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    CINCINNATI REDS PLAYER PAYROLL▼

    Estimated 2024 Payroll:$100MLegend:FREE AGENTClub OptionPlayer OptionMutual OptionVesting Option
    Estimated Final 2023 Payroll:$87MEstimated Value|Money Owed to Team

    Players With Guaranteed Salaries▼

    PlayerAgeService TimeContractInfoAAV2024202520262027202820292030
    Jeimer Candelario32.66.0383 yr, $45M (2024-26)$15,000,000$13,000,000$16,000,000$13,000,000$18,000,000
    Nick Martinez35.95.0022 yr, $26M (2024-25)$13,000,000$14,000,000$12,000,000
    Hunter Greene26.92.0006 yr, $53M (2023-28), 2029 club option$8,833,333$3,333,333$6,333,333$8,333,333$15,333,333$16,333,333$21,000,000
    Emilio Pagán35.26.0912 yr, $16M (2024-25), 2025 player option$8,000,000$8,000,000$8,000,000FREE AGENT
    Jakob Junis33.86.0021 yr, $7M (2024)$7,000,000$4,000,000$8,000,000
    Jonathan India29.63.0002 yr, $10.85M (2024-25)$5,425,000$3,800,000$7,050,000ARB 3FREE AGENT
    Luke Maile35.46.1481 yr, $3.5M (2024)$3,500,000$3,000,000$3,500,000
    Brent Suter36.96.1611 yr, $3M (2024)$3,000,000$2,500,000$3,500,000
    Buck Farmer35.46.1401 yr, $2.25M (2024)$2,250,000$2,250,000FREE AGENT
    Justin Wilson38.911.0351 yr, $1.5M (2024)$1,500,000$1,500,000FREE AGENT
    Amed Rosario30.76.0621 yr, $1.5M (2024)$1,500,000$1,500,000FREE AGENT
    PlayerAgeService TimeContractInfoAAV2024202520262027202820292030
    Jeimer Candelario32.66.0383 yr, $45M (2024-26)$15,000,000$13,000,000$16,000,000$13,000,000$18,000,000
    Nick Martinez35.95.0022 yr, $26M (2024-25)$13,000,000$14,000,000$12,000,000
    Hunter Greene26.92.0006 yr, $53M (2023-28), 2029 club option$8,833,333$3,333,333$6,333,333$8,333,333$15,333,333$16,333,333$21,000,000
    Emilio Pagán35.26.0912 yr, $16M (2024-25), 2025 player option$8,000,000$8,000,000$8,000,000FREE AGENT
    Jakob Junis33.86.0021 yr, $7M (2024)$7,000,000$4,000,000$8,000,000
    Jonathan India29.63.0002 yr, $10.85M (2024-25)$5,425,000$3,800,000$7,050,000ARB 3FREE AGENT
    Luke Maile35.46.1481 yr, $3.5M (2024)$3,500,000$3,000,000$3,500,000
    Brent Suter36.96.1611 yr, $3M (2024)$3,000,000$2,500,000$3,500,000
    Buck Farmer35.46.1401 yr, $2.25M (2024)$2,250,000$2,250,000FREE AGENT
    Justin Wilson38.911.0351 yr, $1.5M (2024)$1,500,000$1,500,000FREE AGENT
    Amed Rosario30.76.0621 yr, $1.5M (2024)$1,500,000$1,500,000FREE AGENT

    Players Eligible For Arbitration▼

    PlayerAgeService TimeContractInfoAAV2024202520262027202820292030
    Ty France32.04.0891 yr, $6.775M (2024)$6,775,000ARB 3FREE AGENT
    Tejay Antone32.64.0001 yr, $830k (2024)$830,000ARB 3FREE AGENT
    Santiago Espinal31.73.1491 yr, $2.725M (2024)$2,725,000ARB 2ARB 3FREE AGENT
    Tyler Stephenson29.93.0561 yr, $2.525M (2024)$2,525,000ARB 2ARB 3FREE AGENT
    Jake Fraley31.13.0971 yr, $2.15M (2024)$2,150,000ARB 2ARB 3FREE AGENT
    PlayerAgeService TimeContractInfoAAV2024202520262027202820292030
    Ty France32.04.0891 yr, $6.775M (2024)$6,775,000ARB 3FREE AGENT
    Tejay Antone32.64.0001 yr, $830k (2024)$830,000ARB 3FREE AGENT
    Santiago Espinal31.73.1491 yr, $2.725M (2024)$2,725,000ARB 2ARB 3FREE AGENT
    Tyler Stephenson29.93.0561 yr, $2.525M (2024)$2,525,000ARB 2ARB 3FREE AGENT
    Jake Fraley31.13.0971 yr, $2.15M (2024)$2,150,000ARB 2ARB 3FREE AGENT

