Mike Leake gets $3.06 million deal from Reds

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Associated Press

Posted on February 6, 2013 at 9:06 PM

Updated Thursday, Feb 7 at 4:02 PM

CINCINNATI (AP) — The Reds have agreed to a $3.06 million, one-year deal with right-hander Mike Leake, avoiding salary arbitration with their fifth starter.

The deal on Wednesday leaves three Reds still facing arbitration: starters Mat Latos and Homer Bailey and outfielder Shin-Soo Choo.

Leake made $507,500 last season, when he went 8-9 with a 4.58 ERA in 30 starts, a career high. He asked for $3.5 million in arbitration, and the club offered $2.65 million. He will compete with left-hander Aroldis Chapman for a spot in the rotation. He would make an additional $25,000 if he pitches 180 or more innings.

Cincinnati's three most expensive arbitration cases are pending. Choo is seeking $8 million, Bailey $5.8 million and Latos $4.7 million. The Reds have settled with outfielder Chris Heisey and reliever Alfredo Simon.

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Follow Joe Kay on Twitter: http://twitter.com/apjoekay

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