The Reds announced that they have turned down three contract options. Outfielder Austin Hays had a $12MM mutual option on his deal but the club has declined that in favor of giving him a $1MM buyout. Right-hander Scott Barlow receives a $1MM buyout instead of a $6.5MM club option. Left-hander Brent Suter gets a $250K buyout instead of a $3MM club option. All three players are now free agents.

More to come.