Reds re-signed OF Ryan Ludwick to a two-year, $15 million contract. The deal has become official after Ludwick passed his physical Monday. The veteran outfielder earned a two-year deal after batting .275/.346/.531 with 26 home runs and an .877 OPS over 125 games this past season for the Reds. He'll be their starting left fielder once again in 2013.

Ryan Ludwick will get $15 million in his two-year deal with the Reds. Financial details are provided by Jon Heyman of CBS Sports. Ludwick was able to reestablish his value in 2012, batting .275/.346/.531 with 26 home runs and an .877 OPS over 125 games. He's now under contract through the 2014 season.

CBS Sports' Jon Heyman reports that the Reds have reached an agreement to re-sign outfielder Ryan Ludwick. No word yet on the terms, but previous reports indicated that the Reds had offered Ludwick a two-year deal in the range of $13 to $14 million. The 34-year-old enjoyed a resurgent season in 2012, batting .275/.346/.531 with 26 home runs and an .877 OPS, and is a decent bet for continued success playing half of his games in the hitter-friendly Great American Ballpark.

John Fay of the Cincinnati Enquirer reports that Ryan Ludwick is still mulling over whether to accept a contract with the Reds.

Jim Duquette of MLB.com hears that Ryan Ludwick's deal with the Reds isn't done yet. Duquette says it's likely that the outfielder winds up re-signing with the Reds, but he's still feeling out interest from other clubs. Ludwick is reportedly looking for a two-year pact in the $14 million range. He batted .275/.346/.531 with 26 home runs for the Reds in 2012.

Yahoo! Sports' Jeff Passan hears that the Reds are "getting close on a deal" with Ryan Ludwick. Passan adds that the Reds' offer "has been out there, and they expect it to get done." Jim Duquette of MLB.com reported previously that the veteran outfielder was looking for a two-year, $14 million deal. Ludwick made just $2.5 million in 2012 while batting .275/.346/.531 with 26 home runs.

Jim Duquette of MLB.com hears that Ryan Ludwick is looking for a two-year, $14 million deal. It's a reasonable expectation after he batted .275/.346/.531 with 26 home runs this past season while making just $2.5 million. The Reds would like to retain him, but they could have some competition. The Mets and Mariners are showing interest.

The Reds met Tuesday morning with Ryan Ludwick. "We're in the ballpark," Reds general manager Walt Jocketty said of the meeting. Ludwick has also drawn interest this offseason from the Mets and Mariners. He batted .275/.346/.531 this past summer with 26 home runs.

Ken Davidoff of the New York Post reports that the Mets are open two a two-year deal for free agent outfielder Ryan Ludwick. It would carry an annual salary of around $6-7 million. Still, the Reds are seen as the favorites to re-sign him. The 34-year-old outfielder batted .275/.346/.531 with 26 home runs and an .877 OPS this past season.

John Fay of the Cincinnati Enquirer reports that the Reds will meet with free agent outfielder Ryan Ludwick on Tuesday morning. The Reds have an offer on the table and there's a chance he could accept. Ludwick is surely looking for a multi-year deal after batting .275/.346/.531 with 26 homers and an .877 OPS this past season. Joel Sherman of the New York Post reported Monday that the Mets have expressed interest.