The New Year serves as a symbolic part of the offseason. It’s been just two months since the Dodgers knocked off the Yankees to win the World Series. We’re just over six weeks away from pitchers and catchers reporting to Spring Training.
26 of MLBTR’s Top 50 are off the board. That includes six of the top ten, as well Roki Sasaki (who was not ranked because his earning power is limited). More than half the money has been spent – Alex Bregman he is the only unsigned player to feature in our top six – but the off-season continues at a normal pace. It went faster than last winter, when 22 players from our Top 50 had signed when the calendar turned to January.
Using MLBTR’s Contract Tracker, we’ll look at everything a team does on the open market. We’ll go back to November 4, the day when free agents are allowed to begin discussing contract terms with all teams. That does not include two agreements signed during a five-day special negotiating window for teams to negotiate contracts. theirs free agents: Reds deal $2.25MM Brent Suter and the Royals last Michael Wacha on a three-year, $51MM contract.
This is not a complete look at the team’s offseason activity. Blue Jays (Andrés Giménez), Angels (Jorge Soler), Cubs (Kyle Tucker) and the Yankees (Cody Bellinger) are among the teams that acquired the highest paid players in trades. The Dodgers signed Tommy Edman in an extension that secured $64.5MM in new capital. This is a complete look at free agent activity.
In this exercise, we will take the full price even if the contract includes a deferred fee. Groups are organized by total spending.
1. The New York Mets
Total guarantees: $917.25MM
2. Los Angeles Dodgers
Total cost: $287MM
3. New York Yankees
Full guarantees: $235.5MM
4. The Arizona Diamondbacks
Total guarantees: $210MM
5. The San Francisco Giants
Total guarantees: $182MM
6. Texas Rangers
Total guarantees: $130.5MM
7. Los Angeles Angels
Full guarantees: $80.25MM
8. Baltimore Orioles
Total guarantees: $71MM
9. Athletics
Total guarantees: $70.95MM
10. The Houston Astros
Total guarantees: $60MM
11. The Boston Red Sox
Total guarantees: $52.3MM
12. Cleveland Rangers
Total guarantees: $42MM
13. Chicago Cubs
Total Guarantees: Over $40.5MM
14. The Detroit Tigers
Total guarantees: $30MM
15. Washington Nationals
Total guarantees: $29MM
16. Philadelphia Phillies
Total guarantees: $22.5MM
17. The Cincinnati Reds
Total guarantees: $21.05MM
18. Toronto Blue Jays
Total guarantees: $15MM
19. Tampa Bay Rays
Total guarantees: $8.5MM
19. The Colorado Rockies
Total guarantees: $8.5MM
21. The Pittsburgh Pirates
Total Guarantees: Over $5MM
22. Chicago White Sox
Total guarantees: $4.75MM
23. The Atlanta Braves
Total guarantees: Over $360K
24. Miami Marlins
Total guarantees: $200K
25. The Milwaukee Brewers
Total Guarantees: Over $0
26. The Kansas City Royals
Total guarantees: $0
26. Minnesota Twins
Total guarantees: $0
26. San Diego Padres
Total guarantees: $0
26. Seattle Mariners
Total guarantees: $0
26. Louis Cardinals
Total guarantees: $0
* Counting Wacha as a free agent deal instead of an extension would push Kansas City to 12th in total spending.
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