The Reds have issued a qualifying offer to Nick Martinez, reports Gordon Wittenmyer of the Cincinnati Enquirer. The QO is valued at $21.05MM. The right-hander declined a $12MM player option over the weekend to hit free agency for a fourth straight winter. Wittenmyer reports that the Reds and Martinez have discussed a multi-year extension but haven’t gained much traction. Rather … [Read more...] about Reds Issue Qualifying Offer To Nick Martinez
12 Players Elect Free Agency
As the offseason nears, a number of players elect minor league free agency each week. These players are separate from six-year MLB free agents, who’ll reach the open market five days after the conclusion of the World Series. Eligible minor leaguers can begin electing free agency as soon as the regular season wraps up. These players were all outrighted off a team’s 40-man roster … [Read more...] about 12 Players Elect Free Agency
Emilio Pagan Exercises Player Option With Reds
The Reds announced that right-hander Emilio Pagan has exercised his $8MM player option for the 2025 season. Pagan inked a two-year, $16MM contract with Cincinnati last winter that included an opt-out clause after the first season, and the reliever has chosen to forego a $250K buyout and a return trip to free agency. There wasn’t much suspense in Pagan’s decision, as he missed … [Read more...] about Emilio Pagan Exercises Player Option With Reds
Nick Martinez Declines Player Option; Brent Suter Re-Signs New Deal With Reds
The Reds announced their full slate of option decisions for the 2025 season this afternoon. Right-hander Nick Martinez turned down his $12MM player option for next season. The Reds held a $3.5MM club option on lefty reliever and Cincinnati native Brent Suter, but rather than exercising it they’ve signed him to a new one-year contract with a club option for the 2026 season. … [Read more...] about Nick Martinez Declines Player Option; Brent Suter Re-Signs New Deal With Reds
Brandon Leibrandt Elects Free Agency
Left-hander Brandon Leibrandt cleared outright waivers and elected free agency, according to his transaction log at MLB.com. Cincinnati had designated him for assignment on Monday as one of the corresponding moves to reinstate Christian Encarnacion-Strand and Matt McLain from the injured list. The Reds also designated Amed Rosario on Monday; there’s no formal resolution on his … [Read more...] about Brandon Leibrandt Elects Free Agency