McCoy: Bailey for Dye “Done Deal”

Hal McCoy from the Dayton Daily News Reporting:

A major-league source close to the situation told The Dayton Daily News on Sunday, Dec. 7, “The deal is done and will be announced this week.”

The Reds are in the market for an outfielder and moving Bailey makes sense. The 22-year-old righthander, the team’s No. 1 draft pick in 2004, has not lived up to high expectations and some club officials believe a change of venue would be best for him.

Nothing yet from John Fay.  MLBTradeRumors is just reporting what McCoy has.

As per the Chicago Sun-Times and Joe Crowley he has twitterd:

Reports are that Jermaine Dye has been traded to the Reds for pitcher Homer Bailey. Dye’s agent hasn’t heard and KW is remaining quiet

“KW” is Kenny Williams, White Sox GM.

Nothing as of yet from the Chicago Tribune.

Update 10:07

Chicago Tribune is now rejecting the Dye for Bailey rumors:

A source familiar with the talks rejected a report in the Dayton Daily News quoting a “major-league source close to the situation” that a deal to send Sox right fielder Jermaine Dye to Cincinnati for pitcher Homer Bailey “was done and would be announced this week.”

Update 11:21 PM

John Fay says the Reds deny the trade:

Reds assistant general manager Bob Miller said the club is not about to announce a trade that would send Homer Bailey to White Sox for the Jermaine Dye.

“We haven’t talked to White Sox since we got here (Las Vegas),” Miller said.

The Chicago Tribune quoted a White Sox source as saying the deal wasn’t done. The source said the Reds were reluctant to take Dye’ $11.5 million salary.

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