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2024
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MINNESOTA TWINS PLAYER PAYROLL▼
| Estimated 2024 Payroll: | $130M | Legend: | FREE AGENT | Club Option | Player Option | Mutual Option | Vesting Option | |
|---|---|---|---|---|---|---|---|---|
| Estimated Final 2023 Payroll: | $158M | Estimated Value|Money Owed to Team | ||||||
Players With Guaranteed Salaries▼
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carlos Correa | 31.8 | 8.119 | 6 yr, $200M (2023-28), 2029-32 vesting options | $33,333,333 | $33,333,333 | $37,333,333 | $32,833,333 | $31,833,333 | $31,333,333 | $25,000,000 | $20,000,000 | |
| Pablo López | 30.4 | 5.093 | 4 yr, $73.5M (2024-27) | $18,375,000 | $8,250,000 | $21,750,000 | $21,750,000 | $21,750,000 | FREE AGENT | |||
| Byron Buxton | 32.6 | 7.160 | 7 yr, $100M (2022-28) | $14,285,714 | $15,142,857 | $15,142,857 | $15,142,857 | $15,142,857 | $15,142,857 | FREE AGENT | ||
| Anthony DeSclafani | 36.3 | 9.062 | 3 yr, $36M (2022-24) | $12,000,000 | $12,000,000 | FREE AGENT | ||||||
| Manuel Margot | 31.8 | 7.012 | 2 yr, $19M (2023-24) | $12,000,000 | $10,000,000 | $12,000,000 | ||||||
| Christian Vázquez | 35.9 | 9.031 | 3 yr, $30M (2023-25) | $10,000,000 | $10,000,000 | $10,000,000 | FREE AGENT | |||||
| Max Kepler | 33.4 | 7.152 | 6 yr, $44M (2019-24; 2024 club option exercised) | $10,000,000 | $10,000,000 | FREE AGENT | ||||||
| Kyle Farmer | 35.9 | 5.129 | 1 yr, $6.3M (2024) | $6,300,000 | $6,050,000 | $6,250,000 | ||||||
| Carlos Santana | 40.3 | 13.115 | 1 yr, $5.25M (2024) | $5,250,000 | $5,250,000 | FREE AGENT | ||||||
| Chris Paddack | 30.5 | 5.000 | 3 yr, $12.5M (2023-25) | $4,166,667 | $2,500,000 | $7,500,000 | FREE AGENT | |||||
| Randy Dobnak | 31.5 | 2.043 | 5 yr, $9.25M (2021-25), 2026-28 club options | $1,850,000 | $2,250,000 | $3,000,000 | $6,000,000 | $7,000,000 | $8,500,000 | |||
| Jorge Alcala | 31.0 | 4.014 | 1 yr, $845k (2024), 2025 club option | $845,000 | $790,000 | $1,500,000 | FREE AGENT |
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carlos Correa | 31.8 | 8.119 | 6 yr, $200M (2023-28), 2029-32 vesting options | $33,333,333 | $33,333,333 | $37,333,333 | $32,833,333 | $31,833,333 | $31,333,333 | $25,000,000 | $20,000,000 | |
| Pablo López | 30.4 | 5.093 | 4 yr, $73.5M (2024-27) | $18,375,000 | $8,250,000 | $21,750,000 | $21,750,000 | $21,750,000 | FREE AGENT | |||
| Byron Buxton | 32.6 | 7.160 | 7 yr, $100M (2022-28) | $14,285,714 | $15,142,857 | $15,142,857 | $15,142,857 | $15,142,857 | $15,142,857 | FREE AGENT | ||
| Anthony DeSclafani | 36.3 | 9.062 | 3 yr, $36M (2022-24) | $12,000,000 | $12,000,000 | FREE AGENT | ||||||
| Manuel Margot | 31.8 | 7.012 | 2 yr, $19M (2023-24) | $12,000,000 | $10,000,000 | $12,000,000 | ||||||
| Christian Vázquez | 35.9 | 9.031 | 3 yr, $30M (2023-25) | $10,000,000 | $10,000,000 | $10,000,000 | FREE AGENT | |||||
| Max Kepler | 33.4 | 7.152 | 6 yr, $44M (2019-24; 2024 club option exercised) | $10,000,000 | $10,000,000 | FREE AGENT | ||||||
| Kyle Farmer | 35.9 | 5.129 | 1 yr, $6.3M (2024) | $6,300,000 | $6,050,000 | $6,250,000 | ||||||
| Carlos Santana | 40.3 | 13.115 | 1 yr, $5.25M (2024) | $5,250,000 | $5,250,000 | FREE AGENT | ||||||
