe has a career 4.22 ERA with 352 strikeouts and 163 walks in 385 2/3 innings. Lowe spent 2017 at Triple-A for the Mariners and White Sox, compiling a devilish 6.66 ERA in aggregate across 48 2/3 innings.