RELATED: Reds players in demand at Winter Meetings
Phillips, 35, is entering the final year of a six-year, $72.5 million contract. He’s due to make $14 million this season.
The Reds, in the midst of a rebuild, are looking to trade Phillips, their longest-tenured player, and shortstop Zack Cozart to open up playing time for 22-year-olds Dilson Hererra (second base) and Jose Peraza (shortstop).
Peraza hit .324 with 25 RBIs and 21 stolen bases in 72 games for the Reds last season, and Herrera hit .274 with 15 homers and 64 RBIs in 110 Triple-A games last season.
Reds manager Bryan Price said last month at the Winter Meetings that Peraza is a "major leaguer" who "has got to play."
Phillips hit .291 with 11 home runs and 64 RBIs last season, his 11th with the Reds. A four-time Gold Glove winner and three-time All Star, Phillips came to the Reds in trade with the Indians in 2006.
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