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Reds Decline Club Options On Joey Votto, Curt Casali

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The Reds announced that they have declined their club options on first baseman Joey Votto and catcher Curt Casali for the 2024 season.  Votto will receive a $7MM buyout instead of the $20MM he would’ve received in 2024 salary, while Casali will receive a $750K buyout since the Reds turned down their end of a $4MM mutual option.

President of baseball options Nick Krall released a statement in regards to Votto, in a nod to the longtime star’s status in team history: “For 17 seasons, Joey has been the heart of Reds baseball as a Most Valuable Player, All-Star and respected clubhouse leader.  His contributions to our team and his extraordinary generosity toward those in need, throughout our region and beyond, cannot be measured.  At this point of the offseason, based on our current roster and projected plans for 2024, as an organization we cannot commit to the playing time Joey deserves.  He forever will be part of the Reds’ family, and at the appropriate time we will thank and honor him as one of the greatest baseball players of this or any generation.”

A second-round pick for the Reds in the 2002 draft, Votto has spent his entire pro career in the Cincinnati organization, amassing an outstanding resume that includes six All-Star nods and the 2010 NL MVP Award.  Votto’s emergence as a superstar inspired the Reds to sign the first baseman to what is still the largest contract in franchise history — a ten-year, $225MM extension covering the 2014-23 seasons, with that $20MM club option attached for 2024.

As Votto aged and his performance started to dip, it was generally expected that the Reds would buy out the option year, particularly as the team started to cut costs in the wake of the pandemic and entered another mini-rebuild phase.  Votto did return to form with an excellent 2021 season, but shoulder problems impacted his performance and kept him off the field for large portions of both the 2022 and 2023 seasons, as Votto has played in only 156 of a possible 324 games over the last two years.

The Reds’ surplus of young and talented position players also left Votto in something of a crunch for playing time.  Spencer Steer and Christian Encarnacion-Strand might already have the first base and DH positions spoken for in 2024, and if Steer is used at third base or in the corner outfield, Cincinnati might need that open DH spot to find at-bats for any of Jonathan India, Elly De La Cruz, Matt McLain, Noelvi Marte, Tyler Stephenson, TJ Friedl, Jake Fraley, or Will Benson when those players aren’t in the field.

This roster depth was probably as much of an impediment to a Votto return as the $13MM difference in salary.  Re-signing Votto to a less-expensive contract might not be in the cards for the Reds given how Krall’s statement seemed to carry an air of finality about Votto’s spectacular tenure with the team.  The 40-year-old Votto had floated the idea of retirement in the past, but he stated last month that he wants to play in “at least” the 2024 season and possibly beyond.

Despite Votto’s age, injury history, and modest (95 wRC+) production over the last two seasons, it seems likely that he’ll get that chance to continue his career.  Votto has a great reputation as a clubhouse mentor, and several teams in need of DH or first base help could be interested in seeing what the veteran has left to contribute on the field.  There has already been speculation in Votto’s hometown of Toronto that the Blue Jays might view Votto as a replacement for another left-handed hitting first baseman/DH in Brandon Belt, who is entering free agency.

Casali signed a one-year deal worth $3.25MM in guaranteed money last winter, as the Reds bolstered their catching ranks beyond Stephenson and Luke Maile.  The team’s idea was to give Stephenson a good chunk of time at first base and DH in order to keep him healthy, with Casali and Maile picking up that additional slack behind the plate.  The experiment didn’t really pan out, as Stephenson had an underwhelming year at the plate and Casali didn’t play after July 18 due to a foot contusion that wound up ending his season.

Casali (who turns 35 this week) had only a .490 OPS over 96 plate appearances in 2023.  A veteran of 10 MLB seasons, Casali will enter free agency looking to catch on another team, though he’ll very likely have to settle for a minor league pact.

Reds Re-Sign Tony Santillan To Minors Deal

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The Reds announced earlier this evening that the club has re-signed right-hander Tony Santillan to the a minor-league contract. The deal includes an invitation to Spring Training in 2024. Santillan, 26, was designated for assignment by the club back in August and outrighted back in September.

