The Reds have re-signed catcher Ramon Hernandez to a one-year, $3 million deal. A source told FOX Sports of the contract, which also includes a $3.25 million vesting option for 2011 that will become guaranteed if Hernandez appears in 120 games in 2010. Cincinnati had declined an $8.5 million option on Hernandez and bought out his contract for $1 million.