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Reds Rumors

MLB To Take Over Reds’ Broadcasts In 2025

By Darragh McDonald | November 14, 2024 at 1:15pm CDT

MLB announced today that it will take over the distribution of local broadcasts for the Reds in 2025. Fans of the club will still be able to watch on television as they have in the past but there will also be a direct-to-consumer streaming option with no blackouts.

Largely due to cord cutting, the regional sports network (RSN) model has been collapsing in recent years. Several clubs have seen their TV deals dropped or expire without being renewed. In some of those cases, Major League Baseball has stepped in to keep things running more or less as before, keeping those teams on TV while also adding the streaming option.

In 2024, MLB handled the broadcasts of the Padres, Diamondbacks and Rockies. Fans of those clubs who watched them on cable could continue to do so, but it was also possible for people without cable subscriptions to simply pay for the ability to stream the games directly without blackouts for $19.99 per month or $99.99 for the year.

Two of those clubs (San Diego and Arizona) were previously with Diamond Sports Group, the owners of the FanDuel Sports networks, which were previously under the Bally Sports brand. DSG filed for bankruptcy in March of 2023 and it was reported earlier today that they will be able to emerge from the bankruptcy process, though with their portfolio reduced to just six teams.

In early October, it was reported that DSG planned to cut ties with all but one club, the Atlanta Braves. They were open to new deals with other clubs, but with the fees renegotiated down to lower levels. MLB announced shortly thereafter that it would be taking over the broadcasts of the Twins, Guardians and Brewers, bringing them up to six clubs for whom they were handling the broadcasting.

The Cardinals, Marlins, Angels, Tigers, and Rays subsequently agreed to new deals with DSG, giving them the rights for six clubs going into 2025. But it was reported earlier this week that the Reds could not come to terms with DSG on a new deal. Today’s announcement revealed that they will go with MLB, so the league is now handling the broadcasts of seven clubs.

For fans, the biggest change is the streaming option. The league has been streaming games for years through MLB.TV, but fans were blacked out from watching clubs in their area as part of those RSN deals. Watching the club on cable was previously the only legal option but streaming is now on the table as well. Details and pricing of the streaming option will surely be forthcoming in the coming weeks and months.

For the club, it’s probably not good news in the short term. The RSN model was a solid source of revenue for a long time, as many people signed up for cable packages even if they didn’t watch baseball. The Reds reportedly got about $60MM annually as part of their deal with DSG. The direct-to-consumer streaming option cuts out the middleman but also requires fans to actively sign up, cutting out the passive part of the cable money.

Perhaps the streaming model will gain momentum over time but the short-term impact has clearly been negative for clubs. The Padres and Twins have already scaled back payroll while the Cardinals and Rangers are planning to do so for the coming season. How the Reds proceed will remain to be seen. RosterResource projects them for a $79MM payroll next year, $21MM below last year’s $100MM figure.

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Cincinnati Reds Diamond Sports Group Newsstand

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Reds Hire Brad Mills As Bench Coach

By Darragh McDonald | November 12, 2024 at 5:40pm CDT

The Reds announced today the coaching staff that will be working under new manager Terry Francona. One new hire that was not previously reported is Brad Mills in the bench coach position. Freddie Benavides, who got Cincinnati’s bench coach gig going into 2019, is listed today as bench coach/field coordinator.

Mills, 68 in January, is a familiar face for Cincinnati’s new skipper. Francona managed in Philadelphia from 1997 to 2000, in Boston from 2004 to 2011 and then Cleveland from 2013 to 2023. Mills was first base coach for the Phillies during those years and bench coach for the Red Sox during most of Francona’s time there. Mills left to manage the Astros from 2010 to 2012, but then reunited with Francona in Cleveland in 2013.

He started his Cleveland tenure as third base coach but moved to bench coach in 2014. He stayed in that role through 2019 but then sat out the 2020 season, which was played in the early days of the COVID-19 pandemic, but Gordon Wittenmyer of the Cincinnati Enquirer reports that Mills actually stepped away from the game due to the tragic drowning of his 18-month-old grandson. For the 2021 season, Mills was reassigned to some unspecified non-coaching role with Cleveland, so this will be his first stint in the dugout in many years.

