Emilio Pagan

Cincinnati Reds, Relief Pitcher
Age: 34y-9m-30d (May 07, 1991)
Exp: 8.091 Years
Country: US
College: Belmont Abbey College (NC)
Drafted: Round 10 (#297 overall), 2013
Agent(s): Ballengee Group
2026 Payroll Salary

$10,000,000

2026 Cash

$10,000,000

Career Earnings

$25,026,958

2026-2027 Free Agent (CURRENT)

Emilio Pagan signed a 2 year, $20,000,000 contract with the Cincinnati Reds, including $20,000,000 guaranteed, and an average annual salary of $10,000,000. In 2026, Pagan will earn a base salary of $10,000,000, while carrying a total salary of $10,000,000.
Contract Terms:
2 yr(s) / $20,000,000
Average Salary:
$10,000,000
Signing Bonus:
N/A
Free Agent:
2028 / UFA
YOS @ Signing:
8.091
Year Age YOS Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2026 35 8.091 $10,000,000 $10,000,000 4.10% $10,000,000 $10,000,000
2027 36 8.091
Player
 $10,000,000 $10,000,000 4.05% $10,000,000 $20,000,000
2028 37 -
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Trade Bonus Payroll Salary Luxury Tax
2026 35 8.091 $10,000,000 - - $500,000 $10,000,000 $10,000,000
2027 36 -
Player
 $10,000,000 - - $500,000 $10,000,000 $10,000,000
2028 37 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2026 35 $10,000,000 $10,000,000 $10,000,000 $20,000,000 $10,000,000 $10,000,000
2027 36
Player
 $10,000,000 $10,000,000 $20,000,000 $10,000,000 $10,000,000 $10,000,000
Contract Notes

  • Player opt-out available after 2026
  • Trade Assignment Bonus: $500,000 (acquiring club)

Source: MLB contract specifics generally collected from verified reports.

2024-2025 Free Agent

Contract Terms:
2 yr(s) / $16,000,000
Average Salary:
$8,000,000
Signing Bonus:
N/A
Free Agent:
2026 / UFA
YOS @ Signing:
6.091
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2023-2023 Arbitration

Contract Terms:
1 yr(s) / $3,500,000
Average Salary:
$3,500,000
Signing Bonus:
N/A
YOS @ Signing:
5.091
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2022-2022 Arbitration

Contract Terms:
1 yr(s) / $2,300,000
Average Salary:
$2,300,000
Signing Bonus:
N/A
YOS @ Signing:
4.091
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2021-2021 Arbitration

Contract Terms:
1 yr(s) / $1,570,000
Average Salary:
$1,570,000
Signing Bonus:
N/A
YOS @ Signing:
3.091
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2020-2020 Pre-Arbitration

Contract Terms:
1 yr(s) / $591,000
Average Salary:
$591,000
Signing Bonus:
N/A
YOS @ Signing:
2.091
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2019-2019 Pre-Arbitration

Contract Terms:
1 yr(s) / $555,000
Average Salary:
$555,000
Signing Bonus:
N/A
YOS @ Signing:
1.096
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2018-2018 Pre-Arbitration

Contract Terms:
1 yr(s) / $545,000
Average Salary:
$545,000
Signing Bonus:
N/A
YOS @ Signing:
0.098
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2017-2017 Pre-Arbitration

Contract Terms:
1 yr(s) / $535,000
Average Salary:
$535,000
Signing Bonus:
N/A
YOS @ Signing:
0
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2013-2013 Signing Bonus

Contract Terms:
1 yr(s) / $5,000
Average Salary:
$5,000
Signing Bonus:
N/A
YOS @ Signing:
0
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Seasons

