CINCINNATI —
The Cincinnati Reds have agreed to their first deal of the offseason.
The Reds announced on Thursday that they would be extending the contract of utility player Oswaldo Cabrera, a 27-year-old Venezuelan national, to remain in Cincinnati for another year.
As part of the deal, Cabrera agreed to a one-year contract worth $1 million, with the former Yankee retaining the ability to earn an additional $200,000 based on his appearances at the plate throughout the season.
Cabrera was previously claimed off waivers by the Reds last month in the final week of the MLB regular season.
He then played just four games for Cincinnati, where he put up an impressive batting average of .308 over his 13 plate appearances against the Cubs, Braves, and Blue Jays.
Cabrera had previously spent most of the 2026 season with the Scranton/Wilkes-Barre RailRiders — a minor league affiliate of the Yankees — where he finished the season with a .288 batting average and .789 OPS that saw him hit 19 home runs and 69 RBIs over 122 games.
Adding to his appeal for the Reds, Cabrera has shown significant promise in his ability to rotate across multiple positions, starting everywhere on the field except as catcher in either the major or minor leagues before.
The retention of a recent minor league prospect also appears to help advance the team’s focus on developing younger, less-established talent, with All-Star players Sal Stewart and Chase Burns each having breakout seasons last year in what was otherwise a forgettable season for the Reds.