The Reds and outfielder Shin-Soo Choo have avoided arbitration after reportedly agreeing to a one-year deal. John Fay of the Cincinnati Enquirer was the first to break the news.
Choo, was acquired via trade from the Cleveland Indians in December, filed for $8 million. The Reds countered at approximately $6.75 million. The financial details of the finalized contract have yet to be released, but it is safe to assume that the final figure is somewhere in between.
The Korean native earned approximately $4.9 million last season.
The accord with Choo now means the Reds have only two arbitration-eligible players left to sign: pitchers Mat Latos and Homer Bailey.
Although it is getting late in the process, recent history suggests that the team will work out deals with both players before having to go to the arbitration table. Cincinnati hasn't had a case go to hearing since 2004 with Chris Reitsma.
Update (5:59 PM) - The deal is reportedly worth $7.375 million