Boston Red Sox Payroll In 2013 + Contracts Going Forward
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By Ryan Dana (MLB Reports Writer and Red Sox Correspondent): Follow @ryandana1
As it stands now, the Red Sox payroll is at about $157 Million. Below I will show a list of player salaries which comprise most of the budget.
We must also remember that last summer’s blockbuster deal/salary dump on the Dodgers holds Boston responsible for $3.9 Million of the salaries in 2013 of players they traded away.
On top of that there is about $10 Million that must be figured in for benefits/incentive purposes. This list will be in descending order of salary (average annual salary to be more specific) among players on the Red Sox payroll.
David Ortiz: This Is Our —— city – Mature dialogue so Parental Guidance is a must.
1. John Lackey: (34) SP – $16.5 Million (Signed through 2014 – The Vesting Option in 2015 became a mere 500 K Salary when Lackey missed time for his elbow. So now it essentially is a 6 YR/$83 MIL deal). Still not a friendly team contract.
2. Ryan Dempster: (35) SP – $13.25 Million (Signed a 2 YR/$26.5 MIL deal – with 2013 and 2014 both featuring the $13.25 MIL Salary.)
3. David Ortiz: (37) DH – $13 Million (Signed a 2 YR/$26 MIL deal prior to this season and will be a Free Agent after 2014). This will be just fine for the big man providing he stays healthy.
4. Shane Victorino: (32) OF – $13 Million (Signed a 3 YR/$39 MIL deal that pays him $13 MIL per year from 2013 – 2015.)
5. Stephen Drew: (30) SS – $9.5 Million (Signed a 1 Year Deal and is a Free Agent in 2014.)
6. Jacoby Ellsbury: (29) OF – $9 Million (Becomes A Free Agent for the 2014 Year.) The Red Sox will at least throw out a qualifying offer for one year to receive a compensatory pick if Ellsbury signs with another franchise next year.
7. Clay Buchholz: (28) SP – $7.5 Million (Signed through 2015 with two Team Options afterwards. In 2014, he will receive $7.7 MIL, 2015 will be a $12 MIL Salary. There is a Team Option in 2016 for $13 MIL or a 245 K Buyout.) There is a $13.5 Team Option for 2017 (becomes $14 MIL if Buchholz finishes 1st or 2nd in AL Cy Young Voting during the contract – or now just this year). There is a 500K Buyout for the 2017 Salary.
8. Joel Hanrahan: (31) CL – $7.04 Million (Free Agent in 2014.)
9. Dustin Pedroia: (29) 2B – $6.80 Million (Is Signed though the 2014 year (2014 Salary is $10 MIL) and has a Team Option for 2015 ($11.0 MIL) or a 500K Buyout. The Team Option and Buyout would be relinquished if Pedroia is traded because he was the 2008 AL MVP
10. Jon Lester: (29) SP – $6 Million (Has a Team Option for 2014 – at $13 MIL or a 250 K Buyout). Lester can opt out of the Team Option if he finishes 1st or 2nd in AL CY Voting this year.
11. Jonny Gomes: (32) OF/DH – $5 Million (Gomes is also signed for 2014 at $5MIL – before becoming a Free Agent in 2015.)
12. Mike Napoli: (31) 1B/DH/C $5 Million (Napoli is a Free Agent in 2014 and will command a hefty payraise if he continues his hot start.)
13. Jarrod Saltalamacchia: (27) C – $4.5 Million (Is a Free Agent in 2014.)
14. Koji Uehara: (38) RP – $4.25 Million (Uehara has one more year left of Arbitration before hitting Free Agency in 2015.)
15. Andrew Bailey: (28) RP – $4.1 Million (Bailey has one more year left of Arbitration before hitting Free Agency in 2015.)
16. David Ross: (36) C – $3.1 Million (Ross has the same $3.1 MIL Salary for 2014 before becoming a Free Agent in 2015.)
17. Alfredo Aceves: (30) SP/RP -2.65 Million (Aceves is Arbitration Eligible in 2014 and a Free Agent in 2015.)
18. Craig Breslow: (32) RP – $2.3 Million (Breslow’s current contract has him making $3.8 MIL in 2014 – and the club has a Team Option of $4 MIL for 2015..or a Buyout of 100K.)
19. Jose Iglesias: (23) SS – $2.1 Million (Iglesias is Pre – Arbitration Eligible. He is Arbitration Eligible in 2016 and a Free Agent in 2019.)
20. Franklin Morales: (27) RP – $1.48 Million (Morales is Arbitration Eligible in 2014 and a Free Agent in 2015.)
21. Andrew Miller: (27) RP – $1.48 Million (Miller is Arbitration Eligible in 2014 and a Free Agent in 2015.)
22. Junichi Tazawa: (26) RP – $815K (Arbitration Eligible in 2014 and a Free Agent in 2017.)
23. Felix Doubront: (25) SP – $519K (Arbitration Eligible in 2015 and a Free Agent in 2018,)
24. Mike Carp: (26) 1B/OF – $509K (Arbitration Eligible in 2014 and a Free Agent in 2017.)
25. Daniel Nava: (27) OF – $506K (Arbitration Eligible in 2015 and a Free Agent in 2018.)
26. Clayton Mortensen: (28) RP – $505K (Arbitration Eligible in 2015 and a Free Agent in 2018.)
27. Pedro Ciriaco: (27) INF – $503K (Arbitration Eligible in 2015 and a Free Agent in 2018.)
28. Ryan Kalish: (25) OF – $498K (Arbitration Eligible in 2015 and a Free Agent in 2018.)
29. Will Middlebrooks: (24) 3B – $498K (Arbitration Eligible in 2015 and a Free Agent in 2018.)
30. Jackie Bradley Jr.: (23) LF – $490K (Arbitration Eligible in 2014 and a Free Agent in 2017.)
So now you can easily see where the Red Sox $157 Million is committed for 2013. What does this all mean though?