Francona himself was away from baseball in 2024 as he focused on his health. He will return in 2025 by taking over the managerial job for the Reds and has filled in the staff with some old friends. Chris Valaika had been the hitting coach in Cleveland from 2022 to 2024 but was whisked away to Cincinnati last month. Now Mills will be brought in to return to Francona’s side, with Benavides also sticking around, though perhaps in an altered role.

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Cincinnati Reds Brad Mills Freddie Benavides

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Angels Reach New Broadcast Deal With Diamond Sports Group

By Anthony Franco | November 11, 2024 at 9:46pm CDT

November 11: The Angels’ deal with Diamond is a three-year contract, reports Bill Shaikin of the Los Angeles Times.

November 9: The Angels reached a local broadcasting/streaming contract with Diamond Sports Group yesterday, reports Jeff Fletcher of the Orange County Register. The team will remain on the FanDuel Sports Network, the same organization that previously operated under the Bally Sports name. The Angels have not made an official announcement.

Terms of the deal remain unreported. For fans, the biggest development is the introduction of the streaming agreement. Fans in the Anaheim area can access Halos games on the FanDuel Sports app even if they don’t have a television provider that carries the network. The Cardinals reached a similar arrangement, which should dramatically reduce the number of blackouts, with Diamond earlier this week.

Diamond abandoned 11 of its 12 existing TV deals last month. They’ve renegotiated new terms with the Marlins, Cardinals and Angels. Diamond plans to honor its initial arrangement with the Braves. It’ll carry at least four teams next season. The Twins, Guardians and Brewers have announced that they’ll allow MLB to handle in-market broadcasts. The Rangers are still exploring options but do not intend to renegotiate with Diamond.

The Reds are taking that path as well. The Cincinnati franchise revealed in court on Friday that it was unable to come to terms with Diamond (link via Evan Drellich of the Athletic). The Reds gave up their stake in what had been a joint venture with Diamond covering FanDuel Sports Network Ohio. They’ll look for other arrangements. The Rays, Royals and Tigers remain in limbo and could still hammer out new contracts.

That all presupposes that Diamond continues to exist. The corporation still needs approval from the bankruptcy court to embark on a reorganization plan at all. The confirmation hearing is set for next Thursday and Friday. MLB and the Braves leveled formal objections yesterday, expressing their belief that Diamond has “a substantial likelihood” of going under again if the court approves reorganization. In the event the court overrules those objections, the Angels will be back on FanDuel Sports Network for at least another season.

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Cincinnati Reds Diamond Sports Group Los Angeles Angels Television

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Reds Sign Alex Jackson To Minor League Contract

By Mark Polishuk | November 9, 2024 at 1:45pm CDT

The Reds signed catcher Alex Jackson to a minors deal, as per Jackson’s MLB.com profile page.  While not specified, the contract presumably includes an invitation for Jackson to attend Cincinnati’s big league spring camp.  Jackson chose to become a minor league free agent last month after he was outrighted off the Rays’ 40-man roster in September.

A veteran of five Major League seasons, Jackson’s 58 games and 155 plate appearances last year represented a new career high for the backstop, though he did very little with the opportunity.  Jackson hit only .122/.201/.237 over those 155 PA, with his 29 wRC+ was a whopping 71 percent below the league-average 100 wRC+ threshold.  These numbers essentially matched Jackson’s career .132/.224/.232 slash line in 340 PA with the Rays, Brewers, Marlins, and Braves.

It has been something of an unexpected career arc for Jackson, whose was seen as something of a hit-first catcher when the Mariners selected him sixth overall in the 2014 draft.  Jackson instead morphed into a quality defensive backstop who has simply been unable to hit big league pitching.  The Rays were content enough with Jackson’s defense to give him semi-regular playing time in 2024, but finally moved on by removing him from their 40-man roster in September.

