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MLB
Chicago Cubs 2024 Financial Summary
A current summary of Chicago Cubs 2024 player cap & cash figures.
RELATED:
2026 Opening Day SP Financials
RELATED:
Chicago Cubs Offseason Preview
Total Tax
$234,436,268
Active Tax
$171,724,854
Projected Cash Payroll
$249,162,454 / 7th
2024 Active Roster
| Player (28) | Pos | Age | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|
1 |
Bellinger Cody Bellinger | RF | 28 |
Free Agent
|
$26,666,667 | 11.25% | $27,500,000 | 2027 |
2 |
Swanson Dansby Swanson | SS | 30 |
Free Agent
|
$25,285,714 | 10.67% | $25,000,000 | 2030 |
3 |
Happ Ian Happ | LF | 29 |
Extension
|
$20,333,333 | 8.58% | $20,000,000 | 2027 |
4 |
Suzuki Seiya Suzuki | DH | 29 |
Free Agent
Foreign Professional |
$17,000,000 | 7.17% | $20,000,000 | 2027 |
5 |
Taillon Jameson Taillon | SP | 32 |
Free Agent
|
$17,000,000 | 7.17% | $18,000,000 | 2027 |
6 |
Hendricks Kyle Hendricks | SP | 34 |
Extension
Arbitration |
$14,500,000 | 6.12% | $16,500,000 | |
7 |
Imanaga Shota Imanaga | SP | 30 |
Free Agent
Foreign Professional |
$13,250,000 | 5.59% | $10,000,000 | 2029 |
8 |
Hoerner Nico Hoerner | 2B | 27 |
Extension
Arbitration |
$11,666,667 | 4.92% | $11,500,000 | 2027 |
9 |
Smyly Drew Smyly | RP | 35 |
Free Agent
|
$9,500,000 | 4.01% | $10,500,000 | 2026 |
10 |
Steele Justin Steele | SP | 28 |
Arbitration 1
Super Two |
$4,000,000 | 1.69% | $4,000,000 | |
11 |
Wisdom Patrick Wisdom | 3B | 32 |
Arbitration 1
|
$2,725,000 | 1.15% | $2,725,000 | 2027 |
12 |
Tauchman Mike Tauchman | CF | 33 |
Arbitration 1
|
$1,950,000 | 0.82% | $1,950,000 | |
13 |
Paredes Isaac Paredes | 3B | 25 |
Arbitration 1
Super Two |
$1,169,892 | 0.49% | $1,169,892 | |
14 |
Assad Javier Assad | SP | 26 |
Pre-Arbitration
|
$755,000 | 0.32% | $755,000 | |
15 |
Amaya Miguel Amaya | C | 25 |
Pre-Arbitration
|
$746,500 | 0.32% | $746,500 | |
16 |
Busch Michael Busch | 1B | 26 |
Pre-Arbitration
|
$741,500 | 0.31% | $741,500 | |
17 |
Wesneski Hayden Wesneski | SP | 26 |
Pre-Arbitration
|
$636,480 | 0.27% | $636,480 | |
18 |
Crow-Armstrong Pete Crow-Armstrong | CF | 22 |
Pre-Arbitration
|
$592,795 | 0.25% | $592,795 | |
19 |
Miller Tyson Miller | RP | 28 |
Free Agent
|
$548,964 | 0.23% | $548,964 | |
20 |
Thompson Keegan Thompson | RP | 29 |
Pre-Arbitration
|
$533,052 | 0.22% | $533,052 | |
21 |
Kilian Caleb Kilian | SP | 27 |
Pre-Arbitration
|
$525,492 | 0.22% | $525,492 | |
22 |
Hodge Porter Hodge | RP | 23 |
Pre-Arbitration
|
$497,311 | 0.21% | $497,311 | |
23 |
Roberts Ethan Roberts | RP | 26 |
Free Agent
|
$343,862 | 0.15% | $343,862 | |
24 |
Pearson Nate Pearson | RP | 27 |
Arbitration 1
|
$275,264 | 0.12% | $275,264 | |
25 |
Bethancourt Christian Bethancourt | C | 32 |
Free Agent
|
$258,570 | 0.11% | $258,570 | |
26 |
Vazquez Luis Vazquez | SS | 24 |
Pre-Arbitration
|
$186,989 | 0.08% | $186,989 | |
27 |
Paredes Enoli Paredes | RP | 28 |
Free Agent
|
$19,890 | 0.01% | $19,890 | |
28 |
Alcantara Kevin Alcantara | OF | 21 |
Pre-Arbitration
|
$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 | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|
1 |
Alzolay
Adbert Alzolay
60-DAY: ARM
|
RP | 29 |
Arbitration 1
|
$2,110,000 | - | $2,110,000 | 2027 |
2 |
Almonte
Yency Almonte
60-DAY: SHOULDER
|
RP | 30 |
Arbitration 2
|
$1,900,000 | - | $1,900,000 | |
3 |
Madrigal
Nick Madrigal
60-DAY: FINGER
|
2B | 27 |
Arbitration 2
Super Two |
$1,810,000 | - | $1,810,000 | |
4 |
Merryweather
Julian Merryweather
60-DAY: KNEE
|
RP | 32 |
Arbitration 1
|
$1,175,000 | - | $1,175,000 | |
5 |
Wicks
Jordan Wicks
15-DAY: OBLIQUE
|
SP | 24 |
Pre-Arbitration
|
$741,500 | 0.31% | $741,500 | |
6 |
Brown
Ben Brown
60-DAY: NECK
|
RP | 24 |
Pre-Arbitration
|
$732,043 | - | $732,043 | |
7 |
Brewer
Colten Brewer
60-DAY: HAND
|
RP | 31 |
Free Agent
|
$656,370 | - | $656,370 | |
8 |
López
Jorge López
15-DAY: GROIN
|
RP | 31 |
Free Agent
|
$369,954 | 0.16% | $369,954 | |
9 |
Little
Luke Little
60-DAY: SHOULDER
|
RP | 23 |
Pre-Arbitration
|
$207,021 | - | $207,021 | |
10 |
Davis
Brennen Davis
60-DAY: ANKLE
|
OF | 24 |
Pre-Arbitration
|
$63,648 | - | $63,648 |
2024 Dead Money
Leftover salaries from players who have been traded or released, or buyouts for declined options.
