The Reds have shut Homer Bailey down for the season

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The Reds will move right-hander Homer Bailey to the 60-day disabled list tomorrow, which means that his season is officially over.

Bailey hasn’t pitched since August 7 due to a flexor mass strain in his right elbow. Reds general manager Walt Jocketty told C. Trent Rosecrans of the Cincinnati Enquirer that he’s currently mulling over whether to have surgery.

“Not yet, but probably we’ll make a decision this week,” Jocketty said. “We did determine that he shouldn’t pitch the rest of the year.”

Bailey signed a six-year, $105 million extension with the Reds in February and got off to poor start this season, but he was much better after May and ended up with a 3.71 ERA and 124/45 K/BB ratio over 145 2/3 innings. He’ll hope for better health and consistency in year two of the deal.

Gallegos agrees to 2-year, $11M contract with Cardinals

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.

The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.

“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”

He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.

Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.

His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.

He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.

Gallegos has a $2.41 million salary this year.

He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.