Reynolds remains under team control via the arbitration process. The Orioles have until November 30th to decide whether to tender him a contract for 2013. If the Orioles offer Reynolds arbitration, he'd get approximately $8.9MM in the estimation of MLBTR contributor Matt Swartz.
Reynolds started the 2012 season slowly, but hit 15 home runs after August 1st, finishing with 23 homers and a .221/.335/.429 batting line. The 29-year-old struck out 159 times, but didn't lead the league in strikeouts for the first time since 2007.