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Aroldis Chapman and Reds agree on $5 million, 1-year deal, leaving Bailey in arbitration

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CINCINNATI - Closer Aroldis Chapman agreed to a $5 million, one-year contract Tuesday, 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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