| Chris Paddack | 30.5 | 5.000 | 3 yr, $12.5M (2023-25) | $4,166,667 | $2,500,000 | $7,500,000 | FREE AGENT | |||||
| Randy Dobnak | 31.5 | 2.043 | 5 yr, $9.25M (2021-25), 2026-28 club options | $1,850,000 | $2,250,000 | $3,000,000 | $6,000,000 | $7,000,000 | $8,500,000 | |||
| Jorge Alcala | 31.0 | 4.014 | 1 yr, $845k (2024), 2025 club option | $845,000 | $790,000 | $1,500,000 | FREE AGENT |
Players Eligible For Arbitration▼
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Caleb Thielbar | 39.5 | 5.131 | 1 yr, $3.225M (2024) | $3,225,000 | FREE AGENT | |||||||
| Willi Castro | 29.2 | 4.017 | 1 yr, $3.3M (2024) | $3,300,000 | ARB 3 | FREE AGENT | ||||||
| Ryan Jeffers | 29.1 | 3.089 | 1 yr, $2.425M (2024) | $2,425,000 | ARB 2 | ARB 3 | FREE AGENT | |||||
| Justin Topa | 35.4 | 3.044 | 1 yr, $1.25M (2024) | $1,250,000 | ARB 2 | ARB 3 | FREE AGENT | |||||
| Michael Tonkin | 36.7 | 3.074 | 1 yr, $1M (2024) | $1,000,000 | ARB 2 | ARB 3 | FREE AGENT | |||||
| Alex Kirilloff | 28.7 | 2.141 | 1 yr, $1.35M (2024) | $1,350,000 | ARB 2 | ARB 3 | ARB 4 | FREE AGENT |
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Caleb Thielbar | 39.5 | 5.131 | 1 yr, $3.225M (2024) | $3,225,000 | FREE AGENT | |||||||
| Willi Castro | 29.2 | 4.017 | 1 yr, $3.3M (2024) | $3,300,000 | ARB 3 | FREE AGENT | ||||||
| Ryan Jeffers | 29.1 | 3.089 | 1 yr, $2.425M (2024) | $2,425,000 | ARB 2 | ARB 3 | FREE AGENT | |||||
| Justin Topa | 35.4 | 3.044 | 1 yr, $1.25M (2024) | $1,250,000 | ARB 2 | ARB 3 | FREE AGENT | |||||
| Michael Tonkin | 36.7 | 3.074 | 1 yr, $1M (2024) | $1,000,000 | ARB 2 | ARB 3 | FREE AGENT | |||||
| Alex Kirilloff | 28.7 | 2.141 | 1 yr, $1.35M (2024) | $1,350,000 | ARB 2 | ARB 3 | ARB 4 | FREE AGENT |
Notable Players Not Yet Eligible For Arbitration▼
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brock Stewart | 34.8 | 2.093 | 1 yr, $900k (2024) | $900,000 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Bailey Ober | 31.0 | 2.093 | 1 yr, $761.85k (2024) | $761,850 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Griffin Jax | 31.7 | 2.091 | 1 yr, $761.75k (2024) | $761,750 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Joe Ryan | 30.1 | 2.033 | 1 yr, $758.85k (2024) | $758,850 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Trevor Larnach | 29.4 | 2.014 | 1 yr, $750k (2024) | $750,000 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Jhoan Duran | 28.5 | 2.000 | 1 yr, $747.2k (2024) | $747,200 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Cole Sands | 29.0 | 1.017 | 1 yr, $749.45k (2024) | $749,450 | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | |||
| Royce Lewis | 27.1 | 1.142 | 1 yr, $745.7k (2024) | $745,700 | ARB 1 | ARB 2 | ARB 3 | ARB 4 | FREE AGENT | |||
| Jose F Miranda | 28.1 | 1.118 | 1 yr, $745k (2024) | $745,000 | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | |||
| Edouard Julien | 27.2 | 0.135 | 1 yr, $746.75k (2024) | $746,750 | Pre-ARB | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||
| Matt Wallner | 28.6 | 0.111 | 1 yr, $745.55k (2024) | $745,550 | Pre-ARB | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||
| Simeon Woods Richardson | 25.8 | 0.006 | 1 yr, $740k (2024) | $740,000 | Pre-ARB | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | ARB 4 | ||
| Estimated salaries for other pre-arbitration players | $2,960,000 | |||||||||||
