CINCINNATI — Wil Myers agreed to a $7.5 million, one-year contract with the Cincinnati Reds on Thursday, joining his third big league club after spending the previous eight seasons with San Diego.
Veteran catcher Curt Casali reached a $3.25 million, one-year deal with Cincinnati. The contracts for Myers and Casali each have a mutual option for the 2024 season.
Veteran infielder Mike Moustakas was designated for assignment. The 34-year-old Moustakas hit .214 with seven homers and 25 RBIs in 78 games in his last season with the Reds.
The three-time All-Star signed a $64 million, four-year contract with Cincinnati in December 2019 and has $22 million remaining in the deal. He is a .247 hitter with 203 homers and 635 RBIs in 1,315 games.
The 32-year-old Myers gets a $6 million salary next season, and his deal includes a $12 million mutual option for 2024 with a $1.5 million buyout if either side declines. He can earn an additional $1.5 million in performance bonuses for plate appearances: $100,000 for 250, and $200,000 for 300 and each additional 50 through 600. Myers would get a one-time $500,000 assignment bonus if traded.
Myers has started major league games at first base, third base and each of the outfield spots. He is a .254 hitter with 153 homers and 521 RBIs in 1,063 games.
Cincinnati went 62-100 last season. It was its first season with at least 100 losses since it went 61-101 in 1982.
Myers could be used in the outfield with the Reds. He also could see some time at first while Joey Votto works his way back from rotator cuff surgery.
Myers hit .261 with seven homers and 41 RBIs in 77 games in his final season with the Padres. He was 3 for 29 in 10 playoff appearances.
He would earn $250,000 for winning an MVP award, $200,000 for finishing second in the voting, $150,000 for third, $100,000 for fourth and $50,000 for fifth. He would get $150,000 for World Series MVP, $100,000 for League Championship Series MVP and $50,000 for a Gold Glove or Silver Slugger.
Myers' $20 million option was declined by San Diego last month, and he received a $1 million buyout that completed an $83 million, six-year contract.
Myers was selected by Kansas City in the third round of the 2009 amateur draft. He was traded to Tampa Bay in a multiplayer deal in December 2012.
The North Carolina native was the AL Rookie of the Year in 2013, hitting .293 with 13 homers and 53 RBIs for the Rays.
Myers was shipped off to San Diego in a three-team trade in December 2014. He hit 28 homers and finished with a career-best 94 RBIs and 28 steals in 2016, earning his only All-Star selection.
The 34-year-old Casali also played for Cincinnati from 2018-2020. He played for San Francisco and Seattle this year, batting .203 with five homers and 17 RBIs in 57 games.
Casali's deal includes a $2.5 million salary for next season and a $4 million mutual option for 2024 with a $750,000 buyout if either side declines. He would receive a one-time $250,000 assignment bonus if traded.
Casali could earn $25,000 each for making the All-Star team, or winning a Gold Glove or a Silver Slugger.