With little major league-ready depth after their projected five starters, the Cincinnati Reds aren't currently in a position to shop Homer Bailey as he enters his last season before free agency. So it makes sense that the Reds were telling teams last month that he's not available, as was reported by Jon Heyman of CBS Sports.
But with Bronson Arroyo still available in free agency, along with a few other very good starting pitchers, the possibility of trading the 27-year-old Bailey with the knowledge that they would replace him with another good option is still alive.
The Reds have discussed a long-term contract extension with Bailey's representatives, according to Mark Sheldon of MLB.com, though general manager Walt Jocketty acknowledged that the right-hander would be difficult to sign because of his recent success—Bailey has a 3.58 ERA with a 2.3 BB/9 and 7.9 K/9 over the past two seasons, including a few stretches of dominance. As Ken Rosenthal of Fox Sports pointed out last month, an inability to sign Bailey long-term could change their thinking on a trade.
If they do seriously consider a trade anytime in the near future, here are four potential suitors and what it might take for each team to acquire Bailey.