Despite the Reds’ situation as a rebuilding club, general manager Nick Krall has remained engaged in talks about potential moves for this offseason this week during the annual GM Meetings in Las Vegas.

Without specifying a payroll figure for 2023, Krall said there was some financial flexibility to make additions that could improve the roster.

“We’re pretty much where we are. We’ve got a range, but we’re trying to figure out how we can make this team the best we can,” Krall said. “We’re talking to every team and agents and trying to figure out what our options are.”

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Following a 2022 season that saw a roster teardown and cost reductions to remove several veteran players, Cincinnati has only two guaranteed contracts on its ledger heading into 2023 in first baseman Joey Votto and infielder Mike Moustakas. There are currently 10 players eligible for arbitration, but that could change before the Nov. 18 non-tender deadline.

Where do the Reds need to upgrade? There are several spots, including the outfield, bullpen and rotation, but Krall did not list a top priority.

“We struggled across the board and lost 100 games,” he said. “We need to make sure we’re doing everything we can to make this team better, whether it’s incrementally or if we can make a larger move -- to figure out what that is. We’re just trying to figure out how to get better, one day at a time.”

The trades during Spring Training and ahead of the Trade Deadline significantly upgraded Cincinnati’s Minor League system. Even before the deals, the club featured several young players on its roster. But only one acquired prospect -- infielder Spencer Steer -- was at Triple-A and reached the big leagues last season.

Other top prospects in the system, including shortstops Elly De La Cruz and Noelvi Marte, have more development ahead and aren’t expected to be rushed upward. Until more prospects are ready, Krall will have to continue to find ways to bridge the gaps on the roster.

“I’m really excited about where our younger guys are,” Krall said. “We’ve had Hunter Greene, Nick Lodolo, Graham Ashcraft, Tyler Stephenson -- it’s been good to get those guys there. We have some other players that are in the Minor Leagues, and they need to develop and continue to work up the ladder, step by step. Some are going to be ready for the big leagues now. Some are going to be ready midseason, next season, whatever it is. I think for us, just continuing to produce young talented players and develop them into quality big leaguers.”

Meanwhile, the Reds are still working through the process of changes on manager David Bell’s coaching staff. Five coaches were dismissed on Oct. 6 and on Tuesday, a sixth departed when assistant pitching coach Eric Jagers joined the Mets as their new director of pitching development.

“We’ve gone through the interviews the last couple of weeks,” Krall said. “We’re making progress. I think in the next week or two, we should have some of those spots filled.”