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.

Top MLB Public Bets

MLB Top Stories

Thumbnail Cardinals vs. Cubs Prediction Will Jose Quintana shut down the Cardinals when the Cubs host their biggest rivals at 8:05PM ET?
Thumbnail Nationals vs. D-Backs Prediction Despite the pitching matchup, will today's Nationals and Diamondbacks game go over the betting total at 4:10PM ET?
Thumbnail Braves vs. Dodgers Prediction Is the under a safe bet to cash this afternoon when the Dodgers host the Braves at 4:10PM ET?
Thumbnail Padres vs. Giants Prediction Will the over cash again today in San Francisco when the Giants host the Padres at 4:05PM ET?
Thumbnail Red Sox vs. Angels Prediction Will the Angels pull off another upset of the Red Sox today when the two teams meet at 3:37PM ET?

MLB Team Pages