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2 weeks agoThe Cincinnati Reds extended a $21.05 million qualifying offer to free-agent right-hander Nick Martinez on Monday, according to sources. He already declined a $12 million player option last week. Martinez and the Reds actually discussed a multi-year contract extension before this point, but neither side could agree to anything, and now the 34-year-old veteran swingman is on the open market. If Martinez rejects the offer and signs with another club this winter, the Reds will receive draft-pick compensation. He had a great first season in Cincy in 2024, going 10-7 with a career-best 3.10 ERA (3.21 FIP), a 1.03 WHIP and a career-high 116 strikeouts in 142 1/3 innings over 42 appearances (16 starts). Martinez might see plenty of money on the open market given his versatility, but it also wouldn't be a surprise if he accepted the one-year qualifying offer to stay with the Reds.--Keith Hernandez - RotoBaller
Source: ESPN.com - Jeff Passan

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