MLB Cincinnati 25

	A	B	C	D	E	F	G	H	I	K	M	N	O	P	Q	S	T	U	V	W
1
2	CINCINNATI										Projected 40-man Year-End Labor Relations Payrolls					Projected 40-man Competitive Balance Payrolls
3	CINCINNATI										2025	2026	2027	2028	2029	2025	2026	2027	2028	2029
4	REDS										$114,724,833	$22.583	$18.333	$16.333	$0.000	$136,641,500	$43.500	$29.000	$29.500	$21.167
5	REDS															Projected 2025 CB tax:		$0
6
7	Player	Pos.	Year	Rd	Pick	Age	MLS	Opts left 1/25	Agent	Length / Total Value	Projected 40-man Year-End Labor Relations Payrolls					Projected 40-man Competitive Balance Payrolls
8	Player	Pos.	Year	Rd	Pick	7/1/25	1/25	Opts left 1/25	Agent	Length / Total Value	2025	2026	2027	2028	2029	2025	2026	2027	2028	2029
9
10	Martinez, Nick	rhp-s	2011	18	564	34	6.002	0 / 3	Boras Corp.	1 y/$21.05M (25)	$21,050,000	FA				$21,050,000
11	Candelario, Jeimer	3b	2011		DOM	31	7.038	0 / 3	Premier Talent	3 y/$45M (24-26)	$16,000,000	$13.000	$3.000			$15,000,000	$15.000	opt
12	Rogers, Taylor	lhp	2012	11	340	34	8.145	2 / 3	Frontline	3 y/$33M (23-25)	$12,000,000	FA				$12,000,000
13	Singer, Brady	rhp-s	2018	1	18	28	4.156	2 / 3	Excel	1 y/$8.75M (25)	$8,750,000	A4	FA			$8,750,000
14	Pagán, Emilio	rhp	2013	10	297	34	7.091	0 / 3	Ballengee	2 yr/$16M (24-25)	$8,000,000	FA				$8,000,000
15	Greene, Hunter	rhp-s	2017	1	2	25	3.000	3 / 3	CAA	6 yr/$53M (23-28)+29 cl opt	$6,333,333	$8.333	$15.333	$16.333	opt	$8,833,333	$8.833	$8.833	$8.833	opt
16	Stephenson, Tyler	c	2015	1	11	28	4.056	3 / 3	ACES	1 y/$4.925M (25)	$4,925,000	A3	FA			$4,925,000
17	Díaz, Alexis	rhp-c	2015	12	355	28	3.000	3 / 3	Wasserman	1 y/$4.5M (25)	$4,500,000	A2	A3	FA		$4,500,000
18	Hays, Austin	lf	2016	3	91	29	5.057	1 / 3	MAS+	1 y/$5M (25)+26 m opt	$4,000,000	$1.000				$5,000,000
19	Trevino, Jose	c	2014	6	186	31	5.063	1 / 3	Paragon Spts	1 y/$3.425M (25)	$3,425,000	FA				$3,425,000
20	Lux, Gavin	2b	2016	1	20	27	4.114	3 / 3	Wasserman	1 y/$3.325M (25)	$3,325,000	A3	FA			$3,325,000
21	Fraley, Jake	dh	2016	2s	77	30	4.097	3 / 3	CAA	1 y/$3.125M (25)	$3,125,000	A3	FA			$3,125,000
22	Barlow, Scott	rhp	2011	6	194	32	5.030	2 / 3	Warner Cos.	1 yr/$2.5M (25)	$2,500,000	FA				$2,500,000
23	Espinal, Santiago	2b	2016	10	298	30	4.149	2 / 3	Rimas Spts	1 yr/$2.4M (25)	$2,400,000	A4	FA			$2,400,000
24	Suter, Brent	lhp	2012	31	965	35	7.161	2 / 3	Diamond Spts	1 yr/$2.5M (25)+26 cl opt	$2,250,000	$0.250				$2,500,000
25	Lodolo, Nick	lhp-s	2019	1	7	27	3.000	3 / 3	Excel	1 y/$1.975M (25)	$1,975,000	A2	A3	FA		$1,975,000
26	Moll, Sam	lhp	2013	3	77	33	3.075	1 / 3		1 y/$1,007,500 (25)	$1,007,500	A2	A3	FA		$1,007,500
27	Ashcraft, Graham	rhp-s	2019	6	174	27	2.130	3 / 3	Bledsoe Agency			A1	A2	A3	FA
28	Fairchild, Stuart	of	2017	2	38	29	2.114	0 / 3	CAA			A1	A2	A3	FA
29	Friedl, TJ	lf	2016		USA	29	2.112	2 / 3	Apex Baseball			A1	A2	A3	FA
30	Santillan, Tony	rhp	2015	2	49	28	2.099	0 / 3	Boras Corp.			A1	A2	A3	FA
31	Benson, Will	cf	2016	1	14	27	2.042	2 / 3	Wasserman			A1	A2	A3	FA
32	Steer, Spencer	3b	2019	3	90	27	2.035	3 / 3	Ballengee			A1	A2	A3	FA
33	McLain, Matt	ss	2021	1	17	25	1.140	3 / 3				A1	A2	A3	A4
34	Williamson, Brandon	lhp	2019	2	59	27	1.139	2 / 3				A1	A2	A3	A4
35	Abbott, Andrew	lhp	2021	2	53	26	1.119	3 / 3					A1	A2	A3
36	De La Cruz, Elly	ss-3b	2018		DOM	23	1.118	2 / 3	Boras Corp.				A1	A2	A3
37	Encarnacion-Strand, Christian	1b-3b	2021	4	128	25	1.077	3 / 3					A1	A2	A3
