The Cincinnati Reds didn’t sign 2020 National League Cy Young Award winner Trevor Bauer after he elected free agency following the season. They did offer him a qualifying offer of $18,900,000 for the 2021 year, which was declined. With Bauer’s signing with the Los Angeles Dodgers for 3-years and $103,000,000 (Mark Feinsand of MLB.com had the details on the deal first). In the first two years he’ll make $40,000,000 and $45,000,000 – making him the highest paid player in the league for each of those two seasons. He also has the option to opt out after the 1st and 2nd seasons of his deal. The total amount of his contract tops $50,000,000, which means the Reds pick up an extra draft pick in the 2021 draft.
Cincinnati will wind up with the 30th pick thanks to the Dodgers signing Trevor Bauer. They’ll couple that with the picks in the 1st round that they already had, the 17th overall pick and the 35th overall pick that they received as a competitive balance compensation pick.
In the 2020 draft, the 30th pick came with a draft pool value of $2,365,500. That addition will take the Reds 1st round picks alone to a value of roughly $8,000,000. With how the pool allotments work in the draft these days, having that extra money could be beneficial to Cincinnati in signing players that fall a little bit in the draft if they spread things out in a more creative manner.