Austin Hays: A New Chapter in Cincinnati
Former All-Star outfielder Austin Hays is putting pen to paper on a new one-year contract with the Cincinnati Reds, a deal that guarantees him $5 million. The announcement of the agreement came on January 30, and it includes a performance-based structure designed to reward Hays for his on-field contributions. At the heart of this deal is a $4 million salary for the 2023 season, with an additional $500,000 in performance bonuses available based on his plate appearances and other achievements. Hays, now 29, brings a wealth of experience and potential to the Reds, and the performance bonuses are a clear indication of the team’s belief in his ability to make a significant impact.
Performance Bonuses and Incentives
Hays’ contract is not just a straightforward salary; it includes several performance bonuses that could significantly boost his earnings. He is set to receive $100,000 for reaching 400 plate appearances, with an additional $100,000 for every 50 plate appearances beyond that, up to a maximum of 600. His All-Star appearance with the Baltimore Orioles in 2023 demonstrates his talent and potential, and the Reds are offering a $125,000 bonus if he can repeat that feat. Hays is also eligible for a $125,000 bonus for winning prestigious awards such as the Gold Glove, Silver Slugger, or Comeback Player of the Year. These incentives not only highlight his recent achievements but also challenge him to maintain and even elevate his performance levels.
A Year of Challenges and Triumphs
The 2023 season was a rollercoaster for Austin Hays. While he hit an impressive .275 with 16 home runs and 67 RBIs, the year also saw him face significant personal and health challenges. Traded to the Philadelphia Phillies on July 26, Hays struggled with a kidney infection, which affected his performance. In his 22 games with the Phillies, he managed to bat .256 with two home runs and six RBIs. Despite the health issues, Hays finished the season strong, posting a .303 average, five home runs, and 20 RBIs. His resilience and ability to bounce back from adversity are traits that the Reds value highly, and they are investing in a player who has shown the capacity to overcome significant obstacles.
Free Agency and a Fresh Start
After the 2023 season, Hays became a free agent when the Philadelphia Phillies decided not to offer him a contract for 2025. This decision opened the door for the Reds to make their move. Hays’ free agency status allowed him to explore different opportunities, and the Reds’ offer presented a compelling choice. With a guaranteed salary and the potential for significant performance bonuses, Hays sees this as a fresh start and an opportunity to showcase his talents on a new platform. The mutual option for 2026, valued at $12 million with a $1 million buyout, adds an extra layer of security and motivation, ensuring that both the player and the team have a vested interest in his success.
Wade Miley: A Veteran Addition
In addition to signing Hays, the Cincinnati Reds also made a notable move by inking left-hander Wade Miley to a minor league contract on February 4. Miley, a 39-year-old veteran, has a storied career that includes an All-Star appearance with Arizona in 2012. His contract offers a $2.5 million salary while he is in the major leagues and a $300,000 salary if he is added to the 40-man roster while in the minors. The Reds have also structured performance bonuses into Miley’s deal, allowing him to earn up to $1.5 million based on the number of innings he pitches. Specifically, he will receive $15,000 for each inning pitched from one through 100. This arrangement is designed to incentivize Miley to stay healthy and contribute effectively to the team.
A Return from Injury
Wade Miley’s recent history includes a tough stretch with the Milwaukee Brewers, where he struggled in two starts in April 2023, posting a 0-1 record and a 6.43 ERA. However, these setbacks were compounded by his need for Tommy John surgery on May 7, which is a significant procedure that often requires a lengthy recovery period. Despite the challenges, Miley’s resilience and experience make him a valuable addition to the Reds’ roster. The performance bonuses in his contract serve as a carrot, encouraging him to work hard and return to form. With a career record of 108-99 and a 4.07 ERA over 14 major league seasons, Miley has a track record of success that the Reds are eager to tap into. Both Hays and Miley bring a combination of talent, experience, and a drive to prove themselves, making the Reds’ offseason moves promising for the 2023 season and beyond.
