Reds, Homer Bailey agree to six-year, $105M contract
FEB 19, 2014 2:02p ET
Bailey had said Monday, "We're going in the right direction. The majority of it is worked out."
The contract will allow the two parties to avoid arbitration, and there is also a $25 million mutual option for 2020.
Bailey, 27, went 11-12 with a 3.49 ERA and 1.12 WHIP in 2013. He has topped 200 innings pitched in each of the past two seasons.