He can earn $350,000 in performance bonuses for games pitched: $50,000 each for 35, 40, 45, 50, 55, 60 and 65. He had a $1.75 million, one-year contract for this season.
Cincinnati also designated outfielder Bubba Thompson for assignment. The 25-year-old Thompson is a .242 hitter with a homer and 13 RBIs in 92 big league games — all with Texas.
Farmer, a Georgia native who turns 33 in February, was selected by Detroit in the fifth round of the 2013 amateur draft. He made his major league debut with the Tigers in 2014.
He is 21-28 with a 4.98 ERA in 356 career games, including 21 starts.
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