UPDATE: Ken Rosenthal of FOXSports.com says it’s a four-year, $28 million deal, so the Reds pre-pay for all three arbitration seasons and buy out his first year of free agency.
Tim Dierkes of MLB Trade Rumors reports that the Reds and catcher Devin Mesoraco are “nearing a multi-year extension.”
Mesoraco is arbitration eligible for the first time at age 26 and filed for $3.6 million, while the Reds countered at $2.45 million.
After struggling early in his career Mesoraco had a breakout 2014 season, hitting .273 with 25 homers and an .893 OPS in 114 games while making his first All-Star game. He led all MLB catchers in homers, slugging percentage, and OPS.
He’s under team control through 2017, so to buy out any of his free agent seasons the Reds would have to sign Mesoraco for at least four years.