In November of 2023, Nick Martinez signed a one-year, $14 million contract with the Reds, which included a $12 million player option for 2025. However, in November of 2024, he declined the option. Martinez had a successful season in 2022 with the Padres, transitioning from a starter to a long reliever and finishing with a solid 3.47 ERA, earning holds and saves as a fill-in closer.
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