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Free-agent left-handed reliever Caleb Ferguson agreed to an undisclosed one-year deal with the Cincinnati Reds on Tuesday, pending a physical, a source told Ken Rosenthal of The Athletic. Ferguson brings much more real-life value to Cincinnati's bullpen for the 2026 season than he carries fantasy appeal. The 29-year-old southpaw appeared in a career-high 70 games with the Pittsburgh Pirates and Seattle Mariners last season over 65 1/3 innings pitched. He had a combined 3.58 ERA (3.26 FIP) and 1.16 WHIP with 51 strikeouts and 22 walks. Ferguson's strikeout rate dropped to a career-low 18.9% in 2025, but he held left-handed hitters to a weak .184/.261/.204 slash line on the year. He'll continue to be a lefty specialist in 2026 for the Reds and won't carry any real fantasy appeal.--Keith Hernandez
Source: The Athletic - Ken Rosenthal
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