The Reds have activated reliever Caleb Ferguson from the 15-day injured list, according to Charlie Goldsmith of Charlie’s Chalkboard. Zach Maxwell is being recalled from Triple-A. Connor Phillips and Jose Franco are being optioned in corresponding moves.

Ferguson signed with the Reds on a one-year, $4.5MM deal back in December. He has not yet appeared in 2026, instead beginning the year on the IL with an oblique muscle strain. That was Ferguson’s first IL placement since 2022, so the Reds are likely confident he can return as the durable groundball specialist that he was from 2023-25.

Ferguson had a 3.85 ERA in an even 180 innings in that span, which he split between five teams. His ERA peaked at 4.64 in 2024, although that came with a .340 opponents’ average on balls in play, suggesting Ferguson was due for regression. Indeed, Ferguson lowered his ERA to 3.58 in 2025, albeit with interesting trends in his peripherals. After striking out 26.9% of opponents in 2024, that fell to 18.9% in 2025, well below the league average. On the flip side, Ferguson upped his groundball rate to 48.7% and did very well at keeping the ball in the yard, allowing just two long balls in 65 1/3 innings.

Ferguson’s velocity didn’t change all that much from 2024-25. That said, the lefty decreased his four-seam usage by 11.7% in favor of his sinker, which Ferguson now used 23.2% of the time. That could partly explain the uptick in groundballs, although the drop in strikeouts was more puzzling given Ferguson’s similar velocity to 2024. Coming off his injury, the Reds can probably expect an ERA in the mid- to upper-3.00’s and an above-average groundball rate from Ferguson, and ideally some recovery of the strikeouts.

More to come.