Latest On Kyle Schwarber’s Market

The Reds remain in the market for Kyle Schwarber, writes Mark Sheldon of MLB.com. That has been a frequent connection because Schwarber grew up a Reds fan not far outside Cincinnati. The club also needs to add an impact bat, though it remains to be seen if they’re willing to make a competitive offer.

Cincinnati finished 14th in MLB in scoring despite playing in one of the sport’s most hitter-friendly venues. They had a .245/.315/.391 slash line and finished 21st in home runs. Elly De La Cruz was the team leader with 22 homers, and their only two hitters who slugged at least .450 in more than 100 plate appearances (Miguel Andujar and Austin Hays) are free agents. The Reds need offense generally and would benefit from a power bat in particular.

Schwarber is the best slugger available. He’s coming off a 56-homer season in which he hit .240/.365/.563 while starting all 162 games for the Phillies. He hasn’t hit fewer than 30 homers in a full season since 2018 and is tied with Shohei Ohtani for second in MLB (behind Aaron Judge) in longballs over the last four years.

Cincinnati doesn’t have anyone locked into the everyday DH role. They’ll probably want to give 22-year-old Sal Stewart more time to see if he can be a serviceable defender at first base. Spencer Steer could play left field more frequently or simply be shopped in trade if the Reds were to add Schwarber (or Pete Alonso, a long speculated potential fit).

While it’s a clear fit from a roster perspective, it’d require an unusually bold commitment from ownership. Schwarber is expected to handily surpass a $100MM guarantee and could land $30MM+ annually. The Reds have given out two nine-figure contracts in franchise history: $225MM for Joey Votto and $105MM to Homer Bailey. Those were both extensions. Their largest free agent deals were the matching four-year, $64MM terms to Nick Castellanos and Mike Moustakas. Those $16MM average annual values were the most for any multi-year free agent signing. Schwarber might require twice that amount.

President of baseball operations Nick Krall said last month that the Reds expect to run a similar payroll to this past season’s level. They opened ’25 with a payroll around $116MM. They have around $40MM in guaranteed contracts but have a hefty arbitration class that MLBTR contributor Matt Swartz projects to cost roughly $45MM.

Filling out the roster with players making the league minimum would leave them with roughly $20-25MM to spend. They’ll certainly add a bat of some significance, but a Schwarber signing might require ownership to push the budget beyond where they seemingly prefer to set it. The other option would be to shed money from the arbitration class by shopping one or more of Brady Singer ($11.9MM projection), Tyler Stephenson ($6.4MM), Gavin Lux ($5MM), TJ Friedl ($4.9MM), Nick Lodolo ($4.3MM) or Steer ($4.5MM).

In a less obvious connection, Jon Morosi of The MLB Network relayed this morning that the Giants have also been in contact with Schwarber’s camp. That’s a much more difficult fit from a roster perspective. San Francisco has Rafael Devers under contract through 2033. Even if they’re confident he’ll be a capable everyday first baseman, they’d need at-bats at designated hitter for top first base prospect Bryce Eldridge. There’s an argument for the Giants to bring in a short-term first baseman/DH to give the 21-year-old Eldridge more time in Triple-A, but that wouldn’t apply to a four- or five-year contract for Schwarber.

The Giants presumably wouldn’t have any interest in using Schwarber as an everyday outfielder. There’d only be any kind of fit if they trade Eldridge for a starter. They’ve already downplayed their desire to make a nine-figure commitment to a starter despite calling pitching their top priority. It’d be a huge surprise if they committed that kind of money to a DH.

Schwarber rejected a qualifying offer, so whichever team signs him will forfeit draft compensation. Philadelphia has made no secret of their desire to bring him back. The Orioles and Red Sox are both in the market for an impact bat and have shown interest, while the Pirates have been mentioned as an extreme long shot after making an unsuccessful attempt to lure Josh Naylor away from Seattle.