    Notable Players Not Yet Eligible For Arbitration▼

    PlayerAgeService TimeContractInfoAAV2024202520262027202820292030
    Nick Lodolo28.42.0001 yr, $760k (2024)$760,000ARB 1ARB 2ARB 3FREE AGENT
    Alexis Díaz29.82.0001 yr, $760k (2024)$760,000ARB 1ARB 2ARB 3FREE AGENT
    Sam Moll34.52.0751 yr, $760k (2024)$760,000ARB 1ARB 2ARB 3FREE AGENT
    Tony Santillan29.32.0201 yr, TBD (2024)TBDARB 1ARB 2ARB 3FREE AGENT
    TJ Friedl30.91.1121 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Graham Ashcraft28.41.1361 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Spencer Steer28.61.0351 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Will Benson28.11.0421 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Fernando Cruz36.31.0351 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Matt McLain26.90.1401 yr, $742.5k (2024)$742,500Pre-ARBARB 1ARB 2ARB 3ARB 4FREE AGENT
    Elly De La Cruz24.50.1181 yr, $742.5k (2024)$742,500Pre-ARBPre-ARBARB 1ARB 2ARB 3FREE AGENT
    Christian Encarnacion-Strand26.60.0771 yr, $740k (2024)$740,000Pre-ARBPre-ARBARB 1ARB 2ARB 3FREE AGENT
    Estimated salaries for other pre-arbitration players$3,700,000
    PlayerAgeService TimeContractInfoAAV2024202520262027202820292030
    Nick Lodolo28.42.0001 yr, $760k (2024)$760,000ARB 1ARB 2ARB 3FREE AGENT
    Alexis Díaz29.82.0001 yr, $760k (2024)$760,000ARB 1ARB 2ARB 3FREE AGENT
    Sam Moll34.52.0751 yr, $760k (2024)$760,000ARB 1ARB 2ARB 3FREE AGENT
    Tony Santillan29.32.0201 yr, TBD (2024)TBDARB 1ARB 2ARB 3FREE AGENT
    TJ Friedl30.91.1121 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Graham Ashcraft28.41.1361 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Spencer Steer28.61.0351 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Will Benson28.11.0421 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Fernando Cruz36.31.0351 yr, $750k (2024)$750,000Pre-ARBARB 1ARB 2ARB 3FREE AGENT
    Matt McLain26.90.1401 yr, $742.5k (2024)$742,500Pre-ARBARB 1ARB 2ARB 3ARB 4FREE AGENT
    Elly De La Cruz24.50.1181 yr, $742.5k (2024)$742,500Pre-ARBPre-ARBARB 1ARB 2ARB 3FREE AGENT
    Christian Encarnacion-Strand26.60.0771 yr, $740k (2024)$740,000Pre-ARBPre-ARBARB 1ARB 2ARB 3FREE AGENT
    Estimated salaries for other pre-arbitration players$3,700,000

    Incentives▼

    Description2024202520262027202820292030
    Incentives earned by Hunter Greene$100,000
    Incentives earned by Hunter Greene (option escalator)$700,000
    Description2024202520262027202820292030
    Incentives earned by Hunter Greene$100,000
    Incentives earned by Hunter Greene (option escalator)$700,000

