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.

Khris Davis shut down with oblique issue

Khris Davis
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Athletics designated hitter Khris Davis has been placed on the 10-day injured list with a left hip/oblique contusion, per a team announcement. He’ll be shut down from swinging a bat for five days, at which point he’ll undergo further evaluation. A definite timetable for his return has not been announced.

Davis initially sustained the injury after colliding with the left field wall earlier this month, and doesn’t appear to have recovered as quickly or completely as the club hoped he would by this point. Since the move is retroactive to May 22, he’ll be eligible to come off the injured list in early June, assuming all goes according to plan.

In a corresponding move, rookie outfielder Skye Bolt was recalled from Triple-A Las Vegas to fill the vacant roster spot. Without Davis in the lineup, the team will continue to utilize Mark Canha at DH, as the 30-year-old infielder is currently batting a serviceable .224/.346/.567 with seven home runs and a .913 OPS through his first 81 PA of the year.