I read that it was in the $20-25M range. The Reds bid isn't anywhere near as bad as what the Mets are paying Oliver Perez or Frankie Rodriguez.
Yeah, I believe the Nats bid was in the low 20s compared to the 30 from the Reds. Over 6 years, that is a very reasonable investment for a guy with his talent. There are no guarantees for any player, but that is a reasonable risk for a team to take, especially ones trying to fill organizational pitching needs.