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The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Homer Bailey, Reds GM Jocketty talk about negotiations

GOODYEAR, Arizona (Mike Berk) -- It appears the Reds and Homer Bailey are close to a deal that would keep him with the team. If they don't work it out by Thursday, they'll have to go to arbitration.

The deal is thought to be worth about $100 million over six years. Bailey worked out with the other pitchers and catchers, while his agent hammered out details.

Both Bailey and General Manager Walt Jocketty talked to Mike Berk about Bailey's role on the team.

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