Santillan, a second-round pick by the Reds in the 2015 draft, began his career in the minor leagues as a full-time starter before converting into more of a swing role in 2021. Upon making his major league debut with Cincinnati that year, he made four starts alongside 22 relief appearances for a total of 43 1/3 innings of work. Santillan’s run prevention numbers were nothing short of excellent during that time, with a 2.91 ERA despite a mediocre 4.62 FIP. The solid performance earned Santillan a spot in the club’s Opening Day bullpen in 2022, though he managed just 19 1/3 innings of work before being sidelined with a low back strain for the remainder of the season, ending the year with a 5.49 ERA and 4.08 FIP.

That back injury carried into the 2023 campaign, leaving Santillan behind on his throwing program as he opened the season on the injured list. Santillan was eventually activated in July, though he ultimately made just three appearances with the Reds this year, throwing 3 1/3 innings with a 2.70 ERA while recording just one strikeout against one walk. Upon his demotion to Louisville, he struggled badly with a 7.88 ERA in 32 innings throughout the rest of the season.

Despite those brutal numbers in the minors to end his season, there’s certainly reason to believe Santillan could be a solid bullpen piece for the club in 2024 given his previous big league success and relative youth. With such a lengthy injury history since making his major league debut, Santillan enters the 2024 campaign as something of an unknown commodity but figures to compete for a spot in the club’s bullpen alongside established relievers like Alexis Diaz, Lucas Sims, and Sam Moll. After a surprisingly competitive 2023 campaign in Cincinnati, the club could look to upgrade their bullpen this offseason after the club’s relief corps posted a middle-of-the-pack 4.11 ERA this past season. Though Santillan’s return is unlikely to move the needle much in terms of impact, it shores up the club’s bullpen depth with a young arm who could be a solid middle reliever if he can recapture his 2021 form.

Reds Claim Bubba Thompson From Royals

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The Royals announced that outfielder Bubba Thompson has been claimed off waivers by the Reds and that left-hander Taylor Hearn cleared waivers and elected free agency.

The Royals have been trying to trim down their roster before the offseason. Players on the 60-day injured list don’t take up a spot on the 40-man, but the IL goes away between the World Series and Spring Training, which can lead to a squeeze. Yesterday, they outrighted catcher Tyler Cropley and lost left-hander Tucker Davidson off waivers to the Orioles. Today’s moves clear a couple more spots but they are still slated to be at 41 once the offseason begins.

Thompson, 25, just came over to the Royals via a waiver claim in August, having previously spent his entire career with the Rangers. He’s a speed-and-defense specialist but his work at the plate isn’t quite as strong. He received 241 plate appearances with the Rangers over the past two seasons but hit just .242/.286/.305 in those. Between the Rangers and Royals organizations, he hit .259/.338/.395 in 302 Triple-A plate appearances this year, a line that translates to a wRC+ of 82. He has had some better results in past minor league seasons, but often with high strikeouts and few walks.

His speed does seem to be elite, however. He racks up double-digits steals with ease, including 31 last year between the majors and minors. On Statcast’s Sprint Speed leaderboard, he trailed only Elly De La Cruz and Bobby Witt Jr. in 2023. At worst, it seems like Thompson can serve as a speedy fourth outfielder, while any step forward at the plate would only increase his value. He is still optionable, meaning he can be sent to the minors to get regular reps if the Reds so choose.

Hearn, 29, also spent most of his career with the Rangers prior to 2023. He served as a solid swingman in Texas over 2021 and 2022 as the club wasn’t competitive. He tossed a combined 204 1/3 innings over those two campaigns with a 4.89 earned run average. He struggled in 2023, eventually going to Atlanta in a cash deal, then to Kansas City in exchange for infielder Nicky Lopez. He tossed 15 innings on the year between those three clubs with an ERA of 11.40 in that small sample.

The lefty has more than three years of service time, giving him the right to elect free agency rather than accept an outright assignment. His rough 2023 results in the majors obviously limit his appeal, but he was much better in Triple-A. Between the Rangers and Royals, he tossed 54 innings at that level in 2023 with a 3.33 ERA and 30.9% strikeout rate, though the 13.4% walk rate is concerning.

