Cincinnati Reds reliever Emilio Pagán has declined his player option for the 2027 season, making him a free agent this offseason. The right-hander appeared in 62 games for the Reds in 2026, posting a 3.82 ERA with 68 strikeouts over 61.1 innings.
Pagán joined Cincinnati on a two-year contract before the 2025 season that included a player option for the final year. By declining that option, the 34-year-old veteran will test the open market after two seasons with the club.
The Reds acquired Pagán from the Minnesota Twins in a trade that sent prospects to Minnesota. He served primarily as a setup man and occasional closer during his tenure in Cincinnati, converting 12 saves in 2026.
