Sat 2/16/13 11:33 AM

Reds and RHP Homer Bailey avoided arbitration by agreeing to a one-year contract. Contract details haven't been reported, but Bailey won't be getting a multi-year extension this offseason. He posted a 3.68 ERA and 168/52 K/BB ratio in 208 innings in 2012 and is under team control through 2014. Reds GM Walt Jocketty says he plans to revisit a long-term deal with Bailey "at some point."