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brock Stewart | 34.8 | 2.093 | 1 yr, $900k (2024) | $900,000 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Bailey Ober | 31.0 | 2.093 | 1 yr, $761.85k (2024) | $761,850 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Griffin Jax | 31.7 | 2.091 | 1 yr, $761.75k (2024) | $761,750 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Joe Ryan | 30.1 | 2.033 | 1 yr, $758.85k (2024) | $758,850 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Trevor Larnach | 29.4 | 2.014 | 1 yr, $750k (2024) | $750,000 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Jhoan Duran | 28.5 | 2.000 | 1 yr, $747.2k (2024) | $747,200 | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||||
| Cole Sands | 29.0 | 1.017 | 1 yr, $749.45k (2024) | $749,450 | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | |||
| Royce Lewis | 27.1 | 1.142 | 1 yr, $745.7k (2024) | $745,700 | ARB 1 | ARB 2 | ARB 3 | ARB 4 | FREE AGENT | |||
| Jose F Miranda | 28.1 | 1.118 | 1 yr, $745k (2024) | $745,000 | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | |||
| Edouard Julien | 27.2 | 0.135 | 1 yr, $746.75k (2024) | $746,750 | Pre-ARB | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||
| Matt Wallner | 28.6 | 0.111 | 1 yr, $745.55k (2024) | $745,550 | Pre-ARB | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | FREE AGENT | ||
| Simeon Woods Richardson | 25.8 | 0.006 | 1 yr, $740k (2024) | $740,000 | Pre-ARB | Pre-ARB | ARB 1 | ARB 2 | ARB 3 | ARB 4 | ||
| Estimated salaries for other pre-arbitration players | $2,960,000 | |||||||||||
Players No Longer On 40-Man Roster or No Longer In Organization▼
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trevor Richards | 33.2 | 5.084 | 1 yr, $2.15M (2024) | $2,150,000 | $2,150,000 | |||||||
| Cole Irvin | 32.5 | 3.083 | 1 yr, $2M (2024) | $2,000,000 | $2,000,000 | |||||||
| Jay Jackson | 38.7 | 2.028 | 1 yr, $1.5M (2024) | $1,500,000 | $1,300,000 | $3,000,000 | ||||||
| Steven Okert | 35.0 | 3.109 | 1 yr, $1.062M (2024) | $1,062,500 | $1,062,500 | |||||||
| Josh Staumont | 32.6 | 4.072 | 1 yr, $950k (2024) | $950,000 | $950,000 |
| Player | Age | Service Time | Contract | Info | AAV | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trevor Richards | 33.2 | 5.084 | 1 yr, $2.15M (2024) | $2,150,000 | $2,150,000 | |||||||
| Cole Irvin | 32.5 | 3.083 | 1 yr, $2M (2024) | $2,000,000 | $2,000,000 | |||||||
| Jay Jackson | 38.7 | 2.028 | 1 yr, $1.5M (2024) | $1,500,000 | $1,300,000 | $3,000,000 | ||||||
| Steven Okert | 35.0 | 3.109 | 1 yr, $1.062M (2024) | $1,062,500 | $1,062,500 | |||||||
| Josh Staumont | 32.6 | 4.072 | 1 yr, $950k (2024) | $950,000 | $950,000 |
Incentives▼
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| Incentives earned by Justin Topa (buyout escalator) | $25,000 |
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| Incentives earned by Justin Topa (buyout escalator) | $25,000 |
Other Payments▼
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| $ paid by Mets and Yankees to Michael Tonkin | -$779,570 | ||||||
| $ paid by Blue Jays to Trevor Richards | -$1,444,892 | ||||||
| $ paid by Orioles to Cole Irvin | -$1,849,462 | ||||||
| $ owed from LAD (Manuel Margot trade) | -$6,000,000 | -$2,000,000 | |||||