Cincinnati declined its club option on Luke Maile and Austin Wynns became a minor league free agency after the season, leaving the Reds in sore need for a backup catcher to spell starter Tyler Stephenson.  Jackson and Stephenson are the only catchers in the organization with any MLB experience, and it is likely the Reds will bring in one or two more catchers to compete with Jackson in Spring Training.

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Cincinnati Reds Transactions Alex Jackson

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13 Players Receive Qualifying Offers

By Darragh McDonald | November 4, 2024 at 4:12pm CDT

Today is the deadline for teams to decide whether or not to issue qualifying offers to eligible players. Per Jeff Passan of ESPN on X, 13 players have received the QO and they are:

  • Juan Soto (Yankees)
  • Corbin Burnes (Orioles)
  • Alex Bregman (Astros)
  • Max Fried (Braves)
  • Willy Adames (Brewers)
  • Pete Alonso (Mets)
  • Anthony Santander (Orioles)
  • Teoscar Hernández (Dodgers)
  • Nick Pivetta (Red Sox)
  • Christian Walker (Diamondbacks)
  • Sean Manaea (Mets)
  • Luis Severino (Mets)
  • Nick Martinez (Reds)

As a recap, the qualifying offer system was created in the name of competitive balance, allowing clubs to receive compensation if key players depart via free agency. The value changes from year to year as it is the average of the salaries of the 125 highest-paid players in the league. This year’s QO is valued at $21.05MM.

If the player rejects the QO and signs elsewhere, his previous team receives draft compensation while his new club is subject to draft pick forfeiture and sometimes international bonus penalties as well. MLBTR has previously covered what each team’s compensation and penalties would be.

Players have until 3pm Central on November 19 to decide whether to accept or not. In that time, they are free to negotiate with other clubs just like all other free agents, assessing their options before making a decision.

Most of the players on this list are not surprising. Many of them have enough earning power where it was obvious that they would receive a QO and they have an easy decision to reject it while going on to pursue larger guarantees on multi-year deals. Some of the decisions were a bit more borderline and MLBTR took closer looks at those in separate posts, including Martinez, Pivetta and Severino/Manaea.

There were also some notable players who were candidates to receive a QO but ultimately didn’t. MLBTR recently took a look at the pitchers and position players with a chance at receiving a QO. Michael Wacha was listed as a possibility but that came off the table when he and the Royals agreed to a new deal yesterday. Shane Bieber of the Guardians, Jeff Hoffman of the Phillies, Paul Goldschmidt of the Cardinals, Tyler O’Neill of the Red Sox, Gleyber Torres of the Yankees, as well as Ha-Seong Kim and Jurickson Profar of the Padres were all identified as long shots to receive a QO and ultimately none of them did.

Clubs generally don’t want to lose draft picks or be subject to the other associated penalties. As such, receiving a QO can sometimes have a negative impact on a player’s prospects in free agency, though it won’t be a significant factor for the top guys.

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Arizona Diamondbacks Atlanta Braves Baltimore Orioles Boston Red Sox Cincinnati Reds Houston Astros Los Angeles Dodgers Milwaukee Brewers New York Mets New York Yankees Newsstand Transactions Alex Bregman Anthony Santander Christian Walker Corbin Burnes Juan Soto Luis Severino Max Fried Nick Martinez Nick Pivetta Pete Alonso Sean Manaea Teoscar Hernandez Willy Adames

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Reds Issue Qualifying Offer To Nick Martinez

By Anthony Franco | November 4, 2024 at 3:07pm CDT

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 than risk losing him for nothing, Cincinnati made the surprising call to issue the QO. Martinez and his representatives at the Boras Corporation have until November 19 to explore the market before deciding whether to lock in what would easily be the highest salary of his career.

Martinez had an excellent first season in Cincinnati. The Reds signed him to a two-year, $26MM free agent deal. Martinez had pitched well over two seasons in a swing role with the Padres. He pitched in the same capacity for the Reds, starting 16 of 42 appearances. He logged a career-best 142 1/3 innings with a 3.10 earned run average. He has allowed fewer than 3.50 earned runs per nine in all three seasons since returning from Japan during the 2021-22 offseason. Martinez showed pristine control (3.2% walk percentage) and did a fantastic job avoiding hard contact. That mitigated concerns about how he’d adjust to hitter-friendly Great American Ball Park.

