Let's talk about money, shall we? Namely, how much cash the Reds are projected to shell out to their arbitration-eligible players for the 2013 season. But first, what exactly is salary arbitration and how does it work? Baseball Prospectus helps shed some light to those questions with a brief crash course:
In mid-January, each side to the dispute submits a salary figure to a panel of independent arbitrators. After a few hours of hearings, held in early February, the arbitrators pick one figure or the other. The arbitrator cannot "split the baby" and settle on a salary in the middle of the spread between the club's figure and the player's. One side leaves the arbitration a winner and the other a loser, heightening risk and encouraging negotiation and settlement.
By my count, Cincinnati has approximately seven arbitration-eligible players on their current roster. Here is a list of those players along with their projected 2013 salaries, courtesy of estimations produced by MLBTR: