"Edinson Volquez is taking a bit of a risk. The Reds offered him a multiyear deal, but he's only been interested in a one-year deal.

Reds general manager Walt Jocketty said he hoped to have the deal wrapped up by Monday.

Volquez's deal will likely be for $1.6 or $1.7 million. The Reds offered $1.3 million in arbitration; he countered at $2 million."