As Doug Gray at RedsMinorLeagues.com puts it:
Where Cincinnati, and other teams, could make their real gains in the pitch, is in player performance philosophies, a willingness to let him play in the field and pitch, as well as why your team is the best fit for him.
Now, claiming you're winning right now, won't be a way the Reds can compete in this market. But, selling him on being the piece that makes them ready to win, could be. "We have arguably the best hitter alive in Joey Votto. We have a young core of offense under team control for quite a while that includes (name your players here) that can and will grow with you over the next five-to-six years."
Reds general manager Dick Williams and other club representatives were in Japan to see Ohtani play in October according to MLB.com.
Although the organization has never signed a Japanese player, the Reds have historically been very active on the international market, including recent signings of Cubans Aroldis Chapman, Raisel Iglesias, Jose Isreal Garcia, Vladimir Gutierrez and Alfredo Rodriguez.