Doing the math
The Reds 2020 payroll was in the $145M+ range. My best guess, based on multiple conversations with those involved with the organization and around MLB, is the 2021 payroll will be closer to the $120-$125M range. That's a reduction of $20-$25M from last year.
Here's a basic and rough sketch of the math: (UPDATED Feb. 9)
Committed money: $112.5M for 16 players
Joey Votto ($25.1M), Mike Moustakas ($14M), Nick Castellanos ($14M), Eugenio Suarez ($10.7M), Sonny Gray ($10M), Wade Miley ($8M), Shogo Akiyama ($7M),Michael Lorenzen ($4.4 million), Luis Castillo ($4.2 million), Tucker Barnhart ($4.1M), Jesse Winker ($3.15 million), Tyler Mahle ($2.2 million), Sean Doolittle ($1.5M), Noeh Ramirez ($1.175 million), Amir Garrett ($1.5 million) and Kyle Farmer ($640K).
The Reds also sent $900K to the Angles in Raisel Iglesias trade.
What's left? 10 remaining roster spots for at least the ML minimum ($570,500) per player: $5.7M (assuming a 26-man roster).
Those roster spots go to the likes of Nick Senzel, Lucas Sims, Tyler Stephenson, Tejay Antone, Jeff Hoffman, Art Warren, Scott Heineman, etc.
Current projection for 26-man roster: At least $118.2M
Budget guesstimate: $120M-$125M
Remaining money to spend: Between $1.8M and $6.8M
Now you understand why reports indicate the Reds have been gauging the trade value of his players during the offseason. GM Nick Krall has a challenge.
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