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Source: Jeff Francis, Reds agree

Updated: January 26, 2012, 7:23 PM ET
By Jerry Crasnick | ESPN.com

The Cincinnati Reds have agreed with free agent pitcher Jeff Francis on a minor league deal that includes an invitation to major league spring training camp, a baseball source said.

Francis will earn a base salary of $1.5 million if he makes the Reds' big league roster, the source said. The deal includes performance bonuses based on starts that could increase his total payout to $3.25 million.

Francis also has the ability to opt out of the contract on March 28, before the end of spring ...

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