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Cincinnati RedsBob Castellini group · since 2006
Payroll data through2026
Value 2026$1.6BPayroll rank20 of 30Spending index72.8
Cincinnati Reds Ownership
Owner: Bob Castellini group · since 2006 · NL Central
Budget generosity37below the median
Patience26very quick to change
Win-now or build47balanced
Last five seasons+0.4 a yearsteady
- Bob Castellini group: over 21 seasons (2006 to 2026) the club paid on average 0.83 times the league median payroll and ranked 20 on average. Best payroll rank 13th (2013); worst 25th (2016, 2017, 2018 and others).
- Last five seasons (2022 to 2026): 0.7 times the median, average rank 22.4.
- The club named 5.5 new managers per ten seasons (2006 to 2025); the league average over the same seasons was 3.7.
- After a losing season (win percentage under 0.480) the spending index moved -1.1 points on average, across 10 such seasons.
Scores run 0 to 100 and describe what the club did under this owner: budget generosity is payroll relative to the league median (50 is the median, 100 is double); patience is how rarely the club changes managers; win-now or build is whether payroll rose or fell after a losing season. They are our summary of public numbers, not a judgment of a person.
- Owner
- Bob Castellini group
- Principals
- Bob Castellini, Phil Castellini
- Owner since
- 2006
- Reported price
- $270 million
- Forbes value (2026)
- $1.6B
- Revenue
- $336M
- Operating income
- $26M
- Payroll 2026
- $128.2M, rank 20 of 30
- Seasons over the tax line, 2003 to 2025
- 0
- Tax paid 2022 to 2025
- $0
| # | Owner or group | Seasons | Type | Reported price | Notes |
|---|---|---|---|---|---|
| 1 | Marge Schott | 1985 to 1998 | individual | Not public | Schott bought a minority interest in 1981; after the 1999 sale she kept a minority interest and never again directed the team's operations. |
| 2 | Carl Lindner group | 1999 to 2005 | group | $67 million | |
| 3 | Bob Castellini group Bob Castellini, Phil Castellini | 2006 to now | group | $270 million | One biography gives Bob Castellini's time as principal owner as 2006 to 2026 and says his son Phil now takes his spot; the club page and the principal owners list still name him. Treated here as one continuous Castellini era. |
| List year | Value | Revenue | Operating income |
|---|---|---|---|
| 2026 | $1.6B | $336M | $26M |
| 2025 | $1.32B | $325M | $29M |
| 2024 | Data pending | Data pending | Data pending |
| 2023 | $1.19B | $250M | -$10M |
| 2022 | $1.19B | $266M | $0M |
| 2021 | $1.1B | Not listed | Not listed |
| 2020 | $1.1B | Not listed | Not listed |
| 2019 | $1.1B | Not listed | Not listed |
| 2018 | $1B | Not listed | Not listed |
| 2017 | $915M | Not listed | Not listed |
| 2016 | $905M | Not listed | Not listed |
| 2015 | $885M | Not listed | Not listed |
| 2014 | $600M | Not listed | Not listed |
| 2013 | $546M | Not listed | Not listed |
- 1Marge Schott 1985 to 1998
- 2Carl Lindner group 1999 to 2005
- 3Bob Castellini group 2006 to now
