There is no template for a mid market team that works long term.
https://www.spotrac.com/mlb/payroll/
Check out the team payroll list. The top payroll teams are mostly the contending teams. A few teams below average in spending are contending, but they don’t contend every year, only when things go right.
You either have to spend like the big boys, or hope you have a decent stretch of a few years of winning. the Reds are trying something new, creative. Maybe it works. Maybe it doesn’t. But I like it better than just waiting around for a short run of winning every 15 years.