All you need to know: MLB news, rumors for Jan. 17

Will the Reds sign Homer Bailey to a multi-year extension?
Will the Reds sign Homer Bailey to a multi-year extension? (USATSI)

MORE: FA tracker: position players | FA tracker: pitchers

With the arbitration filing deadline coming Friday, there wasn't much more going on in baseball news aside from that.

On that front, here's the list of players who signed a deal and avoided arbitration. Also of note are the players who didn't reach an agreement and might be headed to arbitration -- and we know that three Atlanta players are headed that way.

Other than that, it was an incredibly slow day as we still wait for a certain Japanese starting pitcher to sign and likely unclog that market in free agency.

SIGNING

The Brewers inked Mark Reynolds to a minor-league deal that includes an invitation to spring training.

REPORTS

CBSSports.com's Jon Heyman has the latest on the Masahiro Tanaka sweepstakes, with the Chicago teams looking like strong contenders.

The Reds are apparently headed toward arbitration with starting pitcher Homer Bailey at this point, though Reds general manager Walt Jocketty tells MLB.com they are working toward a multi-year deal with Bailey. If a deal isn't struck, Bailey would hit free agency after this coming season.

CBS Sports Writer

Matt Snyder has been a baseball writer with CBS Sports since 2011. A member of the BBWAA, he's now covered the last five World Series beginning with the epic 2011 Fall Classic. The former Indiana University... Full Bio

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