CINCINNATI - Right-handed reliever Nick Masset agreed on a two-year, US$5.5-million deal with the Cincinnati Reds on Wednesday, avoiding salary arbitration.

Masset gets a base salary of $2.4 million this year and $3.1 million in 2013. The deal includes performance bonuses and an escalator for his 2013 base salary if he reaches certain goals.

Masset made $1,825,000 last season, when he went 3-6 with a 3.71 earned run average in 75 relief appearances. He asked for $2.9 million in arbitration, and the club offered $2.1 million.

The signing leaves right-hander Jose Arredondo as the final Reds player in arbitration. He's asking for $875,000, and the club has offered $725,000. Arredondo made $480,000 last season, when he went 4-4 with a 3.23 ERA in 53 appearances