MLB Rumors: Reds sign RHP Emilio Pagán to two-year contract
The Cincinnati Reds' offseason priorities are largely centered on the pitching staff, with a particular focus on the bullpen. On Wednesday, the team moved to sign RHP Emilio Pagán to a two-year, $16 million contract. The deal includes a player option for 2025 and performance bonuses. It is currently pending a Thursday physical.
Pagán spent his last two seasons with the Minnesota Twins. In 2023, he posted a 2.99 ERA and 0.952 WHIP with 65 strikeouts in 69.1 innings pitched.
Emilio Pagán deal with Reds, pending physical, source tells @TheAthletic: Two years, $16M with performance bonuses. Player option after year one. First with agreement: @Feinsand @JonHeyman
— Ken Rosenthal (@Ken_Rosenthal) November 29, 2023
Cincinnati relied on its bullpen the second-most of any National League team last season. Pagán experienced something of a resurgence in 2023 after posting an ERA over 4.00 in four of the previous five seasons. He does the majority of his damage with a potent 95.8 MPH fastball, mixed with a cutter, a changeup, and a rare curveball.
It's a serious investment for the Reds, who are investing $8 million per season in a 32-year-old reliever with a spotty track record. The obvious hope is that Pagán can sustain last season's success and anchor the middle innings for Cincinnati. He appeared in 66 games for Minnesota in 2023, allowing the fewest hits (5.8) and home runs (0.6) per nine innings of his career.