For about half of a day on Friday there was at least a tiny bit of hope that Nick Castellanos could return to Cincinnati. Jon Heyman reported that the Reds were one of the teams still expressing interest in the All-Star outfielder, though the Phillies were seemingly the favorite to get a deal done. And just before midnight that’s exactly what happened. Castellanos signed a 5-year deal worth $100M and it includes no opt-out years according to Bob Nightengale of USA Today.
While the Reds came up short in regards to bringing back the outfielder, they did pick up an additional draft pick by offering Nick Castellanos a qualifying offer last October that he turned down while then signing a deal for $100M. Cincinnati picks up a pick that will be between the 1st round and the competitive balance A round in the 2022 MLB draft.
We don’t yet know exactly which pick that will be, but it will be after the 31st pick. Cincinnati will pick 18th overall after finishing 83-79 last season. They will then also get a pick in the 30’s as compensation for Castellanos signing elsewhere.
It’s going to be a while before that takes place, though. Earlier this week we learned that the 2022 Major League Baseball Draft will once again be held during All-Star weekend. That means that the draft will happen over a 3-day period from July 17th through July 19th. The 1st and 2nd rounds will be on the 17th, rounds 3-10 will be on the 18th, and rounds 11-20 will be on the 19th.
Whether the Reds had true interest in Nick Castellanos, we don’t really know. But if they were, it indicates that they still have plenty of money to spend if they so choose. While it’s possible they weren’t willing to match the $20M per year that the Phillies offered, if they were truly interested you have to imagine that they were at least willing to go with something above $15M per season – which gives them options on the markets if they opt to try and continue to add new players after trading away Jesse Winker, Eugenio Suárez, and Sonny Gray in the past week.