Homer Bailey Signs A Six -Year Extension

The Reds and Homer Bailey can now cancel their arbitration hearing.

Bailey signed  a six-year, $105 million contract a day before his scheduled arbitration hearing.

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Bailey was the Reds' final player in arbitration. The 27-year-old pitcher made $5,350,000 last season. He asked for $11.6 million arbitration and the Reds offered $8.7 million, their biggest gap with one of their arbitration-eligible players.

The deal announced Wednesday includes a $25 million mutual option for 2020.

The hard-throwing Texan went a career-best 13-10 with a 3.68 ERA in 2012, completing his breakthrough season by throwing a no-hitter in Pittsburgh. He threw the 16th no-hitter in franchise history last June, a 3-0 win over San Francisco at Great American Ball Park. Bailey went 11-12 with a 3.49 ERA last year.

The Reds haven't been to arbitration with a player since 2004 when they won a case with Chris Reitsma.  The last time the Reds lost a case in arbitration was in 2001 when Sean Casey won over Jim Bowden in 2001.

Below is the Reds' recent history with arbitration according to Jamie Ramsey.

2004

Beat Chris Reitsma

2003

Beat Bruce Chen

2001

Beat Danny Graves

Beat Osvaldo Fernandez

Lost to Sean Casey

1999

Beat John Hudek

1994

Lost to Joe Oliver

1993

Lost to Bip Roberts

1992

Beat Greg Swindell

Beat Glenn Braggs

1990

Beat Randy Myers

1989

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Lost to Danny Jackson

1988

Beat John Franco

1987

Beat Ted Power

1986

Lost to Dave Van Gorder

Beat Eddie Milner

1984

Lost to Paul Householder

Beat Joe Price

1983

Lost to Joe Price

Lost to Mario Soto

Beat Bruce Berenyi

1982

Lost to Tom Hume

Lost to Mario Soto

Beat Frank Pastore

1981

Beat Dave Collins

Beat Paul Moskau

Beat Mike Vail

1980

Lost to Dave Collins

Lost to Ray Knight