What a mess, though honestly my initial reaction is that I want to see what the offer really was before I fully form an opinion overall, at least on an emotional level. Nutting is utter and complete shit, there's no reason to even go into it. I've gone back and forth on Cherington, and agree with the sentiment that if a trade ultimately happened, he needed to be more decisive and trade earlier -- to just expand on that a bit, punting on 2022 and then having stuff go sideways is maybe a nail in the coffin in terms of indecision. Had he spent modestly on a couple of free agents or trades a la what he has done early this offseason, and then last year's team wins 75 or so, and is looking for further steps forward this year, maybe it's a different story. But instead it was a 100 loss team with tons of waiver and reclamation trash cycling through it.
All that said, and maybe this is a hot take, but I'm not so sure I have any sympathy whatsoever for Reynolds. Unless the offer was pretty bare minimum, it's a dog shit move to publicly leak this and quit on your team. This is an impression I have had about him under the radar for a while now -- he's not much of a leader. This kind of way of handling things might solidify that. I doubt we'll get even a ballpark figure for a while, but based on what has been reported about the money topping Hayes' contract, for the offer to be insulting, it would need to be 75-80M or something stretched out over tons of years, i.e. making Reynolds a Pirate for life but at a very low AAV that circumvents paying anything close to market value for his best FA years.
However, even if the offer was something like 5 years, 80-85M, while that's lower than what Reynolds might get, it's not really insulting given the situation. Even if he is traded before I hit reply on this post, the fact of a cheap 2023 salary and two more years of team control weigh heavily in what he is capable of earning even in free agency. We constantly see that even pretty good corner OFs don't get huge paydays in free agency. The sum of my reaction without knowing more particulars is that Reynolds could have at least privately informed the team before turning to publicly air things like this.
---
We'll see if and when the dust settles, but I don't think this is totally catastrophic in terms of what we can get in a trade. My immediate reaction at the level of what we should do is basically to act with extreme rapidity to trade him. Try and seize the suddenness of this news and ratchet up talks to the extreme, signaling to teams that he will be moved before the end of the winter meetings and that good offers are rolling in.
As others have said, the OF market is very weak, and you have the advantage of bringing in some teams who might be even more attracted to the fact that he has these cheap team control years. In particular, two that jump out as obvious potential suitors in this sense are Seattle and Toronto. Seattle still has the pitching depth to make something happen, though I do think a lot would come down to how big of a gamble you want to take on Kelenic as a secondary piece in a deal. My gut response is that if Gilbert was the headliner, I'd jump to do a deal for him, Kelenic, and some other secondary pieces. I think Gilbert is a top of the rotation workhorse, especially in the NL Central. I'd be surprised if Seattle considered moving him, and think the highest I'd go if I were them would be to start with Kirby, whose ceiling is a little lower IMO, but maybe I have a bad read.
Toronto is even more interesting, though it's possibly a weird and bad fit. The rumors seem to be that Toronto isn't going to get involved in a big FA signing, and so with a need for an OF as well as a lefty bat, maybe this is an opportunity they think they can't pass up. That said, the bad fit is that they don't really have prospect depth and currently are looking to move one of the three very good catchers that they have: Jansen, Kirk, or Moreno.
Jansen would not make sense, because he's good but just controllable for 2 years. Kirk could be interesting as a C and also large (literally and figuratively) DH option. Moreno is even more intriguing because of his great status as a prospect and good early showing last year. The obvious, though, is that we drafted a catcher 1.1 and arguably our best prospect is another catcher. Given that, though, if Toronto was willing to offer Kirk or Moreno as a centerpiece, I would be pretty interested in staying at that table, since that's high caliber talent that is ready to contribute immediately. Even with Moreno, there's no reason that Davis couldn't just be shuttled to a 1B role, or even still a longer-term possibility of 3 catchers on the team who all should hit well enough to play regularly. I'm going way too far into specifics now, but it wouldn't be out of the question to have one catching, one at 1B or in a corner OF, and the other at DH on the same night. The same holds for Kirk. I'd be seriously tempted, especially in the case of Moreno.