Chicago Cubs 2024 Financial Summary

A current summary of Chicago Cubs 2024 player cap & cash figures.

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Adjusted Payroll Total

$230,067,975

Tax Space

$2,201,956

Cash Total

$248,039,875 / 6th

2024 Active Roster

Pre-Arbitration
Arbitration
Player Option
Opt-Out
Club Option
Mutual Option
Vested Option
Estimate
  Player (28) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Bellinger Cody Bellinger RF 28 $27,500,000 $26,666,667 11.25% $27,500,000 2027
2
Swanson Dansby Swanson SS 30 $26,000,000 $25,285,714 10.67% $25,000,000 2030
3
Happ Ian Happ LF 29 $21,000,000 $20,333,333 8.58% $20,000,000 2027
4
Suzuki Seiya Suzuki DH 29 $21,000,000 $17,000,000 7.17% $20,000,000 2027
5
Taillon Jameson Taillon SP 32 $18,000,000 $17,000,000 7.17% $18,000,000 2027
6
Hendricks Kyle Hendricks SP 34 $16,500,000 $14,500,000 6.12% $16,500,000 2025
7
Hoerner Nico Hoerner 2B 27 $11,500,000 $11,666,667 4.92% $11,500,000 2027
8
Smyly Drew Smyly RP 35 $10,500,000 $9,500,000 4.01% $10,500,000 2026
9
Imanaga Shota Imanaga SP 30 $9,250,000 $13,250,000 5.59% $10,000,000 2029
10
Steele Justin Steele SP 28 $4,000,000 $4,000,000 1.69% $4,000,000 2028
11
Wisdom Patrick Wisdom 3B 32 $2,725,000 $2,725,000 1.15% $2,725,000 2027
12
Tauchman Mike Tauchman CF 33 $1,950,000 $1,950,000 0.82% $1,950,000 2027
13
Paredes Isaac Paredes 3B 25 $1,169,892 $1,169,892 0.49% $1,169,892 2028
14
Assad Javier Assad SP 26 $755,000 $755,000 0.32% $755,000
15
Amaya Miguel Amaya C 25 $746,500 $746,500 0.32% $746,500
16
Busch Michael Busch 1B 26 $741,500 $741,500 0.31% $741,500
17
Wesneski Hayden Wesneski SP 26 $636,480 $636,480 0.27% $636,480
18
Crow-Armstrong Pete Crow-Armstrong CF 22 $588,744 $588,744 0.25% $588,744
19
Miller Tyson Miller RP 28 $548,964 $548,964 0.23% $548,964
20
Thompson Keegan Thompson RP 29 $533,052 $533,052 0.22% $533,052
21
Kilian Caleb Kilian SP 27 $525,492 $525,492 0.22% $525,492
22
Hodge Porter Hodge RP 23 $489,294 $489,294 0.21% $489,294
23
Roberts Ethan Roberts RP 26 $343,862 $343,862 0.15% $343,862
24
Pearson Nate Pearson RP 27 $275,264 $275,264 0.12% $275,264
25
Bethancourt Christian Bethancourt C 32 $258,570 $258,570 0.11% $258,570
26
Vazquez Luis Vazquez SS 24 $232,052 $232,052 0.10% $232,052
27
Paredes Enoli Paredes RP 28 $19,890 $19,890 0.01% $19,890
28
Alcantara Kevin Alcantara OF 21 $15,912 $15,912 0.01% $15,912

2024 Injured List

Salaries from players who have been placed on the injured list, still counting against the payroll.

  Player (10) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Alzolay Adbert Alzolay RP 29 $2,110,000 $2,110,000 - $2,110,000 2027
2
Almonte Yency Almonte RP 30 $1,900,000 $1,900,000 - $1,900,000 2026
3
Madrigal Nick Madrigal 2B 27 $1,810,000 $1,810,000 - $1,810,000 2027
4
Merryweather Julian Merryweather RP 32 $1,175,000 $1,175,000 - $1,175,000 2027
5
Wicks Jordan Wicks SP 24 $741,500 $741,500 0.31% $741,500
6
Brown Ben Brown RP 24 $732,043 $732,043 - $732,043
7
Brewer Colten Brewer RP 31 $656,370 $656,370 - $656,370
8
Little Luke Little RP 23 $648,903 $648,903 - $648,903
9
López Jorge López RP 31 $369,954 $369,954 0.16% $369,954 2025
10
Davis Brennen Davis OF 24 $63,648 $63,648 - $63,648

2024 Retained

Leftover salaries from players who have been traded or released, or buyouts for declined options.

