Major League Baseball

Aroldis Chapman, Reds agree on 1-year, $5 million deal

Published Jan. 28, 2014 4:29 p.m. ET

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CINCINNATI -- Closer Aroldis Chapman agreed Tuesday to a one-year, $5 million contract, leaving the Cincinnati Reds with only starting pitcher Homer Bailey left in arbitration.

Chapman and the Reds split the difference on their arbitration figures. The club had offered $4.6 million while Chapman asked for $5.4 million.

The Reds were far apart with Bailey, who asked for $11.6 million and was offered $8.7 million. If they can't reach a deal, a hearing would be held next month.

Bailey went 11-12 last season with a 3.49 ERA and a club-high 199 strikeouts. He also pitched his second no-hitter in two years.

Chapman went 4-5 with 38 saves and a 2.54 ERA in 68 appearances with 112 strikeouts in 63 2-3 innings.

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Follow Joe Kay on Twitter: http://twitter.com/apjoekay

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