Posted: Fri February 1, 2013 7:07PM; Updated: Fri February 1, 2013 7:07PM

Reds reach deals with lefty Parra, catcher Olivo

Decrease font Decrease font
Enlarge font Enlarge font

CINCINNATI (AP) -- Left-hander Manny Parra and the Cincinnati Reds have agreed to a $1 million, one-year contract.

In addition, the Reds agreed Friday to a minor league deal with catcher Miguel Olivo.

The 30-year-old Parra had spent all five of his big league seasons with the Milwaukee Brewers. After missing 2011 with back and elbow injuries, he went 3-10 with a 5.06 ERA last year in 16 starts and 26 relief appearances.

He could earn an additional $400,000 in performance bonuses based on games pitched in relief: $50,000 each for 45 and 50, and $100,000 apiece for 55, 60 and 65.

To clear a roster spot, Cincinnati designated right-hander Todd Redmond for assignment.

Olivo, 34, hit .222 with 12 RBIs in 315 at-bats last year for Seattle, his second season with the Mariners.

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

SI Videos
Videos from the Web
 
SI.com
Hot Topics: NBA Playoffs NHL Playoffs Golden State Warriors Bryce Harper Paul Pierce Masai Ujiri
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Read our privacy guidelines and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint