The Cincinnati Reds have officially re-signed Emilio Pagán to a two-year, $20 million deal, pending a physical — marking their first major move of the offseason. Pagán is coming off a career-best season with 32 saves and a 2.88 ERA, and his return helps stabilize a bullpen that lost key arms to free agency.
We also break down the latest update on the Reds’ chances of signing Kyle Schwarber, after MLB insider Mark Feinsand placed Cincinnati’s odds at 15% — a significant jump from earlier in the offseason. With the Reds searching for a middle-of-the-order bat, Schwarber’s Cincinnati ties make this storyline one to watch.
Plus, we run through the newly announced Redsfest attendee list, including Andrew Abbott, Graham Ashcraft, TJ Friedl, Tyler Stephenson, Manager Terry Francona, and a long list of former players and coaches. Redsfest returns January 16–17, 2026, at the Cincinnati Convention Center.
Topics in this video:0:00 – Reds Re-Sign Emilio Pagán0:41 – What the Pagán Deal Means for the Bullpen3:31 – Latest Kyle Schwarber Free Agency Odds6:16 – Full Redsfest Attendee List Revealed8:01 – Final Thoughts
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