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Sal Stewart, Reds Open To Extension Talks

The annual crop of spring/early-season extensions is still ongoing, and while the Reds and young slugger Sal Stewart haven’t yet had any substantial talks about a deal, Stewart tells Gordon Wittenmyer of the Cincinnati Enquirer that he’s open to discussing a long-term pact. President of baseball operations Nick Krall voiced mutual interest when asked by Wittenmyer, though he gave standard caveats about asking price and finding a middle ground that works for all parties. To this point, there have not yet been substantial talks between the two sides.

“I’m definitely open to it,” said Stewart, noting how well the organization has treated him to this point in his career. “…I’m open to it because they took a chance on me when I was young, and I want to do it for this city. This city means a lot to me, and they’ve become my family.”

    Since being called to the majors as a 21-year-old late last season, the now-22-year-old Stewart has done nothing but hit. He’s taken 84 plate appearances, ripped seven homers and four doubles, and mashed to an overall .311/.393/.649 batting line. He’s walked more than he’s struck out this season and has an overall 11.9% walk rate to a 21.4% strikeout rate. Stewart has posted sensational batted-ball metrics in his young career, averaging a comical 95.5 mph off the bat with a 19.6% barrel rate and a 55.4% hard-hit rate. He shouldn’t be expected to sustain those Aaron Judge/Kyle Schwarber-esque levels, but plenty of big league hitters aren’t physically capable of even fluking their way into that type of batted-ball quality over a stretch of 24 games.

    Suffice it to say, Stewart looks the part of a middle-of-the-order slugger — precisely the type of hitter Cincinnati has struggled to develop in recent years. The former third baseman is being given every opportunity to run with the Reds’ primary first base job, and so far, the results speak for themselves. Stewart has already positioned himself for a quality payday, based on recent precedent for early-career extensions. Would the Reds pony up a competitive offer? That much remains unclear.

    “It always depends on where each side is and what each side is looking for,” Krall said on the possibility. “…You have to find the right number for the club and the player to have it make sense.”

    As MLBTR’s Contract Tracker shows, the Reds haven’t given been especially active on the extension front in recent seasons. They signed backup catcher Jose Trevino to a two-year deal guaranteeing him $11.5MM when he was on the doorstep of free agency, but that’s quite a different situation than the one in which Stewart finds himself. The only time in the past decade that Cincinnati has come to terms on a long-term deal extending club control over a pre-arbitration player is Hunter Greene‘s six-year, $53MM deal signed about three years ago. They’ve made other overtures, including a club-record offer to shortstop Elly De La Cruz last spring that didn’t come to fruition. Joey Votto‘s 10-year, $225MM deal is the largest in franchise history.

    [Related: Largest contract in franchise history for every MLB team]

    Stewart, coincidentally, is represented by the same agency as Votto. He and his team at MVP Sports Group won’t be seeking an arrangement of that magnitude, but recent precedent can provide some context on what Stewart might reasonably command.

    Again using MLBTR’s Contract Tracker, there have only been eight extensions over the past decade for position players with between one day and 171 days (one day shy of a year) of major league service time. Those deals range from Ceddanne Rafaela (another MVP client) signing at eight years and $50MM to Julio Rodríguez landing a 12-year, $210MM contract in Seattle. Four additional extensions for players with zero big league service include Detroit’s Colt Keith (six years, $28.6MM plus three options), Milwaukee’s Cooper Pratt (eight years, $50.75MM plus two options), Milwaukee’s Jackson Chourio (eight years, $82MM plus two options) and Seattle’s Colt Emerson (eight years, $95MM plus one option).

    Stewart’s offensive upside is considerably greater than that of Rafaela, meaning he could reasonably expect larger arbitration paydays and thus a larger guarantee on the contract. Conversely, Rodriguez had close to a year in the majors by the time he signed his deal. He’d already made the 2022 All-Star team and was the clear frontrunner in an AL Rookie of the Year race he’d eventually win with 29 of 30 first-place votes.

    Landing between those two extremes would make sense. The Orioles got catcher/first baseman Samuel Basallo to sign for eight years and $67MM near the end of the 2025 season, just days after he’d first been summoned to the majors. Corbin Carroll had roughly the same number of games and plate appearances as Stewart when he signed for eight years and $111MM, though he was a more well-rounded prospect who offered huge baserunning/defense value on top of his bat. Stewart is more of a bat-first prospect, but the early returns on that bat are hard to ignore.

    Aside from the previously mentioned six-year deal for Greene, the Reds don’t have much on the long-term books. Greene is signed through 2028 with a club option for 2029. He’s guaranteed a total of $41MM from 2026-28, or $60MM through 2029 if the option is exercised. Ke’Bryan Hayes is signed through 2029 but for a more modest total of $36MM (including the buyout on a 2030 option). No one else is is signed beyond the 2027 season. Closer Emilio Pagán and the aforementioned Trevino are the only players even guaranteed anything for 2027 — and Pagán could opt out following the current season.

    That leaves the Reds on the hook for a total no greater than $42MM in any of the next four seasons. Obviously, there are arbitration salaries that’ll factor in to increase that number, and future trades and free agent acquisitions will also alter that bottom line. For the time being, however, there’s no financial roadblocks in place for a Stewart deal, especially considering that the early seasons of an extension would probably come with minimal salaries. Since contract extensions typically (albeit not always) mimic a player’s would-be earning progressions throughout arbitration, Stewart’s salary probably wouldn’t begin to really climb until after the very end of the club’s control windows over Greene and Hayes.

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