Cincinnati Reds 2025 Financial Summary

A current summary of Cincinnati Reds 2025 player cap & cash figures.

SEASON
TEAM
 
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Total Tax

$140,867,693

Active Tax

$88,064,616

Projected Cash Payroll

$135,790,853 / 24th

2025 Active Roster

  Player (28) Pos Age Type Luxury Tax Luxury Tax % League CBT Cash Salary 2025 Free Agent Year
1
Martinez Nick Martinez RP 34
Qualifying Offer
$21,050,000 8.73% $21,050,000 2026
2
Singer Brady Singer SP 28
Arbitration 3
Super Two
$8,750,000 3.63% $8,750,000 2027
3
Pagan Emilio Pagan RP 34
Free Agent
$8,000,000 3.32% $8,200,000 2026
4
Greene Hunter Greene SP 25
Extension
Pre-Arbitration
$8,833,333 3.67% $6,000,000 2030
5
Stephenson Tyler Stephenson C 28
Arbitration 2
$4,925,000 2.04% $4,925,000 2027
6
Hays Austin Hays LF 29
Free Agent
$5,100,000 2.12% $4,100,000 2027
7
Trevino Jose Trevino C 32
Arbitration 3
$4,975,000 2.06% $3,425,000
8
Lux Gavin Lux LF 27
Arbitration 2
$3,325,000 1.38% $3,325,000 2027
9
Barlow Scott Barlow RP 32
Free Agent
$2,500,000 1.04% $1,500,000 2027
10
Suter Brent Suter RP 35
Free Agent
$2,700,000 1.12% $2,450,000 2027
11
Espinal Santiago Espinal 3B 30
Arbitration 3
Super Two
$2,400,000 1.00% $2,400,000
12
Hayes Ke'Bryan Hayes 3B 28
Extension
Pre-Arbitration
$2,822,581 1.17% $2,258,040 2031
13
Lodolo Nick Lodolo SP 27
Arbitration 1
$1,975,000 0.82% $1,975,000 2028
14
Littell Zack Littell SP 29
Arbitration 3
$1,814,427 0.75% $1,814,427 2026
15
Santillan Tony Santillan RP 28
Pre-Arbitration
$1,000,000 0.41% $1,000,000 2029
16
Andujar Miguel Andujar OF 30
Arbitration 4
$951,611 0.39% $951,611 2026
17
Steer Spencer Steer 1B 27
Pre-Arbitration
$780,000 0.32% $780,000 2029
18
Ashcraft Graham Ashcraft RP 27
Pre-Arbitration
$780,000 0.32% $780,000 2029
19
Friedl T.J. Friedl CF 29
Pre-Arbitration
$780,000 0.32% $780,000 2029
20
Marte Noelvi Marte 3B 23
Pre-Arbitration
$774,194 0.32% $774,194
21
De La Cruz Elly De La Cruz SS 23
Pre-Arbitration
$770,000 0.32% $770,000
22
McLain Matt McLain 2B 25
Pre-Arbitration
$770,000 0.32% $770,000
23
Abbott Andrew Abbott SP 26
Pre-Arbitration
$770,000 0.32% $770,000
24
Benson Will Benson RF 27
Pre-Arbitration
$543,440 0.23% $543,440 2029
25
Burns Chase Burns RP 22
Pre-Arbitration
$396,344 0.16% $396,344
26
Phillips Connor Phillips RP 24
Pre-Arbitration
$309,010 0.13% $309,010
27
Maxwell Zach Maxwell RP 24
Pre-Arbitration
$155,268 0.06% $155,268
28
Stewart Sal Stewart 3B 21
Pre-Arbitration
$114,408 0.05% $114,408

2025 Injured List

Salaries from players who have been placed on the injured list, still counting against the payroll.

  Player (7) Pos Age Type Luxury Tax Luxury Tax % League CBT Cash Salary 2025 Free Agent Year
1
Miley Wade Miley
60-DAY: ARM
SP 38
Free Agent
$1,752,581 - $1,932,581 2026
2
Gibaut Ian Gibaut
60-DAY: SHOULDER
RP 31
Free Agent
$1,300,000 - $1,300,000
3
Williamson Brandon Williamson
60-DAY: ELBOW (TOMMY JOHN)
SP 27
Pre-Arbitration
$770,000 - $770,000
4
Aguiar Julian Aguiar
60-DAY: ELBOW (TOMMY JOHN)
SP 24
Pre-Arbitration
$761,500 - $761,500
5
Lowder Rhett Lowder
60-DAY: ARM
SP 23
Pre-Arbitration
$761,500 - $761,500
6
Spiers Carson Spiers
60-DAY: SHOULDER
SP 27
Pre-Arbitration
$723,871 - $723,871
7
Callihan Tyler Callihan
60-DAY: ARM
2B 25
Pre-Arbitration
$621,075 - $621,075

2025 Dead Money

Leftover salaries from players who have been traded or released, or buyouts for declined options.

  Player (1) Pos Age Type Luxury Tax Luxury Tax % League CBT Cash Salary 2025
1
Junis Jake Junis
RP 32
Buyout
- - $3,000,000

2025 Retained

Cap breakdowns for players who have cap retained. All count against the team's payroll.

