Jose Arredondo requested $875,000 and was offered $725,000 by the Reds when arbitration figures were exchanged Tuesday.
Arredondo, who turns 28 in March, posted a 3.23 ERA and 48/31 K/BB ratio over 53 innings last season with the Reds. Jon Heyman of CBS Sports reported Monday that the two sides were close to a deal that would buy out his first two years of arbitration, so perhaps they'll make more progress in the days ahead.