From Fay:
The Reds exchanged arbitration figures with reliever David Weathers and third baseman Edwin Encarnacion.
The Reds offered Encarnacion $2.55 million. He countered at $3.7 million. He made $450,000 last year. The Reds offered Weathers $3 million. He countered at $4.6 million. He made $3.3 million last year.
Players don't lose in arbitration even if the hearing doesn't go their way.