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Reds Sign Caleb Ferguson to $4.5 Million Deal

12/19/2025

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Summary

Story summary

Caleb Ferguson (left-handed reliever) signed a one-year, $4.5 million contract with the Cincinnati Reds on December 18, 2025.
Ferguson, 29, posted a 3.58 ERA in 70 games last season with the Pittsburgh Pirates and Seattle Mariners.
The signing fills a significant Reds need after failing to acquire Kyle Schwarber.
For 2026, the Reds project payroll near 2025 levels, about $40.8 million for eight players, while nine spots remain.

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Story summary

Caleb Ferguson (left-handed reliever) signed a one-year, $4.5 million contract with the Cincinnati Reds on December 18, 2025.
Ferguson, 29, posted a 3.58 ERA in 70 games last season with the Pittsburgh Pirates and Seattle Mariners.
The signing fills a significant Reds need after failing to acquire Kyle Schwarber.
For 2026, the Reds project payroll near 2025 levels, about $40.8 million for eight players, while nine spots remain.