2020 salary terms are set to be hammered out in the coming days. But what about what’s owed to players beyond that point? The near-term economic picture remains questionable at best. That’ll make teams all the more cautious with guaranteed future salaries.
Every organization has some amount of future cash committed to players, all of it done before the coronavirus pandemic swept the globe. There are several different ways to look at salaries; for instance, for purposes of calculating the luxury tax, the average annual value is the touchstone, with up-front bonuses spread over the life of the deal. For this exercise, we’ll focus on actual cash outlays that still have yet to be paid.
We’ll run through every team, with a big assist from the Cot’s Baseball Contracts database. Next up is the Yankees:
Yankees Total Future Cash Obligation: $612MM
*Giancarlo Stanton (after 2020) and Gerrit Cole (after 2024) can opt out
*total reflects that Marlins to pay $30MM if Stanton does not opt out
*Zack Britton contract includes opt-out opportunity after 2020 if team does not exercise 2022 club option
*Jacoby Ellsbury (released) still owed buyout on 2021 club option, pending grievance
*total does not include J.A. Happ vesting option ($17MM) with 165 innings/27 starts (will likely be pro-rated for shortened season)
vincent k. mcmahon
I don’t think Stanton is going to opt out. With his injuries, it’s more likely he stays.
chieflove42
he was never opting out as almost the entire contract pays out late.
Ejemp2006
If he performed as expected, without injury, then there was a good chance he would’ve opted out. A healthy Stanton hits 60 plus dingers a year in NYC and his cannon of an arm maybe gets him a gold glove but alas, woulda coulda shoulda maybe might.
Nyy5102
I still think he’ll be more than fine if healthy, but he was / is pegged for mostly DH duty. I think that shows what the Yankees think of him in the field… Serviceable defense is all anyone could hope for due to his lack of range.
looiebelongsinthehall
No one not on the juice regularly hits 60 home runs a year.
Perksy
It depends. If the ball is still juiced someone can hit 60
slider32
So what, they only have 132 on the books for next year.
jdgoat
That’s an awful lot for the amount of high caliber free agents and raises they’re going to have to give out over the next two years though.
The Human Rain Delay
Plus arbs plus incoming free agents plus 10 more if they want to keep gardner on the option –
They will need some Sps with Pax leaving and Tanaka although they will probably resign Tanaka- Will be real hard to keep this team under 200 mill next year- Have to take care of Dj as well
GCarbs
Judge about 16-17, Sanchez around 9 Torres around 6. Voit, Urshela, Kahnle and Andujar should be 3-4ish each. That’s over 40 in arbitration for those players alone.
Ketch
And or probably light guesses
WildRemote
“So what, they only have double many teams’ entire payroll locked up in a few players, they’re the Yankees so it’s no problem”
FTY
jonnyzuck
how is ellsbury’s salary affected by the cancelled games?
Mr. Furious
He would normally have been owed the full amount because he was released, but the Yankees informed the union that they weren’t going to pay him because he sought outside medical assistance. There’s a grievance pending about that.
johnnydubz
Typical Yankees cheating the system. Them Astros and Red Sox are all cheaters with scumbag fan base.
pasha2k
Johnny give it a rest pluuueez.
CrookedAsstros
@johnnydubz Pathetic loser mentality.
TheTrotsky
Lol ok Johnny.
Gasu1
You must be under 18, if you don’t understand what a contract dispute is; as demonstrated clearly by your comment.
driftcat28 2
Lol Johnny is maddd
Eatdust666
Calm down, oh wait, you don’t know how to!
slider32
Happ isn’t getting those innings this year, and Ellsbury contract is being disputed. Next year the Yanks will have more money to spend than they have had in the last 5 years. Besides they make over 800 million a season, they have money to burn!
DVail1979
Jeff Todd said right in the article that Happ’s 165/27 will most likely be pro-rated for a shortened season … if it is pro-rated those are numbers Happ could easily attain
bigdaddyt
Unless the team purposely makes it so he can’t reach that
The Human Rain Delay
Would be pro-rated –
81 games would be 82.5 inns –
I too see a manipulation from the Yanks but I view that as good business not unethical- If Happ pitches every 5th day he will get the option kicked in though- Def interesting to watch how they approach this
WideWorldofSports
They’ll be fine
ruckus727
Who’s Jacoby Ellsbury?
RunDMC
Ask the Yankees accounting dept – they know who he is.
AstrosKLC
LOL!
paddyo furnichuh
That’s the divorce law firm that split off from Jacoby & Myers.
brucenewton
No salary caps in the next CBA please. Yanks would have to close up shop.
just here for the comments
That’s why there should be a salary cap
jopeness
revenue sharing replaces a cap. for the teams that use it effectively it has paid off. a cap hurts players more but also could control some of the albatross contracts. Yankees have only given the highest contract twice in the last 15 yrs. those smaller market teams offer those stupid contracts for short term fans and hope a bigger market takes it on the last cpl years. e.g. arod, Kevin brown, randy Johnson, Machado, Soriano etc.
