Bailey was cut loose by the Dodgers on Friday as a condition of waiving his no-trade rights, Eric Stephen of True Blue LA reports.

As expected, Bailey was granted his release after coming over to Los Angeles in a seven-player deal earlier in the day. He will hit the open market and look for a new home following 15 years in Cincinnati's organization. The right-hander has only started 46 games the past four years due to various injuries, and when he's been able to throw, he's been one of the least effective pitchers in the league.

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