Strong as that production was, the QO is a gamble for a team that doesn’t run huge payrolls. Martinez is headed into his age-34 season and would likely be limited to a three-year deal even if he weren’t attached to draft compensation. There looks to be a good chance he accepts the offer. The Reds spent around $90MM on player payroll this past season. If they end up a similar range in 2025, Martinez’s salary would account for upwards of a fifth of their spending.

That’s a lot to commit to a swingman, though it’d be more reasonable if the Reds wanted to give Martinez a full-time rotation job. He has been better out of the bullpen, as one would expect, though he was quite good in either role. Martinez posted a 3.84 ERA with a 19.1% strikeout rate out of the rotation. He turned in a sparkling 1.86 mark while fanning 22.5% of opponents across 53 1/3 relief innings.

The QO qualifies as a major league free agent contract. Article XX(b) free agents like Martinez gain full no-trade rights until June 15 of the following season, so the Reds couldn’t deal him this offseason without his consent if he accepts the offer. Cincinnati wouldn’t have made the offer if they weren’t prepared to welcome him back at that price.

If Martinez finds a robust market and is still able to land a notable multi-year contract, the Reds position themselves to land draft compensation. In the unexpected event that Martinez lands a $50MM+ deal elsewhere, Cincinnati would get a pick after the end of the first round in 2025. The likelier outcome is that a contract would be for less than $50MM, entitling the Reds to a pick between the end of Competitive Balance Round B and the start of the third round. Another team would forfeit draft pick(s) and potentially international signing bonus space to add Martinez. The penalties vary depending on the signing team’s revenue sharing status.

Image courtesy of Imagn.

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Cincinnati Reds Newsstand Transactions Nick Martinez

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12 Players Elect Free Agency

By Mark Polishuk and Nick Deeds | November 3, 2024 at 8:17am CDT

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 during the year and have the requisite service time and/or multiple career outrights necessary to reach free agency since they weren’t added back to teams’ rosters.

Electing free agency is the anticipated outcome for these players. There’ll surely be more to test the market in the coming weeks. We’ll offer periodic updates at MLBTR. These transactions are all reflected on the MiLB.com or MLB.com logs unless otherwise stated.

Infielders

  • Jose Barrero (Rangers)*
  • Bobby Dalbec (Red Sox)*
  • Kevin Smith (Yankees)
  • Jamie Westbrook (Red Sox)*

Pitchers

  • David Buchanan (Reds)
  • Shintaro Fujinami (Mets)
  • Brad Keller (Red Sox)*
  • Josh Maciejewski (Yankees)
  • Darren McCaughan (Marlins)
  • Anthony Misiewicz (Yankees)
  • Nick Ramirez (Dodgers)
  • Naoyuki Uwasawa (Red Sox)

* Chris Cotillo of MassLive reported that Dalbec, Westbrook, and Keller have elected free agency. Francys Romero reported that Barrero has elected free agency.

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Boston Red Sox Cincinnati Reds Los Angeles Dodgers Miami Marlins New York Yankees Texas Rangers Transactions Anthony Misiewicz Bobby Dalbec Brad Keller Darren McCaughan David Buchanan Jamie Westbrook Jose Barrero Josh Maciejewski Kevin Smith Naoyuki Uwasawa Nick Ramirez Shintaro Fujinami

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Emilio Pagan Exercises Player Option With Reds

By Mark Polishuk | November 2, 2024 at 10:29am CDT

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 just short of three months of the 2024 season due to a lat strain.  The injury limited to Pagan to 38 innings in as many appearances, marking the lowest career total in either category for Pagan during any of his seven regulation-length MLB seasons (Pagan tossed 22 innings in 22 games during the pandemic-shortened 2020 campaign).

Pagan’s first season in Cincinnati saw him post a 4.50 ERA, but a much more impressive 3.19 SIERA.  An inflated .351 BABIP undermined some solidly above-average strikeout (28.1%) and walk (7%) rates, though Pagan did allow a lot of hard contact.  Even with this favorable set of advanced metrics, it makes a lot of sense that the 33-year-old Pagan would prefer to lock in $7.75MM of extra guaranteed salary rather than test the market on the heels of what he surely views as a middling platform year.

