Spotrac's MLB Offseason recap series begins with a look at the NL Central, led by a Cubs team that has ramped up, Pirates & Reds teams looking for magic, a Brewers team looking to win on value, and a Cardinals roster at a standstill.
Chicago Cubs
The Cubs carried the 9th largest tax payroll in 2024, finishing just over the $237M threshold last season. They enter 2025 with a $210M CBT estimate, 14th in MLB and around $36M under the threshold ($241M).
2025 Projections
84.5 wins, 1st in the NL Central
Notable Subtractions
The Cubs retained $2.5M of Cody Bellinger’s salary per his trade to the Yankees.
(OF) Cody Bellinger
(3B) Isaac Paredes
(SP) Kyle Hendricks
(RP) Hayden Wesneski, Jorge Lopez, Drew Smyly
Notable Additions
Tucker is the big catch this offseason, but the Cubs weren’t shy about adding pieces to the bullpen this winter as well. They were one of the most aggressive trade teams, a trend that could continue into the season as they see fit. Chicago spent $56.25M in free agency this season, 15th in the league.
Via Free Agency
(SP) Matt Boyd, $12.5M
(C) Carson Kelly, $5M
(SP) Colin Rea, $4.75M
(RP) Caleb Thielbar, $2.75M
(INF) Jon Berti, $2M
Via Trade
(OF) Kyle Tucker
(2B) Vidal Brujan
(SP) Cody Poteet
(RP) Ryan Pressly, Ryan Brasier, Eli Morgan
Prospects/Farm System
The Cubs farm system currently ranks 15th according to Baseball America, led by top prospect Matt Shaw (3B). The pool is thin when it comes to pitching, but is loaded with middle infielders.
Top 100 Prospects
(3B) Matt Shaw, (OF) Owen Caissie, (C) Moises Ballesteros, (2B) James Triantos, (OF) Kevin Alcantara, (SS) Jefferson Rojas, (SP) Cade Horton
2025 Storylines
- Can Nico Hoerner prove he belongs in the mix long-term?
- Will the Cubs aggressively try to keep top pending free agent Kyle Tucker off of the open market?
- Is the bullpen deep enough to make this team a legit NL Central contender?
Cincinnati Reds
The Reds posted the 25th highest tax payroll in 2024, finishing just over $123M ($114M under the threshold). They enter 2025 with a $124M CBT estimate, 22nd in MLB and around $117M under the $241M threshold.
2025 Projections
78 wins, 4th in the NL Central
Notable Subtractions
Jonthan India’s trade to Kansas City brought back Brady Singer, who currently slots in as the SP2 for Cincinnati in 2025. Both players are arb-eligible again in 2026.
(1B) Ty France
(2B) Jonathan India
(SS) Amed Rosario
(C) Luke Maile
(RP) Justin Wilson, Fernando Cruz, Buck Farmer, Jacob Junis
Notable Additions
Martinez surprised a few when he signed his qualifying offer, though it does represent a $9M raise from the $12M player option he declined this fall. Lux fills a much needed utility role for this Reds team defensively, while Rogers slots in as a very formidable setup reliever for Alexis Diaz in 2025.
The Reds spent $10M in free agency, 27th in MLB.
Via Free Agency
(SP) Nick Martinez, $21.050M (qualifying offer)
OF) Austin Hays, $5M
(SP) Scott Barlow, $2.5M
Via Trade
(SP) Brady Singer
(2B) Gavin Lux
(RP) Taylor Rogers
(C) Jose Trevino
Prospects/Farm System
The Reds farm system currently ranks 10th according to Baseball America, led by top prospect Rhett Lowder (P). This is a pool flush with pitching, especially starting pitchers, but could use a few more impact bats as the Reds look to push toward contention.
Top 100 Prospects
(SP) Chase Burns, (SP) Rhett Lowder, (2B) Sal Stewart, (3B) Cam Collier, (SS) Edwin Arroyo
2025 Storylines
- Will new manager Terry Francona bring a little more magic to this young team?
- The Reds lost 4 significant relievers this winter and only replaced about half of that production on paper. Still work to do?
- Can a young OF core (Hays, Friedl, Fraley, Fairchild) develop into an MLB-producing group? They combined for a 26th ranked 1.7 WAR in 2024.
- Are we on the cusp of an Elly De La Cruz MVP-candidacy season, and the next massive MLB extension?
Milwaukee Brewers
The Brewers easily won the NL Central in 2024, posting 93 wins against an 18th highest $162M tax payroll last season. They’ve trimmed down financially quite a bit heading into 2025, currently projecting toward a $131M CBT payroll (23rd in MLB).
2025 Projections
81 wins, 2nd in the NL Central
Notable Subtractions
Adames becomes the new centerpiece in San Francisco, to be replaced by youngster Joey Ortiz in Milwaukee going forward. It’s an upgrade defensively, but quite a drop-off at the plate currently speaking. The big, though expected, move came in swapping closer Devin Williams to the Yankees, officially handing the keys to the role over to Trevor Megill for the upcoming season.
(SS) Willy Adames
(C/DH) Gary Sanchez
(SP) Frankie Montas, Colin Rea
(RP) Devin Williams, Joe Ross, Hoby Milner, Bryse Wilson
Notable Additions
It’s been a winter of subtraction for the Brewers who added a few minor-league level players on near-minimum salaries, and acquired SP Nestor Cortes from NY in the Devin Williams swap. If they’re in the mix come July, this is a team poised to be active at the deadline in order to bulk up for the stretch run.