Nick Krall Discusses Upcoming Reds Offseason

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Reds GM Nick Krall spoke with reporters recently during the club’s end-of-season press conference, including Mark Sheldon of MLB.com and Charlie Goldsmith of the Cincinnati Enquirer. The presser covered a wide array of topics from the club’s offseason plans and budget, to a retrospective on Cincinnati’s inaction at the trade deadline this year, to the club’s impending club option decision on future Hall of Famer Joey Votto.

Regarding the trade deadline, Krall stood firm on his decision to largely stand pat this summer, only adding left-handed reliever Sam Moll to a club that was in first place in the NL Central on deadline day but wound up with a record of just 82-80 on the season after going just 23-31 after the calendar flipped to August. Starting pitching was by far the club’s biggest unfilled need, as they sported an MLB-worst rotation ERA of 5.91 following the trade deadline.

When asked about the club’s inaction, Krall noted that rival teams set exorbitant asking prices involving players who contributed to the major league roster this season. As relayed by Sheldon, Krall indicated that right-hander Connor Phillips, infielders Matt McLain and Spencer Steer, first baseman Christian Encarnacion-Strand and left-hander Andrew Abbott were all checked in upon by rival clubs this past summer, with Abbott in particular being the requested return for a rental player.

Looking ahead to the offseason, the Reds have a glut of position players between which they’ll need to sort through, to say nothing of potential external additions or the looming decision on Votto. On the infield, the club sports McLain, Steer, Encarnacion-Strand, Noelvi Marte, Elly De La Cruz, and Jonathan India all in need of regular at-bats. Meanwhile, the outfield picture features Jake Fraley, TJ Friedl, Stuart Fairchild, and Will Benson. Nick Senzel is another piece of the puzzle with experience in both the infield and the outfield, but he appears to be a candidate for a trade or non-tender after another weak offensive season where he slashed just .236/.297/.399 in 330 trips to the plate.

Krall made clear that the club hasn’t discussed moving either India or De La Cruz to the outfield as a potential way to clear the infield logjam. He did note, however, that Steer played well in the outfield corners across 38 starts at the positions this season, leaving the door open to more time spent on the grass in 2024. Of course, installing Steer as a regular outfielder would cut into the playing time available for Friedl, Fraley, Fairchild, and Benson. That’s particularly true of Fraley and Benson, both of whom were largely limited to the outfield corners and DH this season with little to no reps in center. However the club ultimately sorts out playing time for their wealth of young players, Krall made clear that manager David Bell will return in 2024- hardly a surprise after the club extended him earlier this year- and that he’ll retain his entire coaching staff for next season, as well.

Regarding Votto, Krall indicated that the club hasn’t yet discussed whether or not to pick up his $20MM club option for 2024. The option is effectively a $13MM decision given the $7MM buyout Votto stands to be paid if the option is declined. The decision on Votto is due five days after the World Series. In discussing Votto’s option, Krall revealed that the organization has yet to determine the club’s baseball operations budget for 2024, with meetings regarding the topic scheduled for next week. That said, the club’s unsettled budget situation hasn’t stopped the Reds from broaching the topic of extensions with some of their young players, as Krall noting that more pre-arbitration extensions in the vein of the one right-hander Hunter Greene inked earlier this year were a “possibility.”

The Cincinnati Enquirer’s Gordon Wittenmyer adds that a major stumbling block for the sides is how much playing time will be available to Votto next year. Even in moving Steer to the outfield full-time, the Reds would have five infielders in need of regular playing time next season on top of the crowded outfield mix. Offseason trades could help clear the positional logjam, of course, but the sort of trades available to the Reds this offseason, much like their impending decision on Votto, would be impacted by the club’s budget for next season. Wittenmyer adds that Brandon Belt’s impending departure for Votto’s hometown Blue Jays could add another wrinkle for the sides, as he describes Toronto as “the one franchise besides the Reds that would benefit from significant marquee name value from Votto beyond baseball performance.”