  Player (22) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT
1
Neris Hector Neris RP 35 $9,000,000 $9,000,000 3.80%
2
Mancini Trey Mancini OF 32 $7,000,000 $7,000,000 2.95%
3
Gomes Yan Gomes C 36 $6,000,000 $5,000,000 2.11%
4
Bellinger Cody Bellinger CF 28 $5,500,000 - -
5
Barnhart Tucker Barnhart C 33 $3,250,000 $2,510,000 1.06%
6
Leiter Jr. Mark Leiter Jr. RP 33 $1,000,000 $1,000,000 0.42%
7
Boxberger Brad Boxberger RP 36 $800,000 - -
8
Morel Christopher Morel 3B 25 $507,188 $507,188 0.21%
9
Armstrong Shawn Armstrong RP 33 $308,616 $308,616 0.13%
10
Nido Tomás Nido C 30 $286,416 $286,416 0.12%
11
Cooper Garrett Cooper 1B 33 $241,950 $241,950 0.10%
12
Cuas José Cuas RP 30 $118,968 $118,968 0.05%
13
Lovelady Richard Lovelady RP 28 $81,720 $81,720 0.03%
14
Armstrong Shawn Armstrong RP 33 $50,000 $50,000 0.02%
15
Miller Tyson Miller RP 28 $50,000 $50,000 0.02%
16
Wingenter Trey Wingenter RP 30 $50,000 $50,000 0.02%
17
Herget Jimmy Herget RP 30 $50,000 $50,000 0.02%
18
Hollowell Gavin Hollowell RP 26 $50,000 $50,000 0.02%
19
Paredes Enoli Paredes RP 28 $50,000 $50,000 0.02%
20
Bigge Hunter Bigge RP 26 $35,802 $35,802 0.02%
21
Nittoli Vinny Nittoli RP 33 $19,892 $19,892 0.01%
22
Stroman Marcus Stroman SP 33 - $2,666,667 1.13%

2024 Deferred

Salaries for players who had salaries deferred to the current year. We are NOT counting these against the active payroll.

  Player (1) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Heyward Jason Heyward RF 34 $5,000,000 $5,000,000 - $5,000,000

2024 Payroll Totals

Payroll Summary
Active Roster $177,805,468 4th
Injured List $10,207,418 26th
Retained $37,117,219 6th
Minor $7,604,537 4th
Total Payroll Allocations $244,218,719 8th
Total Adjusted Payroll Allocations $230,067,975 7th

2024 Active Competitive Balance Tax Totals

Tax Summary
Tax figures based on payroll data only. Outside revenue sources will be adjusted when available after the regular season.
Competitive Balance Tax Threshold $237,000,000
Guaranteed Contracts $171,757,849 7th
Injured Contracts $10,207,418 -
Retained Contracts $29,071,574 -
Player Benefits $17,000,000 -
Minor Buried League Contracts $5,094,537 -
Pre-Arbitration Bonus Pool Contribution $1,666,666 -
Actual Tax Payroll $234,798,044 -
Competitive Balance Tax Space $2,201,956 21st
     
Projected Competitive Balance Tax Space (Active + Est. Arb + Est. Pre-Arb) $2,201,956 -

2024 Minor

Salaries from players currently in the system. denotes a buried salary that counts against the payroll.

Player (12)   Pos Age Payroll Salary Luxury Tax Luxury Tax % Cash Total Free Agent
1
David Bote
  2B 31 $5,510,000 $3,000,000 - $5,500,000 2027
2
Trey Wingenter
  RP 30 $1,200,000 $1,200,000 0.51% - 2026
3
Thomas Pannone
  RP 30 $800,000 $800,000 - $800,000
4
Jimmy Herget
  RP 30 $740,000 - - - 2028
5
Miles Mastrobuoni
  LF 28 $421,155 $421,155 0.18% $421,155
6
Daniel Palencia
  RP 24 $218,790 $218,790 0.09% $218,790
7
Alexander Canario
  OF 24 $123,318 $123,318 0.05% $123,318
8
Jack Neely
  RP 24 $83,538 $83,538 0.04% $83,538
9
Matt Mervis
  1B 26 $43,758 $43,758 0.02% $43,758
10
Gavin Hollowell
  RP 26 $3,978 $3,978 0.00% $3,978
11
Michael Arias
  P 22 - - - -
12
Caleb Knight
  C 28 - - - -

TRANSACTIONS

Sep 29, 2024
Caleb Knight, C

Optioned to the Minors by Chicago (CHC)

Sep 29, 2024
Caleb Knight, C

Contract purchased by Chicago (CHC)

Sep 25, 2024
Miles Mastrobuoni, LF

Optioned to the Minors by Chicago (CHC)

Sep 25, 2024
Kevin Alcantara, OF

Recalled from the Minors by Chicago (CHC)

Sep 24, 2024
Gavin Hollowell, RP

Optioned to the Minors by Chicago (CHC)

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