Posted February 01, 2013 on AP on Fox
Mlb-brewers-giants-july
Left-hander Manny Parra and the Cincinnati Reds have agreed to a $1 million, one-year contract. In addition, the Reds agreed Friday to a minor league deal with catcher Miguel Olivo. The 30-year-old Parra had spent all five of his big league seasons with the Milwaukee Brewers. After missing 2011 with back and elbow injuries, he went 3-10 with a 5.06 ERA last year in 16 starts and 26 relief appearances. He could earn an additional $400,000 in performance bonuses based on games pitched in relief: $50,000 each for 45 and 50, and $100,000 apiece for 55, 60 and 65. To clear a roster spot, Cincinnati designated right-hander Todd Redmond for assignment. Olivo, 34, hit .222 with 12 RBIs in 315 at-bats last year for Seattle, his second season with the Mariners.
MORE FROM YARDBARKER

Ray Rice wins appeal, can sign with any team

Ohio governor decrees playoff committee honorary Ohioans

Lance Stephenson becoming a problem with the Hornets?

Tony Romo: I promise I'll be better next week

Seahawks could wait to address Russell Wilson's contract

Report: SMU football to hire Clemson offensive coordinator

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Dez Bryant: Eagles were ‘kinda cheap’

Hockey goalie rushes into stands to perform CPR on fan

49ers CEO Jed York apologizes for unacceptable performance

Family searching for missing Ohio State football player

CM Punk opens up about leaving WWE, says he'll never return

Manny Pacquiao responds to Floyd Mayweather diss

Why is there a red seat hanging in the Mall of America?

WATCH: Mickey Rourke TKO’d a man half his age in Moscow

What's next for the 49ers?

The most tone-deaf tweet ever?

Five bold predictions for Week 13 in the NFL

Brady Quinn pens 'note' to Jets quarterback Geno Smith

Bills center Eric Wood gained 7.4 pounds at Thanksgiving

Cubs reliever somehow OK after being involved in awful accident

Seahawks players throw shade at 49ers after victory

Five takeaways from NFL's Thanksgiving Day action

Things to be thankful for in the NBA this season

Eric Berry sends out Thanksgiving message

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.

Dez Bryant: Eagles were ‘kinda cheap’

Ray Rice wins appeal, can sign with any team

What's next for the 49ers?

The most tone-deaf tweet ever?

Is Lance a problem for the Hornets?

5 NFL takeaways from Thanksgiving

WATCH: Ronda Rousey talks Eminem

CM Punk opens up about leaving WWE

Wrigley renovation may be delayed

Steelers could have been America's Team

John Beilein upset with ESPN

Should Washington move on from RG3?

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.