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Emilio Pagán’s exit gave the Reds an unexpected opportunity to improve their 2027 roster

Emilio Pagán's decision to opt out of his contract may've been a blessing in disguise for the Cincinnati Reds.

Published: Tuesday, 3 November 2026 at 1:50 PM
Emilio Pagán’s exit gave the Reds an unexpected opportunity to improve their 2027 roster
Key Things to Know
  • Drew Koch argues Emilio Pagán's contract opt-out allows the Cincinnati Reds to allocate $10 million to other roster needs.
  • Emilio Pagán opted out of his $10 million player option for 2027 to become a free agent.
  • MLB insider Francys Romero reported that Pagán is likely to receive multi-year free agency offers this winter.
The Story in 60 Seconds

Writer Drew Koch argues that Emilio Pagán's decision to opt out of his contract creates an ideal opportunity for the Cincinnati Reds to reallocate funds for the 2027 season. Instead of exercising a $10 million player option to remain Cincinnati's closer, the veteran right-hander entered free agency seeking a multi-year deal. With Pagán entering his age-36 season, Koch contends that re-signing him at an estimated $12 million average annual value would be a financial mistake for the club.

The article highlights Cincinnati's extensive roster needs, noting that the front office should redirect the saved $10 million toward starting pitching, bullpen depth, catching, and positional upgrades. Citing past costly free-agent missteps such as Mike Moustakas and Jeimer Candelario, Koch advises front office head Nick Krall to avoid overpaying an aging reliever and instead emulate more resource-efficient clubs like the Milwaukee Brewers.

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