Cincinnati Reds: Predicting 5 potential contract extensions

KANSAS CITY, MISSOURI - AUGUST 19: Starting pitcher Luis Castillo #58 of the Cincinnati Reds pitches during the first inning. (Photo by Jamie Squire/Getty Images)
KANSAS CITY, MISSOURI - AUGUST 19: Starting pitcher Luis Castillo #58 of the Cincinnati Reds pitches during the first inning. (Photo by Jamie Squire/Getty Images) /
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Luis Castillo #58 of the Cincinnati Reds looks on during a game. The latest Reds rumors suggest Castillo may be traded this winter.
CINCINNATI, OH – SEPTEMBER 21: Luis Castillo #58 of the Cincinnati Reds looks on during a game. (Photo by Joe Robbins/Getty Images) /

Luis Castillo, Reds right-handed pitcher

Projected contract extension: 4 years/$41M

Luis Castillo is easily the most valuable player on the Cincinnati Reds. Castillo, this year’s Opening day starter, was eligible for arbitration this season, but he and the Reds front office agreed to a one-year/$4.2M contract. If Cincinnati is looking to make a multi-year deal to Castillo, it’ll need to be mutually beneficial.

The goal of contract extension with Castillo would be to give the team cost control moving into the future and to give Castillo financial security. The two most recent examples of this are German Marquez with the Colorado Rockies and Aaron Nola with the Philadelphia Phillies.

Marquez signed a five-year/$43M contract with the Rockies prior to the 2019 season. That same spring, Nola signed a four-year/$45M pact with the Phillies, buying out his three arbitration years, plus his first year of free agency.

Prior to their extensions, Marquez and Nola posted a respective ERA of 4.11 and 3.35. Castillo’s career ERA is sitting at 3.62. With Marquez earning an annual average value of $8.6M and Nola’s AAV sitting at $11.25M, it seems fair to slot Castillo comfortably between the two with an AAV of $10.25M.

If there’s just one player that the Cincinnati Reds front office should look to extend this spring, it’s Luis Castillo. La Piedra is this team’s ace, and Nick Krall could make a strong statement to the rest of the league that Castillo is not for sale by locking up thee right-hander to a long-term contract.