http://www.baseball-reference.com/teams ... ries.shtml
The 2015 Reds have $80M committed to 10 players. They'll likely pick up Cueto's $10M option, which takes them to $90M. Chapman has a $5M player option that he'll probably turn down and opt for arbitration. Latos and Leake will head into their 3rd years of arbitration. Frazier and Mesoraco go into their first years of arbitration after having All-Star seasons. They'll be paying Homer Bailey $10M next year which jumps to $18M in 2016. While they don't have anyone of major importance becoming free agents (Ludwick has a mutual option), they'll be limited in what they can really do thanks to their existing contracts. Normally you'd think a team in this situation might try and make an all-in push, but they don't have any significant prospects. Not only did they not push, they didn't raise the white flag and try to start rebuilding. When you look at the guys the Cards, Pirates and Cubs have coming up it's hard to see the Reds as currently constructed doing much in the Central. There was talk Latos might be available at the deadline and I would imagine they trade him or Leake at the very least.
They also have to really hope that Votto's loss of power is injury-related and his power will rebound or else they're doomed.