The Reds’ immediate exit from the playoffs makes it easy to forget the successes of the regular season. Cincinnati snapped a four-year postseason drought in manager Terry Francona’s first season. They won 83 games for just the second time since 2013. This team has something to build on heading into 2026, and now is the time to make a splash in free agency.
As MLBTR’s Anthony Franco explored in Cincinnati’s Offseason Outlook for Front Office subscribers, improving the offense will be key this offseason. The club did not have the depth or high-end talent to compete with the best of the National League. Cincinnati could make smaller moves around the margins, as they’ve done in recent seasons, but why not take a bigger swing?
Financially, the team is in a decent spot. FanGraphs’ RosterResource tool has the Reds with an estimated payroll of around $94MM heading into next season. They were close to $120MM this past season, and have been above $130MM in each season from 2020 to 2022. The biggest current commitment for 2026 is the $13MM owed to Jeimer Candelario. While it stings to be shelling out that amount to a player no longer in the organization, Candelario is the only one on the books for eight figures right now, assuming the team declines Austin Hays’ $12MM mutual option. MLBTR contributor Matt Swartz has Brady Singer projected to earn $11.9MM in arbitration, but the righty will likely be the only significant commitment coming from the arbitration process.
Cincinnati’s largest free agent contract by total value is a tie between Nick Castellanos and Mike Moustakas at $64MM over four years in 2020, as shown on MLBTR’s Contract Tracker. The club will have to go well beyond a $16MM average annual value to entice Kyle Schwarber or Pete Alonso, but maybe combining the outlay on Castellanos and Moustakas would be enough to make an interesting offer.
Part of the reason for the offense being the offseason focus is that the pitching staff was excellent in 2025. Hunter Greene looked like an ace when healthy. Andrew Abbott delivered a breakout season. Singer and Nick Lodolo provided stable innings. Chase Burns posted electrifying strikeout numbers upon getting called up. Cincinnati ranked ninth in starting pitcher ERA. Only six other starting staffs had more strikeouts.
The success on the mound is made more impressive by Cincinnati’s home venue. Great American Ball Park ranks third in StatCast’s Park Factor metric. It’s the second-highest rated park for home runs. The strides made by the starting pitching unit make the shortcomings of the offense harder to swallow, especially given the favorable hitting environment.
Though they snuck into the playoffs after chasing down the Mets, the Reds finished third in the NL Central. They haven’t been better than third in the division since winning it in 2012. This might be the perfect time to buck that trend.
Pittsburgh and St. Louis are in rebuilding mode, making this a three-horse race heading into next season. Milwaukee and Chicago both won 90+ games in 2025, but could be facing significant losses. Kyle Tucker is a free agent. He would fit the bill as a significant splash for Cincinnati, though he’s likely out of their price range. The more likely impact is removing a key contributor from the middle of the Cubs’ lineup. Speaking of important losses, Milwaukee could be considering a Freddy Peralta trade. It would be a massive loss for a rotation without much proven depth and some health questions.
The Brewers and Cubs are still likely the favorites to win the NL Central next season, but the Reds can close the gap. Their finances make a big move possible, and their pitching staff deserves better support. Schwarber said it would be “cool” to suit up for his hometown team. The Reds might as well try to make that happen.