Reds Sign Oswaldo Cabrera to $1M Contract to Avoid Arbitration

• The Cincinnati Reds signed Oswaldo Cabrera to a one-year, $1 million contract.
• Cabrera, acquired from the Yankees, signed to avoid salary arbitration.
• The contract includes up to $200K in bonuses based on plate appearances.
• Cabrera is expected to provide versatility and contribute to the Reds' roster.
• The signing was made amidst roster issues and a looming labor lockout.