Report: Reds May Be Negotiating Long-Term Contract With Key Starter

The Reds had eight arbitration-eligible players coming into Thursday. Tyler Stephenson is the only player that hasn't agreed to a deal.

Not reaching an agreement with Stephenson could signal several scenarios. On the one hand, it might indicate that the two sides are preparing for the arbitration process, where a neutral third party will determine Stephenson's salary for the upcoming season. This can sometimes create tension as both parties present their cases to justify their positions.

On the other hand, the lack of an agreement could mean the Reds and Stephenson are engaged in discussions about a potential multiyear extension. Such negotiations often take longer.

For a player like Stephenson, coming off a breakout season, an extension could provide security for both him and the organization while ensuring his presence as a key contributor for the Reds' future.