The Cubs had a busy week and it's been awhile since I updated the payroll chart. The contract terms for Jason Heyward aren't yet available so I just used his annual average value of the contract.
|Adam Warren #||1.50||Arb2||Arb3||FA|
|Clayton Richard #||1.10||FA|
|Chris Coghlan #||3.90||FA|
|Jonathan Herrera #||1.10||FA|
|Travis Wood #||6.40||FA|
|Pedro Strop #||4.70||Arb4||FA|
|Jake Arrieta #||10.60||Arb3||FA|
|Hector Rondon #||3.60||Arb2||Arb3|
|Justin Grimm #||1.00||Arb2||Arb3|
- Contract terms for Jason Heyward have yet to be announced with exception of opt-outs after year 3 and year 4
- * Lackey has a $7 million signing bonus, $2 million paid December 2015 and $5 million paid in 2017 (salary in 2017 above includes this 2017 bonus
- ***$14.5 million club option or $2 million buyout for Rizzo in each of 2020 and 2021
That's quite an increase over last year's payroll. Too bad the Cubs still have Edwin Jackson, Gerardo Concepcion and Ryan Sweeney getting paid. Oh well.
Those players starting at Adam Warren and below are arbitration eligible. I used the estimates provided by Matt Swartz on MLB Trade Rumors.
There are 24 players under contract, but the MLB payroll includes all the players on the 40-man roster. 3 of the players included aren't on the 40-man roster. That leaves at least 4 auto-renewal players (league minimum of $500K) and 15 at $50,000. That's about $2.25 million total.
The Total Cubs payroll is about $163.22 million at this point.