    Other Payments▼

    Description2024202520262027202820292030
    $ paid by Reds to Frankie Montas$9,333,333
    $ due for buyout of Joey Votto$7,000,000
    $ due for buyout of Mike Moustakas$4,000,000
    $ paid by Reds to Lucas Sims$1,915,323
    $ due for buyout of Wil Myers$1,500,000
    $ due for buyout of Curt Casali$750,000
    $ owed to BAL (Austin Slater trade)$700,000
    $ paid to Alex Young$636,129
    $ paid to Austin Slater$495,124
    $ owed to TEX (Davis Wendzel trade)$100,000
    $ owed from MIL (Montas/Junis trade)-$1,000,000-$160,000
    $ paid by Rays and Dodgers to Amed Rosario-$1,161,290
    $ owed from SEA (Ty France trade)-$1,294,758
    $ paid by Brewers to Jakob Junis-$2,666,667
    $ paid by Mariners to Ty France-$4,516,667
    $ paid by Reds to Taylor Rogers$8,129,032
    $ due for buyout of Jakob Junis$3,000,000
    $ paid by Reds to Jake Fraley$2,452,957
    $ owed to CHC (Taylor Rogers trade (prorated portion of $6M from Giants))$1,935,484
    $ paid to Alexis Diaz$1,548,397
    $ due for buyout of Luke Maile$500,000
    $ due for buyout of Brent Suter$500,000
    $ paid by Reds to Austin Wynns$437,634
    $ paid by Padres to Connor Joe-$236,559
    $ paid by Athletics to Miguel Andújar-$2,048,387
    $ paid by Rays to Zack Littell-$3,874,839
    $ paid by Pirates to Ke'Bryan Hayes-$4,741,935
    $ owed from SFG (Taylor Rogers trade)-$6,000,000
    $ due for buyout of Austin Hays$1,000,000
    $ due for buyout of Scott Barlow$1,000,000
    $ due for buyout of Brent Suter$250,000
    $ paid by Angels to Jeimer Candelario-$83,422
    $ due for buyout of Jeimer Candelario$3,000,000
    $ due for potential buyout of Pierce Johnson$1,000,000
    $ due for potential buyout of Jose Trevino$1,000,000
    $ due for potential buyout of Hunter Greene$2,000,000
    $ due for potential buyout of Ke'Bryan Hayes$6,000,000
    Estimated Payroll$99,733,860$105,975,198$116,945,954$31,583,333$25,333,333$10,000,000$6,000,000
    Description2024202520262027202820292030
    $ paid by Reds to Frankie Montas$9,333,333
    $ due for buyout of Joey Votto$7,000,000
    $ due for buyout of Mike Moustakas$4,000,000
    $ paid by Reds to Lucas Sims$1,915,323
    $ due for buyout of Wil Myers$1,500,000
    $ due for buyout of Curt Casali$750,000
    $ owed to BAL (Austin Slater trade)$700,000
    $ paid to Alex Young$636,129
    $ paid to Austin Slater$495,124
    $ owed to TEX (Davis Wendzel trade)$100,000
    $ owed from MIL (Montas/Junis trade)-$1,000,000-$160,000
    $ paid by Rays and Dodgers to Amed Rosario-$1,161,290
    $ owed from SEA (Ty France trade)-$1,294,758
    $ paid by Brewers to Jakob Junis-$2,666,667
    $ paid by Mariners to Ty France-$4,516,667
    $ paid by Reds to Taylor Rogers$8,129,032
    $ due for buyout of Jakob Junis$3,000,000
    $ paid by Reds to Jake Fraley$2,452,957
    $ owed to CHC (Taylor Rogers trade (prorated portion of $6M from Giants))$1,935,484
    $ paid to Alexis Diaz$1,548,397
    $ due for buyout of Luke Maile$500,000
    $ due for buyout of Brent Suter$500,000
    $ paid by Reds to Austin Wynns$437,634
    $ paid by Padres to Connor Joe-$236,559
    $ paid by Athletics to Miguel Andújar-$2,048,387
    $ paid by Rays to Zack Littell-$3,874,839
    $ paid by Pirates to Ke'Bryan Hayes-$4,741,935
    $ owed from SFG (Taylor Rogers trade)-$6,000,000
    $ due for buyout of Austin Hays$1,000,000
    $ due for buyout of Scott Barlow$1,000,000
    $ due for buyout of Brent Suter$250,000
    $ paid by Angels to Jeimer Candelario-$83,422
    $ due for buyout of Jeimer Candelario$3,000,000
    $ due for potential buyout of Pierce Johnson$1,000,000
    $ due for potential buyout of Jose Trevino$1,000,000
    $ due for potential buyout of Hunter Greene$2,000,000
    $ due for potential buyout of Ke'Bryan Hayes$6,000,000
    Estimated Payroll$99,733,860$105,975,198$116,945,954$31,583,333$25,333,333$10,000,000$6,000,000
    Totals for estimated payrolls include potential buyouts and earned buyout escalators — but not option total or earned option escalator — for pending options

    Other Payments (Luxury Tax)▼

    Description2024202520262027202820292030
    Eugenio Suárez AAV adjustment (credited for unpaid buyout proportionate to time with team)-$1,142,857
    Description2024202520262027202820292030
    Eugenio Suárez AAV adjustment (credited for unpaid buyout proportionate to time with team)-$1,142,857

