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AP source: Ludwick, Reds reach $15M, 2-year deal

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A person familiar with the deal tells The Associated Press that free agent outfielder Ryan Ludwick is returning to the Cincinnati Reds for a two-year contract worth $15 million.

The person spoke Saturday under condition of anonymity because there was no official announcement about the agreement.

The 34-year-old Ludwick hit .275 with 26 home runs and 80 RBIs while helping Cincinnati win the NL Central. He hit three homers and batted .333 in the Reds' five-game loss to San Francisco in the NL division series.

Ludwick declined a mutual option after the season, turning down a $5 million salary and instead receiving a $500,000 buyout. He had signed a one-year deal with a $2 million base salary for 2012, and earned another $350,000 in performance bonuses based on plate appearances.

Copyright 2014 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
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