Pagan’s bottom-line results haven’t always been consistent, though he isn’t far removed from a strong 2023 campaign (with the Twins) that helped him land that $16MM deal in the first place.  It isn’t a coincidence that Pagan’s 2023 season included by far the lowest home run rate (5.3%) of his career, as the righty has long had difficulty in keeping the ball in the park.  Those issues returned with a 12.5% homer rate in 2024, just slightly bettering his 12.8% career mark.

With Pagan returning and Brent Suter signed to a new contract, the Reds’ bullpen will have some familiar faces back, even if Buck Farmer and swingmen Nick Martinez and Jakob Junis are now all heading for free agency.  Getting Alexis Diaz back on track is surely the Reds’ top bullpen concern heading into 2025, though having Pagan stay healthy and deliver his usual type of innings-eating season will surely also help.

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Cincinnati Reds Transactions Emilio Pagan

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Nick Martinez Declines Player Option; Brent Suter Re-Signs New Deal With Reds

By Steve Adams and Darragh McDonald | November 1, 2024 at 5:55pm CDT

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. He’ll be guaranteed $2.25MM and the option is worth $3MM, MLB.com’s Mark Sheldon reports. Gordon Wittenmyer of the Cincinnati Enquirer adds that the Reds first paid the $500K buyout on Suter’s $3.5MM option for the upcoming season before re-signing him to the new terms.

Meanwhile, Cincinnati declined a $3.5MM option on catcher Luke Maile in favor of a $500K buyout, while right-hander Jakob Junis declined his end of an $8MM mutual option. He’ll be paid a $3MM buyout. Each of Martinez, Maile and Junis are now free agents.

Martinez, now 34, has shown a strong willingness to bet on himself when it comes to contracts. After pitching in Japan from 2018 to 2021, he has returned to North America and continually signed deals with opt-outs that he has triggered.

Going into 2022, he signed a four-year, $25.5MM deal with the Padres with the ability to opt-out after each season. He eventually triggered his first opt-out and re-signed with the Friars for 2023, a $26MM guarantee over three years with a convoluted club/player option structure. After the 2023 season, the Padres turned down a two-year, $32MM club option and then Martinez turned down his two-year, $16MM player option. He then signed a two-year, $26MM deal with the Reds that again allowed him to opt out after one season.

With the Padres before and with the Reds in 2024, Martinez oscillated between the rotation and bullpen. He got into 42 games this year, including 16 starts, tossing 142 1/3 innings with a 3.10 earned run average. His 20.4% strikeout rate was a bit below average but his 3.2% walk rate was elite. Among pitchers with at least 140 innings pitched this year, only George Kirby gave out free passes at a lower rate.

Both with the Padres and Reds, his results have been better out of the bullpen. This year, he had a 3.84 ERA as a starter but a 1.86 mark as a reliever. Whether he’ll be viewed as a reliever or starter will likely differ from club to club, but he should be able to top $12MM on the open market, making his decision to opt out a logical one.

Now the Reds will be able to issue him a qualifying offer and it has been suggested in some circles that they will consider it. Though Martinez is a solid contributor, it would be a bit of a surprise to see him offered a $21.05MM QO.

None of his previous contracts have had an average annual value higher than $13MM, so he would likely accept such an offer. The Reds have generally had payrolls just a bit above $100MM in most recent years, per Cot’s Baseball Contracts, so Martinez accepting the QO would take up something approaching a fifth of their payroll. That’s a lot of money to commit to a swingman.

Suter, 35, has been a steady performer in the big leagues for close to a decade now. Debuting back in 2016, he now has a 3.45 ERA in over 500 career innings. He signed with the Reds in the offseason and gave them 65 2/3 innings with a 3.15 ERA. His strikeout rate wasn’t great but he demonstrated excellent control and his usual propensity for limiting damage. His average exit velocity and hard hit rate were both in the 96th percentile, according to Statcast.

