Reds Look to Rebuild Bullpen
After a strong 2025 season from Emilio Pagan, who posted a 2.88 ERA with 32 saves over 68.2 innings, the Cincinnati Reds face a challenge in replacing key bullpen arms. Pagan became a free agent following the season, joining several other relievers who also departed, leaving the team with a clear need to restock its late-inning options for 2026.
Devin Williams Emerges as a Target
One potential addition is Devin Williams, according to reports from Will Sammon of The Athletic. Williams has a history of dominance against the Reds from his time with the Milwaukee Brewers, making him an attractive option to strengthen Cincinnati’s bullpen.

Career Highlights and Reds’ Struggles
Williams debuted in MLB in 2019, posting a 3.95 ERA in 13 appearances. He broke out in 2020, allowing just one run over 27 innings in the shortened season. By the end of 2024, he had a career ERA of 1.83. His track record against Cincinnati was particularly impressive: in 34 games from 2019–2024, the Reds hit only .098/.189/.143 against him, striking out 64 times in 127 plate appearances, scoring just five earned runs (1.32 ERA).

A Difficult Season in New York
Williams was traded to the New York Yankees 13 months ago, and his performance suffered compared to his Brewers years. In 2025, he posted a 4.79 ERA across a career-high 62 innings in 67 appearances. He allowed more hits than ever, while his strikeout rate dipped, though it remained strong. He did maintain a low walk rate, and hitters still managed just a .196 average against him.
Projected Contracts and Financial Impact
Williams is expected to command a significant salary in free agency. Estimates vary widely: The Athletic projects a one-year deal for $18 million, MLB Trade Rumors suggests a four-year contract totaling $68 million, and ESPN’s Jeff Passan predicts a three-year deal worth $45 million.

High Stakes for Cincinnati
Any of these contracts would represent a major investment for the Reds. While a one-year deal offers flexibility, a multi-year commitment could consume a significant portion of the team’s projected free-agent budget, shaping how Cincinnati approaches its offseason plans for 2026.