The Brewers spent $2.6M in free agency, 29th in MLB.
Via Free Agency
(SP) Elvin Rodriguez, $900,000
(RP) Grant Wolfram, $760,000
Via Trade
(SP) Nestor Cortes
(RP) Grant Anderson
Prospects/Farm System
The Brewers farm system currently ranks 9th according to Baseball America, led by top prospect Jesus Made (SS). Milwaukee continues to use both the International pool and strong drafting habits to keep themselves near the top of the league from a prospect standpoint, and are certainly reaping some of those benefits with the likes of Jackson Chourio at the MLB level.
Top 100 Prospects
(C) Jefferson Quero, (SS) Jesus Made, (SS) Cooper Pratt, (P) Jacob Misiorowski
2025 Storylines
- Will their win total and respective place in the standings mimic a “subtraction-first” offseason?
- If the wheels fall off early, will the Brewers rip this roster down to studs? (1B) Rhys Hoskins, (SP) Aaron Civale, (SP) Freddy Peralta, (SP) Nestor Cortes are all fairly obvious trade-away candidates.
- Jackson Chourio gave us our first sniff at the production he can provide. Will the 21-year-old find another gear in 2025?
Pittsburgh Pirates
The Pirates found themselves in the NL Central basement yet again in 2024, posting the 26th highest tax payroll at just under $123M. They’ve gone young and cheap again this winter, heading toward 2025 with a $110M projected payroll, 26th in MLB, and $131M under the $241M threshold.
2025 Projections
77 wins, 5th in the NL Central
Notable Subtractions
Pittsburgh put their stamp on the offseason early, non-tendering notable players De La Cruz & Joe, turning to cheaper, more short-term options in each case.
(OF) Connor Joe
(OF) Bryan De La Cruz
(SP) Luis Ortiz
(RP) Aroldis Chapman
Notable Additions
The big add here is Horwitz, though he’ll miss a few months after undergoing wrist surgery this month. The 27-year-old has 5+ years of team control ahead of him still, and could quickly become a piece of this core lineup going forward.
The Pirates spent $19.95M in free agency, 22nd in MLB.
Via Free Agency
(DH) Andrew McCutchen, $5M
(OF) Tommy Pham, $4.025M
(RP) Caleb Ferguson, $3M
(2B) Adam Frazier, $1.525M
(RP) Tim Mayza, $1.150M
Via Trade
(1B) Spencer Horwitz
(RP) Peter Strzelecki
Prospects/Farm System
The Pirates farm system currently ranks 16th according to Baseball America, led by top prospect Bubba Chandler (P). Pittsburgh remains flush with young pitching talent, but has little to say in terms of up-and-coming bats to make this a productive, winning lineup anytime soon.
Top 100 Prospects
(SP) Bubba Chandler, (SS) Konnor Griffin, (SP) Thomas Harrington, (2B) Termarr Johnson
2025 Storylines
- Pittsburgh entered the winter with the most exciting young player (Paul Skenes) and did little to nothing to build around him - especially as he offers maximum financial value.
- Recent deals for Mitch Keller & Bryan Reynolds were certainly a step in the right direction for this franchise, but until they get serious from all avenues (free agency, veteran extensions, large-scale trades), they’ll be categorized as not having done enough.
- Will Skenes get a full workload in 2025 - and remain healthy during it? Will the Pirates aggressively try to sign their golden goose?
- Can CF/SS Oniel Cruz put in a healthy campaign and put himself back in the category of one of MLB’s bright young stars?
St. Louis Cardinals
The Cardinals tied with CHC for 2nd in the NL Central last season, boasting a 14th-ranked $207M tax payroll throughout the 2024 season. They’ve trimmed back significantly this past winter, heading into 2025 with a $158M projected payroll, 18th in MLB.
2025 Projections
79 wins, 3rd in the NL Central
Notable Subtractions
Goldschmidt leaves for NY, allowing Willson Contreras a chance to move into the first base spot on a regular basis. St. Louis spent the better part of 4 months trying to add 3B Nolan Arenado to this list, but haven’t come to trade terms for the time being.
(1B) Paul Goldschmidt
(RP) Andrew Kittredge
Notable Additions
None. The answer here is none. The Cardinals haven’t added a single player via trade or free agency thus far.
Via Free Agency
N/A
Via Trade
N/A
Prospects/Farm System
The Cardinals farm system currently ranks 18th according to Baseball America, led by top prospect JJ Wetherhold (SS). There’s a good mix of hitting and pitching in the system, and their current Top 100 prospects are a star SS, and two top of the rotation projected starting pitchers. There’s a path forward here for sure.
Top 100 Prospects
(SS) JJ Wetherholt, (SP) Quinn Mathews, (SP) Tink Hence
2025 Storylines
- How long will it take St. Louis to find the right mix of retained salary/trade price to get Arenado out the door?
- Closer Ryan Helsley is a pending UFA after 2025. The Cardinals will want to maximize his trade value as soon as possible.
- All things considered, and despite a complete zero in offseason adding, this is still a legitimate division contending team. Their “rebuild on the fly” might make for interesting midseason decisions.