Posted: Tue February 12, 2013 3:40PM; Updated: Tue February 12, 2013 3:40PM

Mat Latos avoids arbitration with Reds

Decrease font Decrease font
Enlarge font Enlarge font
Mat Latos
Mat Latos went 14-4 in 2012, his first season with Cincinnati.
AP
MLB Team Page

GOODYEAR, Ariz. (AP) -- Right-hander Mat Latos has agreed to an $11.5 million, two-year contract with the Cincinnati Reds, avoiding what would have been baseball's first salary arbitration hearing of the year.

Latos will receive salaries of $4.25 million this year and $7.25 million in 2014 under Tuesday's deal.

Cincinnati obtained Latos from San Diego before the 2012 season. He solidified a rotation that was one of the NL's best, helping the Reds win the NL Central for the second time in three seasons. Latos went 14-4 with a 3.48 ERA and two complete games in 33 starts.

Latos made $550,000 last season. Eligible for arbitration for the first time, he had asked for $4.7 million in arbitration and had been offered $4.15 million.

Right-hander Homer Bailey is the last Reds player in arbitration. He has asked for $5.8 million, and the Reds have offered $4.75 million. They've also discussed a multiyear deal with Bailey, who pitched a no-hitter at Pittsburgh last Sept. 28.

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 This material may not be published, broadcast, rewritten, or redistributed.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: Washington Wizards Albert Pujols Mock NFL Draft Drake Russell Allen Toronto Raptors
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