8.091 Years

Career Earnings thru 2026

$25,026,958

Earnings w/ Different Teams

6 teams

Earnings Per Year

Year Age Team(s) Service Status Cash Total Cash Cumulative Awards
2013 22
-
Signing Bonus
$5,000
$5,000
2017 26
0
Active
$242,609
$247,609
2018 27
0.098
Active
$498,100
$745,709
2019 28
1.096
Active
$492,360
$1,238,069
2020 29
2.091
Active
$218,889
$1,456,958
2021 30
3.091
Active / Arb Avoided
$1,570,000
$3,026,958
2022 31
4.091
Active / Arb Avoided
$2,300,000
$5,326,958
2023 32
5.091
Active / Arb Avoided
$3,500,000
$8,826,958
2024 33
6.091
Active
$8,000,000
$16,826,958
2025 34
7.091
Active / Player Exercised
$8,200,000
$25,026,958
Total      
$25,026,958
$25,026,958
2026 35
8.091
Active
$10,000,000
2027 36
8.091
Active / Player
$10,000,000
Total
$45,026,958

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $242,609 $5,000 - $247,609
1 $498,100 - - $498,100
1 $492,360 - - $492,360
2 $1,788,889 - - $1,788,889
2 $5,800,000 - - $5,800,000
2 $16,000,000 - $200,000 $16,200,000
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2013
22
$5,000
$5,000
$5,000
2017
26
$242,609
$242,609
$247,609
2018
27
$498,100
$498,100
$745,709
2019
28
$492,360
$492,360
$1,238,069
2020
29
$218,889
$218,889
$1,456,958
2021
30
$1,570,000
$1,570,000
$3,026,958
2022
31
$2,300,000
$2,300,000
$5,326,958
2023
32
$3,500,000
$3,500,000
$8,826,958
2024
33
$8,000,000
$8,000,000
$16,826,958
2025
34
$8,000,000
$200,000
$8,200,000
$25,026,958
Total
$24,821,958
$5,000
$200,000
$25,026,958
$25,026,958
2026
35
$10,000,000
$10,000,000
2027
36
$10,000,000
$10,000,000
Total
$44,821,958
$5,000
$200,000
$45,026,958

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $242,609 $5,000 - $247,609
1 $498,100 - - $498,100
1 $492,360 - - $492,360
2 $1,788,889 - - $1,788,889
2 $5,800,000 - - $5,800,000
2 $16,000,000 - $200,000 $16,200,000