    Luxury Tax Payroll Estimate▼

    Description2024202520262027202820292030
    AAVs for players with guaranteed contracts (does not include players no longer on 40-man roster)$69,008,333$63,281,660$60,409,079$22,659,079$17,684,079$8,850,746
    Salaries for players eligible for arbitration$15,005,000$32,402,500$42,525,000
    AAVs for players with guaranteed contracts no longer on the 40-man roster$16,000,000$16,921,043
    Earned incentives and escalators$100,000
    Sum of Other Payments (does not include potential buyouts)$2,540,527-$2,558,216-$83,422
    Sum of Other Payments (Luxury Tax Only)-$1,142,857
    Estimated salaries for players not yet eligible for arbitration and other players with non-guaranteed contracts$11,955,000
    Estimated salaries for 40-man roster players in minor leagues$2,500,000$2,500,000$2,500,000$2,500,000$2,500,000$2,500,000$2,500,000
    Estimated player benefits to be paid$17,000,000$17,500,000$18,000,000$18,500,000$19,000,000$19,500,000$20,000,000
    Payment into $50M pre-arbitration bonus pool$1,666,667$1,666,667$1,666,667$1,666,667$1,666,667$1,666,667$1,666,667
    Estimated Luxury Tax Payroll$119,775,527$129,649,754$141,938,367$45,325,746$40,850,746$32,517,413$24,166,667
    Description2024202520262027202820292030
    AAVs for players with guaranteed contracts (does not include players no longer on 40-man roster)$69,008,333$63,281,660$60,409,079$22,659,079$17,684,079$8,850,746
    Salaries for players eligible for arbitration$15,005,000$32,402,500$42,525,000
    AAVs for players with guaranteed contracts no longer on the 40-man roster$16,000,000$16,921,043
    Earned incentives and escalators$100,000
    Sum of Other Payments (does not include potential buyouts)$2,540,527-$2,558,216-$83,422
    Sum of Other Payments (Luxury Tax Only)-$1,142,857
    Estimated salaries for players not yet eligible for arbitration and other players with non-guaranteed contracts$11,955,000
    Estimated salaries for 40-man roster players in minor leagues$2,500,000$2,500,000$2,500,000$2,500,000$2,500,000$2,500,000$2,500,000
    Estimated player benefits to be paid$17,000,000$17,500,000$18,000,000$18,500,000$19,000,000$19,500,000$20,000,000
    Payment into $50M pre-arbitration bonus pool$1,666,667$1,666,667$1,666,667$1,666,667$1,666,667$1,666,667$1,666,667
    Estimated Luxury Tax Payroll$119,775,527$129,649,754$141,938,367$45,325,746$40,850,746$32,517,413$24,166,667
    Totals for estimated luxury tax payrolls include potential buyouts and earned buyout escalators — but not option total or earned option escalators — for pending options

    LUXURY TAX EXPLANATION AND OTHER PAYROLL NOTES

    1. The luxury tax thresholds for 2024 are $237M, $257M, $277M, $297M, with increasingly sharp penalties for surpassing each threshold. This is the first year with four luxury tax thresholds instead of three.
    2. The average annual value (AAV) of guaranteed contracts is included, not what the player is actually being paid that year. The AAV of contracts with deferrals is lower due to the payout structure and is based on the inflation rate stated in the contract, but unless the exact AAV as calculated by the league is publicly reported, the AAV is calculated as it would be without deferrals.
    3. Other payments, such as money to and from other teams, are included. Buyouts of contract options are included in the initial AAV. If a contract option is exercised, the team is credited the value of the buyout on their CBT calculation for the option year.
    4. Players no longer on the 40-man roster are included in all cases, regardless of whether they were optioned or released.
    5. Salaries for all players on the 40-man roster, even salaries earned while in the minor leagues, are included.
    6. Player benefits include health insurance, transportation, meal money, and other non-salary payments for all 40-man roster players.
    7. The "estimated salaries for players not yet eligible for arbitration" figure (which is included in luxury tax and "actual" payroll) presumes that, when factoring IL time, each team will need to pay for at least 34 player-seasons over the course of the regular season. This number is calculated by subtracting the number of guaranteed and arbitration-year contracts from 34 (the number of player-seasons) and then multiplying the number that remains (typically around 10-15) by the league minimum salary.
    8. The league minimum salary for 2024 is $740k.
    9. For a player acquired during the current season, the AAV factored into the luxury tax is based on the amount of time left in the current season at the time of acquisition.