4:34pm: Parra obtained a Major League deal with a base salary of $1MM, Ken Rosenthal of FOX Sports reports (on Twitter). Parra can earn another $400K in appearance bonuses.
4:06pm: The Reds announced that they signed left-hander Manny Parra to a one-year contract (Twitter link). The club designated right-hander Todd Redmond for assignment in a corresponding move.
Parra appeared in 62 games for the Brewers in 2012, posting a 5.06 ERA with 9.4 K/9 and 5.4 BB/9 in 58 2/3 innings of relief work. The Brewers non-tendered the 30-year-old earlier in the offseason instead of paying him a projected $1.6MM salary. Parra, a CAA Sports client, also drew interest from the Cardinals, Pirates and Mets this winter. He joins a Reds bullpen that includes left-hander Sean Marshall.
Redmond made his MLB debut in 2012, starting one game at the big league level. The 27-year-old spent most of the season at Triple-A, where he posted a 3.63 ERA with 8.2 K/9 and 2.4 BB/9 in 148 2/3 innings. The Reds acquired him from the Braves for Paul Janish last July.