Injuries

Year Dates Reason
2024 CIN Jun 09, 2024 - Aug 10, 2024 Back
2024 CIN May 20, 2024 - Jun 06, 2024 Arm
2022 MIN Jun 03, 2022 - Jun 06, 2022 COVID-19
2020 SD Aug 31, 2020 - Sep 10, 2020 Biceps
  • Dec 04, 2025 Signed a 2 year $20 million contract with Cincinnati (CIN), including a player option for 2027
  • Nov 02, 2024 Exercised an $8 million player option for 2025 with Cincinnati (CIN)
  • Nov 29, 2023 Signed a 2 year $16 million contract with Cincinnati (CIN), including a player option for 2025
  • Jan 13, 2023 Signed a 1 year $3.5 million contract with Minnesota (MIN), avoiding arbitration
  • Apr 07, 2022 Traded to Minnesota (MIN) from San Diego (SD) with Chris Paddack and Brayan Medina for Taylor Rogers and Brent Rooker
  • Nov 30, 2021 Signed a 1 year $2.3 million contract with San Diego (SD), avoiding arbitration
  • Jan 15, 2021 Signed a 1 year $1.57 million contract with San Diego (SD), avoiding arbitration
  • Mar 05, 2020 Signed a 1 year $591,000 contract with San Diego (SD)
  • Feb 08, 2020 Traded to San Diego (SD) from Tampa Bay (TB) for Manuel Margot and Logan Driscoll
  • Dec 21, 2018 Traded to Tampa Bay (TB) from Oakland (OAK) as part of a 3-team trade: Tampa Bay (TB) traded Brock Burke, Kyle Bird and Yoel Espinal to Texas (TEX); Oakland (OAK) traded 2019 1st round pick to Tampa Bay (TB); Oakland (OAK) traded Eli White and International Bonus Pool Cap Space ($750,000) to Texas (TEX); Texas (TEX) traded Rollie Lacy to Tampa Bay (TB); Texas (TEX) traded Jurickson Profar to Oakland (OAK)
  • Mar 24, 2018 Signed a 1 year $545,000 contract with Oakland (OAK)
  • Nov 15, 2017 Traded to Oakland (OAK) from Seattle (SEA) with Alexander Campos for Ryon Healy
  • Jun 12, 2013 Signed a contract with Seattle (SEA)
  • Jun 07, 2013 Drafted by Seattle (SEA): Round 10 (#297 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2025 CIN 70 0 41 26 22 22 81 10 2 4 32 68.7 2.88 0.92 2.02
2024 CIN 38 1 40 20 19 11 44 6 4 5 1 38.0 4.50 1.34 0.35
2023 MIN 61 1 45 26 23 21 65 5 5 2 1 69.3 2.99 0.95 1.35
2022 MIN 59 0 60 36 31 26 84 12 4 6 9 63.0 4.43 1.37 -0.38
2021 SD 67 0 56 35 34 18 69 16 4 3 0 63.3 4.83 1.17 -0.29
2020 SD 22 0 14 11 11 9 23 4 0 1 2 22.0 4.50 1.05 0.05
2019 TB 66 0 45 19 18 13 96 12 4 2 20 70.0 2.31 0.83 2.28
2018 OAK 55 0 55 30 30 19 63 13 3 1 0 62.0 4.36 1.19 0.37
2017 SEA 34 0 39 20 18 8 56 7 2 3 0 50.3 3.22 0.93 0.69

Calculated Market Value

$12.3M Avg. Annual Salary

Market Value

  • 1 years, $12,342,310
  • Avg. Salary: $12,342,310
  • MLB Rank: 145
  • RP Rank: 10

Current Contract

  • Free Agent: 2028
  • Avg. Salary: $10,000,000
  • MLB Rank: 181
  • RP Rank: 21

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Emilio Pagan to.

Player Length Value Avg. Salary Age When Signed
Carlos Estevez 2 $22,200,000 $11,100,000 32
Kenley Jansen 1 $10,000,000 $10,000,000 37
Jordan Romano 1 $8,500,000 $8,500,000 31
Jose Castillo 1 $760,000 $760,000 29
Averages 1 $10,365,000 $7,590,000 32.3

Base Calculated Value

After adjusting the above contracts as if signed at Pagan's current age (34), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
1 $9,094,286 $9,094,286

Statistical Comparisons

Now we'll compare our variables and Pagan statistically over the two seasons prior to their signing. In this case we're analyzing: GP/Yr, SV, ERA, WHIP, K/9, BB/9, FIP, WAR

Player GP/Yr SV ERA WHIP K/9 BB/9 FIP WAR
Carlos Estevez
2023-2024
 58.00 0.49 3.18 1.20 9.72 3.22 3.59 1.60
Kenley Jansen
2023-2024
 52.00 0.54 3.46 1.17 10.34 3.36 3.33 1.35
Jordan Romano
2023-2024
 36.00 0.61 4.75 1.34 9.77 3.14 4.81 1.65
Jose Castillo
2023-2024
 0.50 0.00 54.00 6.00 0.00 27.00 0.00 -9.52
Average 36.63 0.41 16.35 2.43 7.46 9.18 2.93 -1.23
Emilio Pagan
2024-2025
 53.00 0.29 3.74 1.14 10.54 2.79 3.78 1.37
Pct Change 44.69 -29.27 77.13 53.09 41.29 69.61 -29.01 0.00
Median Prime % Change 42.99%
Average Prime % Change 28.44%

Calculated Market Value: Emilio Pagan

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
1 years, $12,342,310 $12,342,310
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