His previous deal came with a $2.5MM salary for 2024 and a $500K buyout on a $3.5MM club option for 2025. As mentioned, the Reds gave him that buyout and worked out a new salary for the upcoming season, also securing a club option for ’26.

Maile doesn’t hit much but has a strong reputation as a defender and game-caller. That continued to be the case this year, as he slashed .178/.268/.252 but with solid work behind the plate.

The Reds are moving on today but could perhaps circle back to Maile at a lower price point. Tyler Stephenson is the only backstop on the 40-man roster now, so they will need to find a backup, whether that’s Maile or someone else.

Junis, 32, has generally had solid results in his career. However, his 2024 was largely held back by injury. He signed with the Brewers in the winter, a $7MM guarantee broken up into a $4MM salary and a $3MM option.

He went on the injured list early in the year due to a right shoulder impingement. His return from that injury was delayed when he was struck by a batted ball during BP. He eventually tossed 67 innings on the year with a 2.69 ERA, getting flipped from the Brewers to the Reds as part of the deadline deal that sent Frankie Montas to Milwaukee.

Going back to the start of 2021, Junis has thrown 304 1/3 innings with a 3.99 ERA, 22.6% strikeout rate and 5.2% walk rate and should be able to secure himself a solid deal in free agency.

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Cincinnati Reds Newsstand Transactions Brent Suter Jakob Junis Luke Maile Nick Martinez

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Marlins Claim Christian Roa

By Darragh McDonald | November 1, 2024 at 2:25pm CDT

The Marlins announced that they have claimed right-hander Christian Roa off waivers from the Reds. Christina De Nicola of MLB.com relayed the claim on X prior to the official announcement. The Fish also announced that right-handers Shaun Anderson, Darren McCaughan and Adam Oller as well as infielder/outfielder David Hensley have been outrighted to Triple-A Jacksonville. Oller is expected to elect free agency and pursue opportunities in Asia, per Ari Alexander of KPRC 2 on X.

Roa, 25, was on Cincinnati’s 60-day injured list but the IL goes away five days after the World Series. Rather than reinstating him to the 40-man roster, the Reds evidently tried to pass him through waivers but the Marlins grabbed him.

The righty was a second-round pick of the Reds and has been a notable prospect in the club’s system since then. He has racked up a fair number of strikeouts as a minor leaguer but also given out a large number of walks. He has thrown 318 2/3 innings in his minor league career with a 4.46 ERA, 27.4% strikeout rate and 14.3% walk rate.

He was added to Cincinnati’s 40-man roster a year ago to keep him out of the Rule 5 draft. He spent this year pitching in Triple-A with a 5.55 ERA. His walk rate was still high at 13.5% and his strikeouts dropped to a rate of 21.2%. In August, the Reds recalled him to the majors and added him to their 60-day IL with a right shoulder sprain in order to open up a 40-man roster spot.

The Marlins will take a shot on him and see if they can help him rein in that control a bit. Roa still has two more option seasons and less than a year of service time. For a rebuilding club like the Marlins, they can take their time and see if the Roa project can bear some fruit for them down the line.

The four outrighted players were all fairly recent additions to the Miami roster. The club suffered a high number of injuries in 2024 and was often grabbing players from everywhere in order to keep the roster filled as they played out the string on the campaign.

Anderson was designated for assignment by the Rangers at the end of May and got flipped to the Marlins for cash. He posted an 8.27 ERA in 16 1/3 innings for the Fish after that. McCaughan was claimed off waivers from the Guardians in July and went on to throw 36 innings for Miami with a 5.75 ERA. Oller signed a minor league deal with the club in July, later having his contract selected to throw 42 1/3 innings with a 5.31 ERA. Hensley was claimed off waivers from the Astros at the end of July and then hit .212/.293/.288 in 23 games as a Marlin.

The three pitchers have previous career outrights and therefore have the right to elect free agency. This is Hensley’s first outright but she should have the right to elect minor league free agency as a player with seven years on the farm.

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Cincinnati Reds Miami Marlins Transactions Adam Oller Christian Roa Darren McCaughan David Hensley Shaun Anderson

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