Reds Re-Sign Luke Maile

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The Reds have re-signed catcher Luke Maile to a one-year contract with a club option for 2025, the team announced. Maile is guaranteed $3.5MM on the new deal (per Mark Sheldon of MLB.com).

Maile, now 32, was signed by the Reds a little less than a year ago, inking a one-year deal with a $1.175MM guarantee in November. The club also nabbed Curt Casali in the same offseason, hoping that a three-catcher system would keep Tyler Stephenson healthy all year by allowing him to spend some time at first base and designated hitter.

That plan worked insofar as Stephenson stayed healthy enough to play 142 games compared to just 50 in 2022, though his production didn’t cooperate. Stephenson had hit a strong .319/.372/.482 in 2022 but fell to .243/.317/.378 in 2023, his wRC+ going from 135 to 85.

Maile’s offensive production was fairly similar this year, as he hit .235/.308/.391 in his 199 plate appearances, but he brought a strong defensive reputation to the club. Defensive Runs Saved has never tagged him with a negative number and his +1 this year pushed his career tally to +22. Pitch framing metrics have soured on him a bit in recent years but he still has positive grades there for his career as a whole. He rated as above-average on Statcast’s blocking leaderboard and throwing leaderboard this year.

Perhaps more importantly than the metrics, it seems Maile was a good fit on the club, a key trait for catchers as they need to have a working relationship with everyone on the pitching staff. “He was great with all of our guys,” Reds president of baseball operations Nick Krall said today, as relayed by Mark Sheldon of MLB.com. “Staff loved him, players loved him. He was a really good fit. He’s a tremendous guy.” Krall added: “He’s a guy our pitchers were comfortable with, our coaches were comfortable with,” he said. “We loved having him this year. It was a pretty easy decision.”

Maile was set to become a free agent in a couple of weeks but it seems the club liked him enough to prevent that from happening. The $3.5MM guarantee is roughly triple what he got at this time a year ago but is still a perfectly reasonable salary for a solid backup catcher.

The catching options on the free agent market aren’t amazing and the Reds have bigger needs on the roster, particularly the pitching staff, so their best seems to be to give Stephenson a chance to get back on track in 2024. He will qualify for arbitration for the first time but will still be affordable and have the potential upside he has shown previously.

Both Maile and Casali were set to become free agents, the latter having a 2024 mutual options with the Reds. Mutual options are rarely picked up by both sides and Casali hit a dismal .175/.290/.200 in 2023. It seems fair to expect the club will move on from him and go with the Stephenson-Maile pairing next year.

There is still the possibility that they add a third catcher to keep Stephenson fresh again, though that plan will be a little more challenging next year. The club graduated a large number of position player prospects in 2023, which means their first base and designated hitter slots are far more crowded now compared to a year ago. Even if Joey Votto isn’t back next year, they will likely have Christian Encarnacion-Strand and Spencer Steer taking time at first, with Elly De La Cruz and Noelvi Marte perhaps squeezed into DH duty by the presence of Matt McLain and Jonathan India in the middle infield. This squeeze already affected Stephenson in 2023, as he got plenty of starts at DH in the first half of the season but just one after July 6.

Reds Notes: Graupe, Coaching Staff, Deadline Approach, Fraley

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The Reds are promoting Jeff Graupe from vice president of player acquisition/strategy to assistant general manager, reports C. Trent Rosecrans of the Athletic (X link). He joins Sam Grossman as holders of the AGM title. Graupe receives the bump a few weeks after the promotion of Brad Meador from AGM to general manager, a move that solidified Meador as the #2 in the front office hierarchy behind president of baseball operations Nick Krall.

Graupe has been working in the organization in one role or another for the past 18 years. He’d also served as senior director of player personnel and senior director of player development before holding his VP title.

The continuity in leadership extends to the coaching staff. Krall told Mark Sheldon of MLB.com (via X) that all of their coaches will return in 2024. David Bell will be back for a sixth season as manager. The 51-year-old skipper signed a midseason extension that keeps him under contract through 2026.