38	Spiers, Carson	rhp	2020		USA	27	0.157	2 / 3
39	Marte, Noelvi	ss	2018		DOM	23	0.139	2 / 3
40	Hinds, Rece	of	2019	2	49	24	0.053	2 / 3
41	Dunn, Blake	of	2021	15	450	26	0.045	2 / 3
42	Aguiar, Julian	rhp	2021	12	360	24	0.042	3 / 3
43	Hurtubise, Jacob	rhp	2020		USA	27	0.040	2 / 3
44	Richardson, Lyon	rhp	2018	2	47	25	0.037	1 / 3
45	Zulueta, Yosver	rhp	2019		CUB	27	0.032	1 / 3
46	Lowder, Rhett	rhp-s	2023	1	7	23	0.031	3 / 3
47	Phillips, Connor	rhp	2020	2s	64	24	0.027	2 / 3	Ballengee
48	Bowman, Cooper	2b	2021	4	122	25	0.000	3 / 3
49	Callihan, Tyler	2b	2019	3	85	25	0.000	3 / 3
50	Mey, Luis	rhp	2018		DOM	24	0.000	3 / 3
51	Rogers, Taylor									from Cincinnati, 1/29/25 trade	($6,000,000)					($6,000,000)
52	Pre-arbitration players									9	$7,200,000					$7,200,000
53	Injured Players									7	$5,355,000					$5,355,000
54	40-man players in minors									14	$2,604,000					$2,604,000
55	Pre-arbitration bonus pool															$1,666,667	$1.667	$1.667	$1.667	$1.667
56	Estimated Player Benefits															$17,500,000	$18.000	$18.500	$19.000	$19.500
57											2025	2026	2027	2028	2029	2025	2026	2027	2028	2029
58	Projected 26-man Opening Day Payroll										$106,765,833
59	Projected 40-man Year-End Payroll										$114,724,833	$22.583	$18.333	$16.333	$0.000
60	Projected 40-man CB Tax Payroll															$136,641,500	$43.500	$29.000	$29.500	$21.167
61	Competitive Balance Tax Threshold									$241 / $261 / $281 / $301						$241,000,000	$244.000	$247.000	$250.000	$254.000
62	Amount under threshold															$104,358,500	$200.500	$218.000	$221.000	$232.833
63	Projected CB Tax (first-time payor in 2025)									Rates 20% / 32% / 62.5% / 80%						$0
64
65	Reds CBT History
66	The Reds payroll has never exceeded the threshold for MLB's competitive balance tax.
67
68	Notes on Salaries
69	Figures for 0- to 3-year players are based on a schedule of 186 calendar days, pro-rated for days on Major League roster and days on optional assignment.
70	Estimated salaries: 0.000 MLS: $760,000 / $62,000. 0.001+ MLS: $760,000 / $123,900. 1+ MLS: $770,000 / $186,000. 2+ MLS: $780,000 / $248,000. 3+ MLS: $800,000 - $2M
71
72	Notes on Competitive Balance Tax
73	* Projected payroll for purposes of the Competitive Balance Tax under Article XXIII of MLB collective bargaining agreement. Estimated figures in italics.
74	* Figures include the average annual values of contracts for players on the 40-man roster, plus about $17M for benefits and $1.667M for 0- to 3-year player bonus pool.
75	* Tax Thresholds: 2022: $230M $250/$270/$290. 2023: $233M $253/$273/$293. 2024: $237M $257/$277/$297. 2025: $241M $261/$281/$301. 2026: $244M $264/$284/$304.
76	* Tax rate based on number of consecutive seasons a club has exceeded the base tax threshold. Rate resets if club payroll falls below tax threshold for one season.
77	* First-Time Payor tax rates: 20% for exceeding threshold by $20M or less, 32% for exceeding by $20-$40M, 62.5% for exceeding by $40M-$60M, 80% for exceeding by $60M or more.
78	* Second-Time Payor tax rates: 30% for exceeding threshold by $20M or less, 42% for exceeding by $20-$40M, 75% for exceeding by $40M or more, 90% for exceeding by $60M or more.
79	* Third-Time Payor tax rates: 50% for exceeding threshold by $20M or less, 62% for exceeding by $20-$40M, 95% for exceeding by $40M or more, 110% for exceeding by $60M or more.