  Player (7) Pos Age Type Luxury Tax Luxury Tax % League CBT Cash Salary 2025 Free Agent Year
1
Candelario Jeimer Candelario
RELEASED
3B 31
Retained
$15,000,000 - $15,000,000
2
Rogers Taylor Rogers
RP 34
Retained
$4,064,516 - $4,064,516
3
Fraley Jake Fraley
RF 30
Retained
$2,452,960 - $2,452,960
4
Diaz Alexis Diaz
RP 28
Retained
$1,306,452 - $1,306,452
5
Wynns Austin Wynns
C 34
Retained
$431,720 - $431,720
6
Hampson Garrett Hampson
SS 30
Retained
$134,839 - $134,839
7
Hurtubise Jacob Hurtubise
OF 27
Retained
$126,610 - $126,610

2025 Luxury Tax Payroll Totals

Competitive Balance Tax Threshold $241,000,000
Tax Payroll $144,256,289 -
Tax Bill
This team was a tax repeater at 20%.
$0 -
Projected Tax Bill
This team is currently a tax repeater at 20%.
$0 -

Glossary

MLB Tax Rate Penalties

First-Time Payor:

  • 20% for exceeding by $20M or less
  • 32% for exceeding by $20M-$40M
  • 62.5% for exceeding by $40M-$60M
  • 80% for exceeding by $60M+

Second-Time Payor:

  • 30% for exceeding by $20M or less
  • 42% for exceeding by $20M-$40M
  • 75% for exceeding by $40M-$60M
  • 90% for exceeding by $60M+

Third-Time (or more) Payor:

  • 50% for exceeding by $20M or less
  • 62% for exceeding by $20M-$40M
  • 95% for exceeding by $40M-$60M
  • 110% for exceeding by $60M+

Teams are considered “tax repeaters” when they exceed the threshold in consecutive seasons. They revert back to First-Time status after completing one season below the threshold.

MLB Tax Salaries

Luxury Tax salaries are based on the Average Annual Value of all 40-man roster contracts, guaranteed contracts on the 60-day IL, retained salary from trades or releases, buried contracts in the minor leagues, a player benefits stipend, and the required pre-arbitration bonus pool contribution.

Players who are acquired or have contracts purchased during the season are calculated at a rate based on the amount of league days remaining in the season. If multiple years remain on the contract at the time of acquisition, the AAV is recalculated based on the total guaranteed money remaining.

Pre-Arbitration Players (0-3 years of service) are currently estimated at $820,000 ($40k above the $780,000 MLB minimum) Arbitration Salaries (3-6 years of service) are currently estimated based on the level of service (Arbitration 1-4), and Spotrac’s current Market Valuation for that player.

Player Benefits account for insurance, room & board stipends, transportation fees, etc…

The MLB Pre-Arbitration Bonus Pool is a $50 million pot of money created in the 2022 CBA to reward top-performing young players (under three years of service time) who are not yet eligible for salary arbitration. It's funded by all 30 teams, split into award bonuses and a statistical pool based on a version of Wins Above Replacement (WAR).

2025 Minor

Salaries from players currently in the system. denotes a buried salary that counts against the payroll.

Player (15)   Pos Age Type Luxury Tax Luxury Tax % Cash Salary Free Agent
1
Sam Moll
  RP 33
Arbitration 1
$650,000 0.27% $650,000 2028
2
Connor Joe
  1B 32
Free Agent
$505,376 - $505,376 2026
3
Lyon Richardson
  RP 25
Pre-Arbitration
$461,720 0.19% $461,720
4
Christian Encarnacion-Strand
  1B 25
Pre-Arbitration
$442,957 0.18% $442,957
5
Luis Mey
  RP 24
Pre-Arbitration
$232,903 0.10% $232,903
6
Randy Wynne
  RP 32
Pre-Arbitration
$201,430 - $201,430
7
Blake Dunn
  OF 26
Pre-Arbitration
$179,784 0.07% $179,784
8
Will Banfield
  C 25
Pre-Arbitration
$163,440 0.07% $163,440
9
Yosver Zulueta
  RP 27
Pre-Arbitration
$159,354 0.07% $159,354
10
Rece Hinds
  RF 24
Pre-Arbitration
$147,096 0.06% $147,096
11
Ryan Vilade
  LF 26
Free Agent
$102,539 0.04% $102,539
12
Joe La Sorsa
  RP 27
Free Agent
$84,124 - $84,124
13
Chase Petty
  SP 22
Pre-Arbitration
$57,204 0.02% $57,204
14
Sam Benschoter
  RP 27
Pre-Arbitration
$36,774 0.02% $36,774
15
Reiver Sanmartin
  RP 29
Free Agent
$4,086 0.00% $4,086

TRANSACTIONS

Mar 18, 2026
Samuel Perez, P

Released by Cincinnati (CIN)

Mar 11, 2026
Josue Lopez, P

Released by Cincinnati (CIN)

Mar 05, 2026
Kyle Nicolas, RP

Traded to Cincinnati (CIN) from Pittsburgh (PIT) for Tyler Callihan

Feb 21, 2026
Riley Cooper, P

Signed a minor league contract with Cincinnati (CIN)

Feb 21, 2026
Johnathan Lavallee, P

Signed a minor league contract with Cincinnati (CIN)

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