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Cincinnati Reds Sign MLB Free Agent RHP Keegan Thompson, Former Cub, to 1-Year Deal

The Reds signed Keegan Thompson to add pitching depth after five pitchers from their 2025 playoff roster entered free agency, securing a $1.3 million major league deal.

  • On Tuesday, right-hander Keegan Thompson and the Cincinnati Reds agreed to a one-year contract paying $1.3 million in the majors and $350,000 in the minors.
  • Facing offseason departures, the Reds signed Thompson to add depth after five pitchers from their 2025 playoff team filed for free agency, aiming to give manager Terry Francona more roster options.
  • A 30-year-old, Thompson posted strong Triple-A numbers last season, going 6-2 with a 4.50 ERA in five starts and 28 relief appearances for Triple-A Iowa and pitched for the Chicago Cubs from 2021-24.
  • A split contract structure gives Thompson both major- and minor-league pay with incentives, including prorated big-league pay and up to $100,000 in performance bonuses paid in $10,000 increments tied to games, innings and starts.
  • After an 83-win season, Cincinnati faces constrained payroll as it builds toward 2026, with team president Nick Krall saying, `Our 2026 payroll will be around the same as our payroll from 2025` and the Reds ranked 23rd this year at about $119 million.
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Pitcher Keegan Thompson and Reds agree to $1.3 million, one-year contract

Right-hander Keegan Thompson and the Cincinnati Reds have agreed to a one-year contract that pays $1.3 million while in the major leagues and $350,000 while in the minors.

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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, November 4, 2025.
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