Krall also revisited the club’s quiet trade deadline. Asked by Gordon Wittenmyer of the Cincinnati Enquirer whether he feels in retrospect the front office should have done more to aid their playoff push, the front office head said he “(doesn’t) have any regrets not doing anything.” Krall added that he felt the asking price on impending free agents and/or “shorter-term assets” wasn’t prudent.

With a couple of Wild Card clubs playing in the NLCS, one can question the Reds’ deadline approach. Sitting in the top Wild Card spot at the end of July, Cincinnati only made one move, acquiring left-handed reliever Sam Moll from the A’s for right-hander Joe Boyle. It was surprising the front office didn’t add to the rotation, in particular, as Hunter Greene and Nick Lodolo were injured and the team was largely reliant on an inexperienced starting staff.

Cincinnati went 23-31 after the deadline, finishing two games out of a postseason berth. Whether the team’s fortunes would have been different had the Reds been more aggressive in July obviously can’t be known. (The D-Backs succeeded despite also coming up empty in their search for rotation help, although they did add closer Paul Sewald.) Krall and his staff are hopeful the progress shown this year lays the foundation for sustained success in 2024 and beyond.

In on-field news, left fielder Jake Fraley underwent surgery last week to repair a fractured toe on his left foot, relays Sheldon. Fraley had played through the injury and told reporters in August that he was going to require an offseason procedure. He’s expected to be full-go for Spring Training. The left-handed hitter put up a .256/.339/.443 line in 380 plate appearances this past season.

Reds Outright Ben Lively

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Right-handed pitcher Ben Lively has cleared waivers and been sent outright to Triple-A, the Reds announced on Wednesday. He does not have the necessary service time to reject the outright assignment immediately, but he will have the opportunity to elect minor league free agency following the conclusion of the World Series.

Lively is the sixth player the Reds have outrighted this offseason, following Vladimir Gutierrez, Alan Busenitz, Justin Dunn, Brett Kennedy, and Connor Overton. However, he is the most noteworthy of the outright decisions, having played a significant role for the major league club in 2023. The 31-year-old ranked sixth on the team with 88 2/3 innings pitched. Appearing in his first MLB season since 2019, Lively pitched in 19 games (12 starts), posting a poor 5.38 ERA but a more respectable 4.33 SIERA.

After three seasons in the KBO, Lively returned to MLB in 2022 on a minor-league deal with the Reds – the team that first drafted him back in 2014. He spent the season at Triple-A and re-upped with Cincinnati the following winter. Finally, in mid-May 2023, more than four years since he last threw a pitch in the majors, Lively had his contract selected by the big league team. Unfortunately, a couple of stints on the injured list interrupted his comeback season, and as evidenced by his inflated ERA, the righty never quite found his groove.

While his 2023 stat line isn’t overly impressive, Lively proved he can still eat innings at the major league level. On top of that, a few of his underlying metrics (3.16 K/BB, 4.42 xFIP) suggest he might be capable of a little more. Thus, he should have some suitors this winter, although he may have to settle for another minor league deal.

14 Players Elect Free Agency

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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, including a list of 29 players last week. The next group, courtesy of the transaction tracker at MiLB.com:

Catchers

Outfielders

Pitchers

Reds Outright Five Players

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The Reds announced this afternoon that right-handers Vladimir Gutierrez, Alan Busenitz, Justin Dunn, Brett Kennedy, and Connor Overton have all cleared waivers and been assigned outright to the minor leagues. None of the five had previously been announced as having been designated for assignment, though the quintet have all now been removed from the club’s 40-man roster.

Gutierrez, 28, missed the entire 2023 campaign after undergoing Tommy John surgery. He was a regular member of the Reds rotation during his 2021 rookie campaign, pitching to a roughly league average 4.74 ERA (99 ERA+) with a 5.76 FIP in 114 innings of work across 22 starts. Gutierrez struggled particularly badly down the stretch that season, with a 9.43 ERA and 7.17 FIP in his last six starts of the season. Prior to that awful stretch, Gutierrez had managed a 3.68 ERA and 4.78 FIP that gave him the look of a solid, back-of-the-rotation arm.

