The Cincinnati Reds and starting pitcher Homer Bailey have reached an agreement on a six-year, $105 million contract extension, MLB.com's Mark Sheldon reports.
According to Sheldon, the deal comes with a mutual option for a seventh year worth $25 million with a $5 million buyout.
Bailey said Monday morning at spring training that the two sides were "really close" on a multi-year deal.
The Reds have not made an announcement about the deal.
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