Cincinnati Reds General Manager Nick Krall announced today that the Reds have traded for RHP Noe Ramirez and a player to be named in exchange for RHP Raisel Iglesias and cash.
Noe Ramirez has been a reliable reliever for the Angels the last three seasons and will look to bolster the Reds bullpen.
- 2018 – 83.1 IP, .319 xwOBA, 4.15 xERA, 3.82 xFIP
- 2019 – 67.2 IP, .287 xwOBA, 3.44 xERA, 4.07 xFIP
- 2020 – 21.0 IP, .295 xwOBA, 3.95 xERA, 5.49 xFIP
Ramirez is arbitration-eligible through the 2023 season and is estimated to make $1.1 million in arbitration this season. This is a cost-saving move, with Iglesias due to make $9.125 million in 2021. Iglesias has been a staple in the Reds bullpen the last six seasons, and it leaves a hole in the Reds bullpen for the closer, especially after RHP Archie Bradley was non-tendered last week for the Reds.
The Reds’ front office is clearly making cutting payroll a priority this offseason, but to what ends they will do so is still uncertain. The Reds do have viable options to replace Iglesias as the closer — particularly Amir Garrett, who recorded his first career save last season.
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