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The Reds declined Hays' $12 million mutual option for 2026 on Wednesday.

Hays will be given a $1 million buyout. The 30-year-old slashed .266/.315/.453 with 15 home runs over 103 regular-season contests for the Reds in 2025. The right-handed-hitting Hays batted .319/.400/.549 against left-handed pitching this season and could draw interest as a short-side platoon outfielder in free agency.

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