Reds Secure Emilio Pagán Return
The Cincinnati Reds are set to welcome back closer Emilio Pagán on a two-year contract valued at $20 million. This agreement is contingent upon a successful physical examination and includes an opt-out clause after the first season.
Pagán’s Impressive 2024 Season
Pagán’s return follows a remarkable year in which he secured 32 saves, a personal record. Although he experienced challenges, including blowing six save opportunities, his overall performance was solid, finishing with a 2.88 earned run average over 68 2/3 innings.
- Career-high saves: 32
- Earned run average: 2.88
- Innings pitched: 68 2/3
- Strikeout rate: 30%
- Walk rate: 8.1%
Pitching Performance and Strengths
Pagán showcased his ability to handle high-pressure situations, despite having a history of injuries, including a lat strain that affected his previous season. In 2024, he avoided injury setbacks and demonstrated versatility against both left- and right-handed hitters. His fastball consistently reached 95-96 MPH and he achieved a 14.6% swinging strike rate.
Challenges in the Bullpen
Despite his strengths, Pagán’s fly-ball pitching style poses a risk of home runs. He has allowed 85 homers since entering the league in 2017, outpacing all other relievers in this statistic. This downside underscores the balance between his effectiveness and vulnerabilities.
Contract Details and Future Prospects
The terms of the new contract provide Pagán with financial security as he approaches his mid-thirties. His performance this season solidified the deal, which slightly exceeded earlier predictions of two years at $16 million.
If he maintains performance in 2026, the opt-out clause could lead him back into free agency, presenting potential future opportunities. The Reds anticipate utilizing Pagán as the primary closer again, supported by relievers like Tony Santillan, Connor Phillips, and Graham Ashcraft.
Reds’ Payroll and Roster Management
Following the signing, the Reds’ 40-man roster will account for 39 players. Currently, the organization has approximately $100-105 million committed in player salaries. President of baseball operations Nick Krall indicated expectations for the payroll to reach around $116 million for the upcoming season, allowing space for potential acquisitions.
- Guaranteed contracts amount: $32.275 million for six players, including Pagán.
- Projected arbitration class costs: approximately $45 million.
- Plans for potential signings, including interest in Kyle Schwarber.
The Reds are also exploring options to optimize their payroll through potential trades while aiming to secure impactful hitters.