NY_Yankee
Ellsbury is off the books after this year, so please do not count him.
Jeff Todd
His buyout is still due.
Tom84
That is a lot of money.
howie feltersnatch
I hope mookie betts signs a monster contract and Stanton has a good year and opts our to try to beat it
just here for the comments
There is as much of a chance of you signing a bigger contract than Betts as there is of Stanton opting out to try.
pasha2k
Stanton will not opt out.
Eatdust666
That is exactly why just here for the comments said what he said.
ohyeadam
They’ve got cole, Stanton and Hicks for $75mil a year. Leaves cash man with an extra $100mil or so to comfortably fill out a team every year. Not so bad, especially if the outfielders get healthy and cole stays that way.
metfan4ever
So what about Judge, Sanchez, & the stud kid 2B/SS
The Human Rain Delay
AND DJ Pax Tanaka this offseason
Logjammer D"Baggagecling
Half a billion dollars on the books yet they aren’t over the threshold tax. While the cubs have 200 mill on the books now and they are over it. Makes no sense
KCJ
How can I explain this…
robluca21
Ita total owed..not yearly average ..tanks owe over half a billion in total money to be paid out over the length of each respective contract.
Theghostoftycobb
The Yanks traded for Stanton to avoid paying Harper.
Good job..
Theghostoftycobb
Jacoby ellsbury’s contract is the gift that keeps on giving.
In an alternate reality, Cano stays with the Yanks and they don’t sign ellsbury.
Wakes up*
Just thinking about both contracts is making me throw up..
In his prime, giving max effort tho, cano is too tier.
Oh well..
pinballwizard1969
Nearly all of that money is dedicated to just 2 players, Gerrit Cole ($288M post 2020) who was just signed and fans were clamoring for and Giancarlo Stanton.($188M per the article).
NOTE: Stanton is actually owed $218M including his buyout however $30M of that 218M is paid by the Marlins.
mlbnyyfan
The Yankees have money to burn but these Yankees are not George’s team anymore. If that was the case they would of signed Cole, Harper, Strasburg etc.
hozie007
Brett Gardeners salary is killing this team . . . they should trade him. Gardy…goes yardy…
robluca21
Its spelled gardner. He was a 4 WAR player last year a d hes only making what 10 12 million ?
Seems like a good value to me
And the 2.5 million hes owed in 2021 is not his salary it’s what is guaranteed. There is a team option for 2021 at 10 million with a buyout of 2.5
Billy Mumphreys Downfall
Chauncey Gardener
nitemare
Wow Stanton might not play another game in Yankee uniform
robluca21
And demi Lovato might become a size 2
mlbnyyfan
Nitemare if only that was really true. That would be what dreams are made of
Billy Mumphreys Downfall
And people still like to talk about the Dodgers being the worst like it’s 2015. Dodger derangement syndrome. The Yankees should be the brunt of the jokes with their disgusting payroll and no championships to show for it. The Dodgers have been mostly homegrown for years now and never sign big contracts
Eatdust666
At least they’ve won some championships in the 21st century, while the Dodgers still haven’t since 1988.
brucenewton
No real comparison between how the Dodgers and Yankees do business. Dodgers do very well at the amateur draft and with player development.
frustratedpittsburghpiratesfan
Team like Pittsburgh has about 50 million on the books. Sounds like a fair range 500 mil to 50 mil in MLB Team Spending. Fans still pay the price no matter who is on the field I guess. Some much for parity.
mlbnyyfan
Ok NODH you may have to eat your words when they sign Betts. Tell me who have the Yankees signed to HUGE dollars recently besides Cole. They traded for Stanton, Chapman wasn’t a HUGE deal, DJ last year at 12 a year was decent, Hicks only 10 a year. It’s not like the Yankees of old. Ellsbury was long ago. CC, Tex, and AJ were over 10 years ago.
JustCheckingIn
Who cares how the got the money, the team is paying it. They traded for Stanton instead of going after Harper.
Oh boy it’s a graded for contract not a Free agent one!!… it doesn’t matter
They have 22 spots to fill and 75m taken up for the foreseeable future. They’re either paying the tax yearly, or about to let some talent leave
frustratedpittsburghpiratesfan
Let’s just reduce the number of MLB Teams to 8 AL and 8 NL Teams. Every year the playoffs will consist of the same playoff teams every year. Yankees and Red Soxs play 60 times a year, then the Cubs and Dodgers play 60 times a year. Won’t have to worry about small markets competing with large markets because there will be only large market teams and revenues from TV will all be the same.Sounds like fun.
Unlimited Power
If the pirates had a decent owner, you would not be saying that. The Union should be able to force owners who have not spent over 50 M for 15 years to sell