Reds To Sign Caleb Ferguson

3:10pm: It’s a one-year contract, according to Gordon Wittenmyer of The Cincinnati Enquirer.
3:01pm: The Reds agreed to a deal with lefty reliever Caleb Ferguson, reports Ken Rosenthal of The Athletic. The signing is still pending a physical.
Ferguson adds a needed left-handed option to Terry Francona’s bullpen. The Reds bought out Brent Suter at the beginning of the offseason. That left them with Sam Moll as their only lefty reliever. He had been up-and-down from Triple-A this year and gave up 16 runs across 18 1/3 MLB innings. Moll gets a decent number of whiffs and ground-balls and was a solid middle reliever between 2022-24, but the Reds couldn’t enter the season relying on him as their best option.
The 29-year-old Ferguson is coming off a solid season split between the Pirates and Mariners. He made a career-high 70 appearances and posted a 3.58 earned run average through 65 1/3 innings. He recorded 14 holds while relinquishing five leads. Ferguson got a lot of weak contact, but he benefitted from an unsustainably low home run rate and batting average on balls in play. That will probably tick back up in 2026, though it’s possible he compensates by missing more bats than he did this past season.
Ferguson is coming off an 18.9% strikeout rate that is by far the worst mark of his career. He had punched out at least a quarter of opposing hitters in each of his first six seasons. That’d be greater cause for concern if it were accompanied by a drop in his raw stuff. Ferguson’s 94 MPH average fastball speed was in line with that of prior years. He cut back on the four-seam fastball to more frequently use a sinker against left-handed batters. The result, as one might expect, was a drop in whiffs but a spike in ground-balls. Ferguson also did a much better job throwing strikes against southpaws, whom he held to a .184/.261/.204 line with zero home runs in 115 plate appearances.
Against left-handed opposition, Ferguson used his sinker roughly half the time and threw his four-seam fastball and cutter at a near-25% clip. He only sporadically mixed in a slurve against southpaws. That was a much more frequent pitch for him without the platoon advantage. Ferguson almost never threw the sinker to righties, against whom the pitch’s arm-side run could leak back out over the heart of the plate. He instead mixed the four-seam, slurve and cutter versus opposite-handed opponents.
Ferguson is the second addition to Cincinnati’s bullpen this offseason. They also brought in out-of-options swingman Keegan Thompson on a split deal to compete for a long relief role. Their biggest move was to re-sign closer Emilio Pagán to a two-year, $20MM contract. He’ll be joined in the late innings by Graham Ashcraft, Tony Santillan and Ferguson. Power righties Connor Phillips and Zach Maxwell have the stuff to pitch their way into leverage roles as well, though it’s questionable whether either pitcher will throw enough strikes to earn that level of responsibility.
An already thin free agent lefty relief class is dwindling. The Pirates finalized their deal with Gregory Soto this morning, while the Cubs agreed to a new contract with Caleb Thielbar. Sean Newcomb, Danny Coulombe, Drew Pomeranz, Justin Wilson and Taylor Rogers are among those who remain unsigned.
More to come.




