DEAL DONE: Cincinnati Reds have made official signing of an experienced reliever worth $22.5 million who is keen….

He can earn $350,000 in performance bonuses for games pitched: $50,000 each for 35, 40, 45, 50, 55, 60 and 65. He had a $1.75 million, one-year contract for this season.

Cincinnati also designated outfielder Bubba Thompson for assignment. The 25-year-old Thompson is a .242 hitter with a homer and 13 RBIs in 92 big league games — all with Texas.

Farmer, a Georgia native who turns 33 in February, was selected by Detroit in the fifth round of the 2013 amateur draft. He made his major league debut with the Tigers in 2014.

He is 21-28 with a 4.98 ERA in 356 career games, including 21 starts.

One of the big workhorses in the Cincinnati Reds’ Clydesdale of a bullpen last season has returned as a free agent on a one-year deal.

Right-hander Buck Farmer, whose 71 appearances tied for fifth with teammate Alexis Diaz in the National League, signed a $2.25 million deal for 2024, a raise of $500,000 over his 2023 salary.

It’s been crickets this MLB offseason from the North Side.

Outside of shocking the baseball world by hiring Milwaukee Brewers manager Craig Counsell to a record-setting deal, the Cubs haven’t done anything else this offseason. But that doesn’t mean they won’t sooner or later.

One MLB insider believes they’re the favorite to retain Cody Bellinger, the lefty center fielder who rejuvenated his career with the Cubs last season.

“I think the favorite right now has to be the Cubs,” Jon Heyman said on a Bleacher Report livestream. “We’re gonna rule out the Yankees. The [Blue] Jays have done some stuff, so you know. I still think they could do it, possibly. I still think the Giants could do it, possibly. He could help a number of teams. He could help Seattle [Marinerse], he could help the [Los Angeles] Angels, he could help the [New York] Mets.”

Several teams eliminated themselves from the Bellinger sweepstakes, in theory. The Yankees trade to acquire Juan Soto essentially eliminated them from the mix. Some would begin to think the Blue Jays signing outfielder Kevin Kiermaier takes them out of the race for Bellinger. As Heyman said, they could still be in the mix, however.

Bellinger isn’t narrow-minded this offseason. His agent, Scott Boras, told the media at the MLB Winter Meetings Bellinger is listening to all offers. There aren’t any teams crossed off his list.

“Our platform is Cody’s let us know that he’s listening to everyone involved, and there are no exclusions,” Boras said.

As aforementioned, the Cubs have yet to make a move. They appeared to be all in on the Shohei Ohtani sweepstakes. Unfortunately, he landed with the Los Angeles Dodgers on an unprecedented deal; it’s one so large and complex it’s impossible to blame the Cubs for missing on him.

Nevertheless, they’ve been connected to several names. Heyman mentioned first baseman Rhys Hoskins and third baseman Matt Chapman as options to solidify a dangerously defensive infield. But Bellinger, going off Heyman’s report, appears to be a priority at this point in an unusually quiet offseason.

The Cubs have been building their roster intensely since last season. They went into the offseason with their eyes set on the grand prize but fell short. To think the Cubs won’t make a splash this offseason would be naive.

But they haven’t put pen to paper yet. Soon, Heyman insists, they will.

“To me, the Cubs haven’t done anything except the manager (Craig Counsell), right?” Heyman said. “They bring in a new manager, do we really expect them to end up doing nothing? We know they are looking at offense. That would be the No. 1 play for the Cubs to get Bellinger.”