Guilmet had a 1.84 ERA in 23 combined appearances with Triple-A Buffalo (Toronto) and Triple-A Durham (Tampa Bay) this season. The 27-year-old earned recognition as an MiLB.com organization All-Star in 2012 and '13 with the Indians, as well as selections as a league All-Star at every level during his Minor League career.
Guilmet has gone 0-1 with a 6.43 ERA in 17 big league appearances with Cleveland (2013), Baltimore ('14) and Tampa Bay ('15).
Reed, 25, was a first-round Draft pick out of Stanford in 2011 and signed for a $1.6 million bonus. He has gone 2-2 with a 5.97 ERA in 24 games with Double-A Tulsa and Triple-A Oklahoma City this season.
Ken Gurnick is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.