Report: Reds, Emilio Pagán agree to 2-year, $20M deal
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The Cincinnati Reds are retaining closer Emilio Pagán on a two-year, $20-million contract, Ken Rosenthal and C. Trent Rosecrans of The Athletic report.
Pagán posted a 2.88 ERA and 3.72 FIP over 68 2/3 innings in his second season with the Reds this past year.
The 34-year-old's 32 saves in 2025 ranked second in the National League behind only San Diego Padres righty Robert Suarez.
Set to enter his 10th MLB season, Pagán boasts a 3.66 ERA and 1.07 WHIP with 65 saves over 506 2/3 career innings.
He's the most recent free-agent closer to go off the board. Earlier this winter, Devin Williams signed with the New York Mets, Ryan Helsley joined the Baltimore Orioles, and Raisel Iglesias re-signed with the Atlanta Braves.