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[False] Report: Jermaine Dye to Reds for Homer Bailey

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With baseball's annual winter meetings unfurling this week at the Bellagio in Las Vegas, rumors run rampant. A noteworthy one involving the Cincinnati Reds is making the rounds — pitcher Homer Bailey for Chicago White Sox outfielder Jermaine Dye. A major-league source close to the situation told The Dayton Daily News on Sunday, Dec. 7, "The deal is done and will be announced this week." Update by The Cheat, 12/07/08 9:40 PM CST]: Both the White Sox (via Chicago Tribune) and Reds (via Cinci Enquirer) deny the report.