| $ owed from SEA (Anthony DeSclafani trade) | -$8,000,000 | ||||||
| $ paid by Twins to Carlos Correa | $24,580,645 | ||||||
| $ paid by Twins to Chris Paddack | $5,000,000 | ||||||
| $ paid by Twins to Willi Castro | $4,369,892 | ||||||
| $ owed to HOU (Carlos Correa trade) | $3,000,000 | $10,000,000 | $10,000,000 | $10,000,000 | |||
| $ paid by Twins to Jhoan Duran | $2,794,355 | ||||||
| $ paid by Twins to Harrison Bader | $2,731,183 | ||||||
| $ paid by Twins to Danny Coulombe | $2,048,387 | ||||||
| $ paid by Twins to Randy Dobnak | $2,000,000 | ||||||
| $ due for buyout of Manuel Margot | $2,000,000 | ||||||
| $ paid by Twins to Griffin Jax | $1,614,812 | ||||||
| Carlos Correa signing bonus | $1,333,333 | $1,333,333 | $1,333,333 | $1,333,333 | |||
| $ paid by Twins to Ty France | $682,796 | ||||||
| $ paid to Jorge Alcala | $620,968 | ||||||
| $ paid by Twins to Brock Stewart | $594,032 | ||||||
| $ due for buyout of Kyle Farmer | $250,000 | ||||||
| $ due for buyout of Jay Jackson | $200,000 | ||||||
| $ due for buyout of Justin Topa | $225,000 | ||||||
| $ paid to Justin Lawrence | $150,669 | ||||||
| $ due for potential buyout of Josh Bell | $1,250,000 | ||||||
| $ due for buyout of Justin Topa | $225,000 | ||||||
| $ due for potential buyout of Joe Ryan | $100,000 | ||||||
| $ due for potential buyout of Victor Caratini | $3,500,000 | ||||||
| Estimated Payroll | $129,616,866 | $118,038,260 | $90,869,278 | $56,326,190 | $29,976,190 |
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| $ paid by Mets and Yankees to Michael Tonkin | -$779,570 | ||||||
| $ paid by Blue Jays to Trevor Richards | -$1,444,892 | ||||||
| $ paid by Orioles to Cole Irvin | -$1,849,462 | ||||||
| $ owed from LAD (Manuel Margot trade) | -$6,000,000 | -$2,000,000 | |||||
| $ owed from SEA (Anthony DeSclafani trade) | -$8,000,000 | ||||||
| $ paid by Twins to Carlos Correa | $24,580,645 | ||||||
| $ paid by Twins to Chris Paddack | $5,000,000 | ||||||
| $ paid by Twins to Willi Castro | $4,369,892 | ||||||
| $ owed to HOU (Carlos Correa trade) | $3,000,000 | $10,000,000 | $10,000,000 | $10,000,000 | |||
| $ paid by Twins to Jhoan Duran | $2,794,355 | ||||||
| $ paid by Twins to Harrison Bader | $2,731,183 | ||||||
| $ paid by Twins to Danny Coulombe | $2,048,387 | ||||||
| $ paid by Twins to Randy Dobnak | $2,000,000 | ||||||
| $ due for buyout of Manuel Margot | $2,000,000 | ||||||
| $ paid by Twins to Griffin Jax | $1,614,812 | ||||||
| Carlos Correa signing bonus | $1,333,333 | $1,333,333 | $1,333,333 | $1,333,333 | |||
| $ paid by Twins to Ty France | $682,796 | ||||||
| $ paid to Jorge Alcala | $620,968 | ||||||
| $ paid by Twins to Brock Stewart | $594,032 | ||||||
| $ due for buyout of Kyle Farmer | $250,000 | ||||||
| $ due for buyout of Jay Jackson | $200,000 | ||||||
| $ due for buyout of Justin Topa | $225,000 | ||||||
| $ paid to Justin Lawrence | $150,669 | ||||||
| $ due for potential buyout of Josh Bell | $1,250,000 | ||||||
| $ due for buyout of Justin Topa | $225,000 | ||||||
| $ due for potential buyout of Joe Ryan | $100,000 | ||||||
| $ due for potential buyout of Victor Caratini | $3,500,000 | ||||||
| Estimated Payroll | $129,616,866 | $118,038,260 | $90,869,278 | $56,326,190 | $29,976,190 |
