This will replace last year’s payroll page that can be found on the menu. Last June we looked at what the Cubs payroll would be in 2012 and Matt Swartz has calculated a way to project arbitration salaries so I figured I’d add those in. I’ll update this page when necessary. I refuse to include Koyie Hill. I can’t imagine any scenario in which he’ll remain on the Cubs 40-man roster so instead of having to update it later, I went ahead and got rid of him now.
|Matt Garza||11/26/83||R-R||6’4″||215||8.7||arb 4|
|Randy Wells||08/28/82||R-R||6’5″||230||2.2||arb 2||arb 3|
|Jeff Baker||06/21/81||R-R||6’2″||210||1.4||arb 3|
|Starlin Castro||03/24/90||R-R||6’0″||190||arb 1||arb 2|
|Blake DeWitt||08/20/85||L-R||5’11″||195||1.2||arb 3|
|Geovany Soto||01/20/83||R-R||6’1″||220||4||arb 3|
The red text is Matt Swartz’s projected figures. Swartz came up with a total for these 5 of $17.5 million. Based on projected figures back in June, it was $30 million. My own estimates totaled $21.3 million. My estimate was .3 million high on Garza and .1 million high on each of Baker and DeWitt. I estimated $6 million for Soto and my estimate is way off of Swartz’s projection for Wells. After the last half of Wells season, I don’t see how he gets more than what Swartz projected. Soto may get a bit more than $4 million. We’ll use Swartz’s numbers until it’s settled.
The Cubs have $66.6 million in guaranteed contracts for 2012. Including the arbitration eligible players takes it up to $84.1 million for 11 players. The other 14 players on the roster aren’t free. At the very least they’re league minimum players. That’s a total of $5.6 million. The players on the 40-man, but not on the active roster are paid $50,000 so that’s a total of $750,000.
The grand total is $90.5 million. Unless the Cubs trade some players, that is the bare minimum that they’re payroll would be in 2012.
Carlos Pena is paid $5 million next year so that has to be included. The Cubs 2012 payroll, as of right now, is $95.5 million. The Cubs payroll the last 3 years has been between $134 million and $144 million. Some additional money this year (and last) will be diverted into the draft and additional amateur talent. The $134 million payroll last season is probably the maximum that it would be this year. The Cubs are paying more money for people in the front office so that’s a factor. My guess is that it will be about $125 million. That leaves the Cubs with $30 million to spend this offseason.