| Season | Owner | Payroll | Rank | Index | Payroll share of revenue | Record | Playoffs | Over tax line |
|---|---|---|---|---|---|---|---|---|
| 2026 | 3 | $128.2M | 20 of 30 | 72.8 | 75-87 | No | ||
| 2025 | 3 | $119.0M | 23 of 30 | 73.8 | 35.4% | 83-79 | Yes | No |
| 2024 | 3 | $102.3M | 25 of 30 | 63.7 | 31.5% | 77-85 | No | No |
| 2023 | 3 | $98.7M | 23 of 30 | 61.9 | 82-80 | No | No | |
| 2022 | 3 | $115.4M | 21 of 30 | 76.8 | 46.2% | 62-100 | No | No |
| 2021 | 3 | $126.6M | 16 of 30 | 94.6 | 47.6% | 83-79 | No | No |
| 2020 | 3 | $55.5M | 18 of 30 | 86.9 | 31-29* | Yes | No | |
| 2019 | 3 | $128.7M | 17 of 30 | 91.7 | 75-87 | No | No | |
| 2018 | 3 | $100.3M | 25 of 30 | 71.1 | 67-95 | No | No | |
| 2017 | 3 | $96.4M | 25 of 30 | 68.1 | 68-94 | No | No | |
| 2016 | 3 | $88.6M | 25 of 30 | 65.9 | 68-94 | No | No | |
| 2015 | 3 | $112.3M | 18 of 30 | 95.0 | 64-98 | No | No | |
| 2014 | 3 | $113.4M | 15 of 30 | 102.6 | 76-86 | No | No | |
| 2013 | 3 | $103.8M | 13 of 30 | 103.7 | 90-72 | Yes | No | |
| 2012 | 3 | $89.9M | 19 of 30 | 91.7 | 97-65 | Yes | No | |
| 2011 | 3 | $81.9M | 20 of 30 | 86.5 | 79-83 | No | No | |
| 2010 | 3 | $76.2M | 18 of 30 | 92.7 | 91-71 | Yes | No | |
| 2009 | 3 | $73.6M | 19 of 30 | 90.7 | 78-84 | No | No | |
| 2008 | 3 | $74.1M | 18 of 30 | 92.7 | 74-88 | No | No | |
| 2007 | 3 | $68.5M | 20 of 30 | 81.0 | 72-90 | No | No | |
| 2006 | 3 | $60.9M | 22 of 30 | 84.6 | 80-82 | No | No | |
| 2005 | 2 | $61.9M | 18 of 30 | 93.5 | 73-89 | No | No | |
| 2004 | 2 | $46.6M | 24 of 30 | 74.8 | 76-86 | No | No | |
| 2003 | 2 | $59.4M | 17 of 30 | 86.0 | 69-93 | No | No | |
| 2002 | 2 | $45.1M | 23 of 30 | 73.7 | 78-84 | No | ||
| 2001 | 2 | $49.0M | 21 of 30 | 76.5 | 66-96 | No | ||
| 2000 | 2 | $46.9M | 21 of 30 | 82.9 | 85-77 | No | ||
| 1999 | 2 | $34.0M | 22 of 30 | 68.2 | 96-67 | No | ||
| 1998 | 1 | $23.0M | 27 of 30 | 54.2 | 77-85 | No | ||
| 1997 | 1 | $49.8M | 7 of 28 | 118.9 | 76-86 | No | ||
| 1996 | 1 | $42.5M | 6 of 28 | 126.2 | 81-81 | No | ||
| 1995 | 1 | $43.1M | 6 of 28 | 125.5 | 85-59 | Yes | ||
| 1994 | 1 | $41.0M | 6 of 28 | 123.9 | 66-48 | No | ||
| 1993 | 1 | $44.9M | 2 of 28 | 132.5 | 73-89 | No | ||
| 1992 | 1 | $35.9M | 7 of 26 | 117.5 | 90-72 | No | ||
| 1991 | 1 | $26.3M | 9 of 26 | 113.7 | 74-88 | No | ||
| 1990 | 1 | $14.4M | 21 of 26 | 81.7 | 91-71 | Yes | ||
| 1989 | 1 | $11.1M | 20 of 26 | 75.9 | 75-87 | No | ||
| 1988 | 1 | $8.9M | 21 of 26 | 72.1 | 87-74 | No | ||
| 1987 | 1 | $9.3M | 18 of 26 | 82.2 | 84-78 | No | ||
| 1986 | 1 | $11.9M | 12 of 26 | 103.7 | 86-76 | No | ||
| 1985 | 1 | $8.4M | 21 of 26 | 83.1 | 89-72 | No |
Owner numbers match the ownership list. Payroll is nominal dollars. * 2020 was a 60-game season. Payroll share of revenue exists for 2021, 2022, 2024 and 2025 only. The tax-line column stops at 2025 because 2026 tax bills are not known until December. How the index is built.
No owner stories are published for this club yet.
More on this club: Cincinnati Reds team page and payroll history.