
"In 137 2/3 innings with Cincinnati, he has posted a 3.92 ERA with a roughly average 22.5% strikeout rate and a below-average 9.3% walk rate. The highlight of his tenure was Gibaut's 2023 season, in which he had a 3.33 ERA in 75 2/3 innings out of the Reds' bullpen and allowed hard hits at a rate of just 31.8%, well below the league average of 38.2% among qualified relievers that year."
"In 25 1/3 innings across 25 appearances this year, Gibaut had a 4.62 ERA but did not miss many bats, with a mere 13.2% strikeout rate. Some of that can be attributed to injury, as his season was interrupted by two separate trips to the IL, the first coming at the end of April. Gibaut also appeared to be working with diminished stuff,"
"October 31: As expected, Gibaut elected free agency on Friday, according to the MiLB.com transaction log. October 28: Reds reliever has been activated from the 60-day injured list and sent outright to Triple-A Louisville, according to the transaction log at MLB.com. The right-hander had been on the IL with a right shoulder impingement. Gibaut has over three years of service time, so he can reject the outright assignment in favor of free agency."
Gibaut elected free agency after being outrighted to Triple-A Louisville following activation from the 60-day injured list for a right shoulder impingement. He has more than three years of service time and could reject the outright assignment. He has appeared in parts of four seasons with the Reds (2022–25), posting a 3.92 ERA across 137 2/3 innings with a 22.5% strikeout rate and a 9.3% walk rate. His 2023 season featured a 3.33 ERA in 75 2/3 innings and a low 31.8% hard-hit rate. Forearm nerve surgery limited him in 2024, and 2025 showed reduced velocity, lower strikeouts, and multiple IL stints.
 Read at MLB Trade Rumors
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