If you are wholly unfamiliar with how Major League Baseball arbitration cases work, this headline could sound somewhat ominous. The reality, though, is that MLB’s arb system is something of a binary system if salaries for eligible players are not hammered out and finalized by a certain date, and an independent arbiter simply gets to pick which side – the player, or the team – has a number that is most deserved.

That’s precisely what went down today between Tyler Stephenson and the Cincinnati Reds. The team’s veteran catcher had submitted a $6.8 million request for the upcoming 2026 season, and the Reds had come in with a $6.55 million number, and despite those two being incredibly close (by baseball salary standards) it was up to an arbiter to decide between the two. And, as MLB.com’s Mark Sheldon relayed, they picked Stephenson’s $6.8 million mark.

The $250K is even less significant in the grand scheme given that the 2026 season will be Stephenson’s final year of team control before he reaches free agency. Since arb salaries become benchmarks on which future year salaries are built, a difference of even that amount in a first year of arbitration could end up escalating further in each of the subsequent trips through the process, but in Stephenson’s case, this is obviously the last time he’ll be doing that.

It remains to be seen whether this February will also be the final time he reports to Goodyear, Arizona as a catcher in a Reds uniform. The Reds went out and acquired Jose Trevino this time last winter to augment the catching mix and immediately signed him to a contract extension through at least 2027 (and potentially 2028), and top catching prospect Alfredo Duno has rocketed up the rankings after his monster 2025 in the minors. That means the writing may be on the wall for Cincinnati’s 1st round pick from back in 2015, but it could also be the right kind of fuel for him to do everything he can to have a monster platform season in 2026 before hitting free agency.

Regardless, one final, major piece of the roster puzzle for 2026 has been adjudicated.