The Luxury Tax Threshold is $178 Million in 2013, which leaves the Red Sox with about $21 Million in available payroll.
This leaves them in a very good position come the trade deadline to add what they need without much worry of Salary implications (for this season at least). There won’t be many scenarios where they will be able to get players that will cost $21 Million or more for the last 2 months of the season.
After nearly a month of play, the Red Sox have the best record in baseball (trust me I don’t get tired of reminding people of this). Payroll flexibility could be a great asset to them and their expected playoff push.
As far as what they might do with this money they have to spend for the rest of this season, I have no idea. They don’t seem to have any glaring needs as of now…but we all know how that can change in a hurry.
Then there is also the thought that upper management isn’t really too eager to spend it. I think they truly do care about winning more than saving a couple million dollars, but the Red Sox could very well end the season having spent well short of the Luxury Tax Threshold.
I hate to look too far into the future when the present is so nice right now, but I think the Red Sox payroll is more exciting with future implications.
There is a lot of money coming off the books after this season (unfortunately Lackey’s absurd salary isn’t one of them) and the Luxury Tax Threshold is supposed to increase up to $189 Million for 2014.
Drew, Ellsbury, Hanrahan, Napoli, Salty, and Uehara are all Post Arbitration Eligible Free Agents at year’s end. So keep in mind the Sox may want to use some of their money to re-sign some of them, but the estimated payroll for 2014 is about $142 Million, $47 Million below the threshold right now.
This would open up a great opportunity to re-sign Ellsbury if the Red Sox would like to keep him in their long term plans. There is still a lot to think about on this topic as this season will have a great effect, for better or worse, on his market. Staying healthy is the key for him.
Assuming he is healthy and has a solid 2013 season, I believe Napoli is almost a must re-sign and not just because he has 27 RBI and counting in the 1st month of the season. The Red Sox don’t have much for 1st baseman in their system, and there likely won’t be much for 2014 free agent options at 1st base either.
The Red Sox got Napoli as a steal this offseason. They originally had a 3 YR/39 Million Dollar deal worked out (the same figures Victorino and the Sox agreed to) but due to medical concerns with Napoli’s hip, they restructured the deal to 1 YR/ 5 Million Dollars.
I mentioned earlier that the Red Sox won’t be able to get out of John Lackey’s contract in 2014, however, in 2015 the Lackey era in Boston may very well be over. With the largest annual salary on the club, and a level of production that doesn’t even warrant a fraction of it (to this point) the Red Sox can buy out Lackey’s final year for just Half a Million Dollars.
Re-signing Salty is another big decision to make. They have David Ross under contract for 2014, and they still have Ryan Lavarnway in AAA. It doesn’t really make sense to have all 3, but Lavarnway really needs to show he can be a capable Major League Catcher if he wants a future with the Red Sox. His development will play a big role in whether Salty re-signs or not.
The Red Sox have a very good farm system that should be producing young, cost-controlled, Major Leaguers for some years as long as they don’t trade them away. This should keep the Red Sox future payrolls in check while allowing them to go out and fill any deficiencies in their system with whatever free agents they like.
These are the things that stand out to me about the Red Sox current payroll. There is a pleather of things that could be discussed, but so much is speculation. The one certain thing when looking at the Red Sox payroll in 2013 and beyond is…The Dodgers are lifesavers. Thank you Dodgers.
*** The views and opinions expressed in this report are those of the author and do not necessarily reflect the views of mlbreports.com and their partners***
A big thank-you goes out to our baseball writer Ryan Dana for preparing today’s featured article. Ryan is junior studying physical education with a concentration in coaching at Bridgewater State University.
He has been playing baseball since he was 7 and coaching since he was 14. Ryan wants to be a college baseball coach once he graduates. Ryan is, and always will be, a diehard Boston Red Sox fan. Secondary to baseball, he is a big health and fitness enthusiast. You can find Ryan on Twitter . Follow @ryandana1.
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Posted on April 30, 2013, in MLB Teams: Articles and Analysis, The Rest: Everything Baseball and tagged 2013 Boston Red Sox Payroll, 2014 Boston Red Sox Payroll, @ryandana1 on twitter, AL East, andrew bailey, andrew miller, ben cherington, boston red sox, clay buchholz, clayton mortensen, craig breslow, daniel nava, david ortiz, david ross, dustin pedroia, felix dubront, Franklin Morales, free agents, Jackie Bradley Jr., jacoby ellsbury, jarrod saltalamacchia, joel hanrahan, john lackey, jon lester, jonny gomes, Jose Iglesias, junichi tazawa, koji uehara, la dodgers, Luxury Tax Threshold, mike carp, mike napoli, Pawtucket, Payroll, pedro ciriaco, ryan dana, ryan dempster, ryan kalish, ryan lavarnway, shane victorino, stephen drew, will middlebrooks. Bookmark the permalink. Comments Off on Boston Red Sox Payroll In 2013 + Contracts Going Forward.