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Where does the Reds payroll sit? How much can they spend?

The Cincinnati Reds signed Mike Moustakas to a 4-year deal worth $64M. There’s even an option for a 5th year. And apparently yesterday saw them lose out to the Philadelphia Phillies on signing Zack Wheeler, who wound up getting 5-years and $118M. Clearly the Reds have some money they’re still sitting on and looking to spend.

The big question is, just how much is left. The Cincinnati front office hasn’t said how much they have or are willing to spend. What they have said is that the plan is to have the highest payroll ever. That could be as little as $131M.