1 Reds free agent target who received a Qualifying Offer and 2 who didn't

Qualifying Offers were doled out on Monday, and seven major leaguers now have draft compensation attached to their signing this offseason.

Unsurprisingly, the team that inks Shohei Ohtani to a new deal this winter will have to forfeit a draft pick. But if that's the price for signing a generational talent like Ohtani, so be it.

However, the likely AL MVP wasn't the only player to be extended a QO on Monday. If the Cincinnati Reds were to wade deep enough into the free agent waters and sign a player who has been extended a Qualifying Offer, they would have to surrender an early-round selection in next year's MLB Draft.

Reds free agent target Sonny Gray received a Qualifying Offer

This was always expected, and any team, including the Cincinnati Reds, will have to fork over a draft pick in order to sign Sonny Gray to a contract this offseason. The former Reds hurler will likely finish in the mix for the AL Cy Young Award this year.

Gray and the Reds have a history. The right-hander spend three seasons in the Queen City before being jettisoned prior to the 2022 campaign in favor of former Minnesota Twins first-rounder Chase Petty.

Gray has quite the resumé, and seeing as how the Reds would appear desperate to add a starting pitcher this winter, pursuing the Vanderbilt alum may be something to watch. However, Cincinnati will not be alone. Several other contenders will be looking to ink Gray to deal this winter as well.

At 34 years old, one has to wonder if Sonny Gray will draw the Reds' interest this offseason. It's very likely that the 11-year veteran will be looking for a contract that pays him more than $20-million per season.

MLB Trade Rumors expects Gray to land a four-year/$90-million contract this winter. That price tag, combined with the forfeiture of draft capital, likely pushes Gray off the Reds' radar.