Reds righthander Homer Bailey is in serious talks with his team on a deal that is said to be for north of $100 million. The contract, if finalized, will be for between $100 million and $110 million over six years, according to scources, and including a seven-year option. Bailey would be eligible for free agency after the 2014 season, but there is optimism the pong-term deal will be consummated..