It was strong enough performance to earn Gutierrez a spot in the Cincinnati rotation to start his Sophomore campaign, though he struggled badly with a 7.71 ERA and 6.51 FIP in eight starts that saw him removed from the rotation at the end of May that year. Gutierrez made just two more appearances for the Reds in the big leagues that season before going under the knife in early July. Gutierrez eventually made it back onto a professional mound late in the 2023 season, though he struggled to an 8.31 ERA in 4 1/3 innings at the Triple-A level this year. Now that he’s off the club’s 40-man roster seems likely that Gutierrez, who is eligible for arbitration as a Super Two player this offseason, will enter free agency this offseason barring the Reds deciding to both add him back to the 40-man roster and tender him a contract.

Busenitz, 33, has the option to elect free agency rather than accept the outright assignment as a player who’s been outrighted previously in his career, and will qualify for minor league free agency next month regardless. A 25th-round pick by the Angels in the 2013 draft, Busenitz made his MLB debut with the Twins back in 2017, pitching out of the club’s bullpen for two seasons with a 4.58 ERA and 5.49 FIP before joining the Reds on a minor league deal this past offseason. Busenitz was shuttled on and off the club’s roster throughout the season, ultimately posting a strong 2.57 ERA across his six appearances.

Dunn, 28, was a first-round pick by the Mets in the 2016 draft before being shipped to the Mariners in a package that also featured Jarred Kelenic in exchange for Robinson Cano and Edwin Diaz. Dunn made his big league debut for the Mariners back in 2019 and pitched to a 3.94 ERA in 102 2/3 innings of work for the club over three seasons before being traded to Cincinnati in the deal that sent Jesse Winker to Seattle. Dunn struggled badly in 31 innings with the Reds last year, posting a 6.10 ERA in 31 innings before missing the entire 2023 campaign due to a shoulder issue that required surgery in September. Like Gutierrez, Dunn will be eligible for minor league free agency unless the Reds add him back to the 40-man roster and tender him a contract in the coming weeks.

Kennedy, 29, has been outrighted previously in his career, allowing him to elect free agency rather than accept an outright assignment. Like Busenitz, he figures to qualify for minor league free agency next month either way. Kennedy made his big league debut with the Padres in 2018 after the club selected him in the 11th round of the 2015 draft. He struggled to a 6.75 ERA in 26 2/3 innings with San Diego that year and didn’t receive another big league opportunity until this year, when he posted a 6.50 ERA across 18 innings with the Reds.

Overton, 30, has also been outrighted before in his career and will have the option to elect free agency rather than accept his outright assignment, with minor league free agency likely looming next month regardless of his decision. A 15th-round pick by the Marlins in the 2014 draft, Overton made his major league debut with the Blue Jays back in 2021 before being claimed off waivers by the Pirates that September, only to hit free agency after being outrighted off the roster that offseason. With a 4.70 ERA in 15 1/3 innings of work in his rookie season, Overton joined the Reds on a minor league deal and pitched well in 2022, with a 2.73 ERA in six appearances, including four starts. Things came off the rails for Overton in 2023, however, as he struggled to a 11.45 ERA in three starts with the Reds before ultimately undergoing Tommy John surgery back in May.

The Financial Case For The Reds To Keep Joey Votto

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  • Now that Joey Votto has said he wants to return next season, the question is whether or not the Reds will exercise their $20MM club option on Votto’s services, or buy out the option for $7MM.  In the view of Gordon Wittenmyer of the Cincinnati Enquirer, “the financial side of the decision on his option should be a no-brainer” given how Votto is worth more than $13MM as “a meaningful draw and revenue-enhancing player brand.”  Votto has become synonymous with Reds baseball on an international level, as Wittenmyer points out that Nike listed Votto 13th on their list of highest-selling jerseys.  With more revenue pouring into the Reds in terms of attendance and TV ratings, Wittenmyer feels it would be a misfire to let a franchise icon walk away, or even to give other teams a chance to negotiate in free agency.
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