Totals for estimated payrolls include potential buyouts and earned buyout escalators — but not option total or earned option escalator — for pending options
Other Payments (Luxury Tax)▼
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| Max Kepler AAV adjustment (credited for unpaid buyout) | -$1,000,000 | ||||||
| Jorge Polanco AAV adjustment (credited for unpaid buyout) | -$1,000,000 | ||||||
| $ owed from LAD (Margot trade (luxury tax only)) | -$2,000,000 | ||||||
| $ owed to LAD (Margot trade (LAD gets tax credit if club option declined)) | $2,000,000 | ||||||
| Correa AAV adjustment | $666,667 | $666,667 | $666,667 | $666,667 | |||
| Jorge Alcala AAV adjustment (credited for unpaid buyout) | -$55,000 | ||||||
| Dobnak AAV adjustment (credited because AAV of money they actually paid ended up lower) | -$83,404 | ||||||
| Paddack AAV adjustment (credited because AAV of money they actually paid ended up lower) | -$421,348 |
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| Max Kepler AAV adjustment (credited for unpaid buyout) | -$1,000,000 | ||||||
| Jorge Polanco AAV adjustment (credited for unpaid buyout) | -$1,000,000 | ||||||
| $ owed from LAD (Margot trade (luxury tax only)) | -$2,000,000 | ||||||
| $ owed to LAD (Margot trade (LAD gets tax credit if club option declined)) | $2,000,000 | ||||||
| Correa AAV adjustment | $666,667 | $666,667 | $666,667 | $666,667 | |||
| Jorge Alcala AAV adjustment (credited for unpaid buyout) | -$55,000 | ||||||
| Dobnak AAV adjustment (credited because AAV of money they actually paid ended up lower) | -$83,404 | ||||||
| Paddack AAV adjustment (credited because AAV of money they actually paid ended up lower) | -$421,348 |
Luxury Tax Payroll Estimate▼
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| AAVs for players with guaranteed contracts (does not include players no longer on 40-man roster) | $128,405,714 | $43,885,714 | $54,860,714 | $39,660,714 | $14,285,714 | ||
| Salaries for players eligible for arbitration | $12,550,000 | $18,325,000 | $23,300,000 | ||||
| AAVs for players with guaranteed contracts no longer on the 40-man roster | $7,662,500 | $1,342,419 | |||||
| Earned incentives and escalators | $25,000 | ||||||
| Sum of Other Payments (does not include potential buyouts) | -$18,073,924 | $49,370,403 | $11,484,002 | $11,333,333 | $11,333,333 | ||
| Sum of Other Payments (Luxury Tax Only) | -$4,000,000 | $2,106,915 | $666,667 | $666,667 | $666,667 | ||
| Estimated salaries for players not yet eligible for arbitration and other players with non-guaranteed contracts | $12,112,100 | ||||||
| Estimated salaries for 40-man roster players in minor leagues | $2,500,000 | $2,500,000 | $2,500,000 | $2,500,000 | $2,500,000 | ||
| Estimated player benefits to be paid | $17,000,000 | $17,500,000 | $18,000,000 | $18,500,000 | $19,000,000 | ||
| Payment into $50M pre-arbitration bonus pool | $1,666,667 | $1,666,667 | $1,666,667 | $1,666,667 | $1,666,667 | ||
| Estimated Luxury Tax Payroll | $159,823,057 | $135,354,699 | $113,820,469 | $74,352,381 | $49,452,381 |
| Description | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| AAVs for players with guaranteed contracts (does not include players no longer on 40-man roster) | $128,405,714 | $43,885,714 | $54,860,714 | $39,660,714 | $14,285,714 | ||
