Miley agreed to a two-year, $15 million contract, the Reds announced. He will make $6 million in 2020 and $8 million in 2021. It includes a club option for $10 million in 2022 with a $1 million buyout.
"We are excited to bring Wade into the organization," said Reds President of Baseball Operations Dick Williams. "We felt it was important to add more innings and depth to the pitching staff, and as a left-hander he will be a great complement to our existing group. Wade has had a lot of success that we feel he can continue to build on."
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News of the Miley signing broke Monday. Miley, 33, was 14-6 with a 3.98 ERA last season in 33 starts with the Houston Astros. He made one postseason relief appearance but did not pitch in the American League Championship Series or the World Series.
🚨 IT'S OFFICIAL! 🚨
— Cincinnati Reds (@Reds) December 18, 2019
The #Reds have signed LHP Wade Miley to a two-year, $15 million contract through 2021 with a club option for 2022! pic.twitter.com/CJ5yknMCT2
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