The Reds inked Matt Belisle to a contract today:

Reds pitcher Matt Belisle will enter the starting rotation mix this spring knowing that he’s got a bit more financial security after agreeing to a one-year, $1.25 million contract with the team on Thursday.

Belisle, who went 8-9 last season with a 5.32 ERA, made $390,000 in 2007. He became arbitration eligible and asked for $1.65 million.

“He’s happy, we’re happy, and we’re looking forward to an even better year this year,” said Reds general manager Wayne Krivsky.

“It’s always good when you can avoid the arbitration process and settle a deal that makes both sides happy,” Krivsky said.

I agree with that, and I’m glad to have Belisle back in the fold. I really feel that Belisle is poised to take a huge step forward this year.

Only one arb-eligible Red remains: Brandon Phillips.