| Salaries for players eligible for arbitration | $12,550,000 | $18,325,000 | $23,300,000 | ||||
| AAVs for players with guaranteed contracts no longer on the 40-man roster | $7,662,500 | $1,342,419 | |||||
| Earned incentives and escalators | $25,000 | ||||||
| Sum of Other Payments (does not include potential buyouts) | -$18,073,924 | $49,370,403 | $11,484,002 | $11,333,333 | $11,333,333 | ||
| Sum of Other Payments (Luxury Tax Only) | -$4,000,000 | $2,106,915 | $666,667 | $666,667 | $666,667 | ||
| Estimated salaries for players not yet eligible for arbitration and other players with non-guaranteed contracts | $12,112,100 | ||||||
| Estimated salaries for 40-man roster players in minor leagues | $2,500,000 | $2,500,000 | $2,500,000 | $2,500,000 | $2,500,000 | ||
| Estimated player benefits to be paid | $17,000,000 | $17,500,000 | $18,000,000 | $18,500,000 | $19,000,000 | ||
| Payment into $50M pre-arbitration bonus pool | $1,666,667 | $1,666,667 | $1,666,667 | $1,666,667 | $1,666,667 | ||
| Estimated Luxury Tax Payroll | $159,823,057 | $135,354,699 | $113,820,469 | $74,352,381 | $49,452,381 |
Totals for estimated luxury tax payrolls include potential buyouts and earned buyout escalators — but not option total or earned option escalators — for pending options
LUXURY TAX EXPLANATION AND OTHER PAYROLL NOTES
- The luxury tax thresholds for 2024 are $237M, $257M, $277M, $297M, with increasingly sharp penalties for surpassing each threshold. This is the first year with four luxury tax thresholds instead of three.
- The average annual value (AAV) of guaranteed contracts is included, not what the player is actually being paid that year. The AAV of contracts with deferrals is lower due to the payout structure and is based on the inflation rate stated in the contract, but unless the exact AAV as calculated by the league is publicly reported, the AAV is calculated as it would be without deferrals.
- Other payments, such as money to and from other teams, are included. Buyouts of contract options are included in the initial AAV. If a contract option is exercised, the team is credited the value of the buyout on their CBT calculation for the option year.
- Players no longer on the 40-man roster are included in all cases, regardless of whether they were optioned or released.
- Salaries for all players on the 40-man roster, even salaries earned while in the minor leagues, are included.
- Player benefits include health insurance, transportation, meal money, and other non-salary payments for all 40-man roster players.
- The "estimated salaries for players not yet eligible for arbitration" figure (which is included in luxury tax and "actual" payroll) presumes that, when factoring IL time, each team will need to pay for at least 34 player-seasons over the course of the regular season. This number is calculated by subtracting the number of guaranteed and arbitration-year contracts from 34 (the number of player-seasons) and then multiplying the number that remains (typically around 10-15) by the league minimum salary.
- The league minimum salary for 2024 is $740k.
- For a player acquired during the current season, the AAV factored into the luxury tax is based on the amount of time left in the current season at the time of acquisition.