| Player (4) | Pos | Age | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | |
|---|---|---|---|---|---|---|---|
1 |
Herget Jimmy Herget | RP | 30 | $50,000 | 0.02% | - | |
2 |
Bellinger Cody Bellinger | CF | 28 |
Buyout
|
- | - | $5,000,000 |
3 |
Smyly Drew Smyly | RP | 35 |
Buyout
|
- | - | $2,500,000 |
4 |
Boxberger Brad Boxberger | RP | 36 |
Buyout
|
- | - | $800,000 |
2024 Retained
Cap breakdowns for players who have cap retained. All count against the team's payroll.
| Player (20) | Pos | Age | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|
1 |
Neris Hector Neris | RP | 35 |
Retained
|
$9,000,000 | - | $9,000,000 | |
2 |
Mancini Trey Mancini | OF | 32 |
Retained
|
$7,000,000 | - | $7,000,000 | |
3 |
Gomes Yan Gomes | C | 36 |
Retained
|
$5,000,000 | - | $6,000,000 | |
4 |
Stroman Marcus Stroman | SP | 33 |
Retained
|
$2,666,667 | - | - | |
5 |
Barnhart Tucker Barnhart | C | 33 |
Retained
|
$2,510,000 | - | $3,250,000 | |
6 |
Leiter Jr. Mark Leiter Jr. | RP | 33 |
Retained
|
$1,000,000 | - | $1,000,000 | |
7 |
Morel Christopher Morel | 3B | 25 |
Retained
|
$507,188 | - | $507,188 | |
8 |
Armstrong Shawn Armstrong | RP | 33 |
Retained
|
$308,616 | - | $308,616 | |
9 |
Nido Tomás Nido | C | 30 |
Retained
|
$286,416 | - | $286,416 | |
10 |
Cooper Garrett Cooper | 1B | 33 |
Retained
|
$241,950 | - | $241,950 | |
11 |
Cuas José Cuas | RP | 30 |
Retained
|
$118,968 | - | $118,968 | |
12 |
Lovelady Richard Lovelady | RP | 28 |
Retained
|
$81,720 | - | $81,720 | |
13 |
Armstrong Shawn Armstrong | RP | 33 |
Retained
|
$50,000 | - | - | |
14 |
Miller Tyson Miller | RP | 28 |
Retained
|
$50,000 | - | $50,000 | |
15 |
Wingenter Trey Wingenter | RP | 30 |
Retained
|
$50,000 | - | - | |
16 |
Hollowell Gavin Hollowell | RP | 26 |
Retained
|
$50,000 | - | - | |
17 |
Paredes Enoli Paredes | RP | 28 |
Retained
|
$50,000 | - | - | |
18 |
Bigge Hunter Bigge | RP | 26 |
Retained
|
$35,802 | - | $35,802 | |
19 |
Nittoli Vinny Nittoli | RP | 33 |
Retained
|
$19,892 | - | $19,892 | |
20 |
Tinoco Jesus Tinoco | RP | 29 |
Retained
|
- | - | - |
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 | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|
1 |
Heyward Jason Heyward | RF | 34 | - | - | $5,000,000 |
2024 Luxury Tax Payroll Totals
| Competitive Balance Tax Threshold | $237,000,000 | |
| Tax Payroll | $239,851,546 | - |
|
Tax Bill
This team was a tax repeater at 20%.
|
$570,309 | - |
|
Projected Tax Bill
This team is currently a tax repeater at 20%.
|
$570,309 | - |
Glossary
First-Time Payor:
- 20% for exceeding by $20M or less
- 32% for exceeding by $20M-$40M
- 62.5% for exceeding by $40M-$60M
- 80% for exceeding by $60M+
Second-Time Payor:
- 30% for exceeding by $20M or less
- 42% for exceeding by $20M-$40M
- 75% for exceeding by $40M-$60M
- 90% for exceeding by $60M+
Third-Time (or more) Payor:
- 50% for exceeding by $20M or less
- 62% for exceeding by $20M-$40M
- 95% for exceeding by $40M-$60M
- 110% for exceeding by $60M+
Teams are considered “tax repeaters” when they exceed the threshold in consecutive seasons. They revert back to First-Time status after completing one season below the threshold.
Luxury Tax salaries are based on the Average Annual Value of all 40-man roster contracts, guaranteed contracts on the 60-day IL, retained salary from trades or releases, buried contracts in the minor leagues, a player benefits stipend, and the required pre-arbitration bonus pool contribution.
Players who are acquired or have contracts purchased during the season are calculated at a rate based on the amount of league days remaining in the season. If multiple years remain on the contract at the time of acquisition, the AAV is recalculated based on the total guaranteed money remaining.
Pre-Arbitration Players (0-3 years of service) are currently estimated at $820,000 ($40k above the $780,000 MLB minimum) Arbitration Salaries (3-6 years of service) are currently estimated based on the level of service (Arbitration 1-4), and Spotrac’s current Market Valuation for that player.
Player Benefits account for insurance, room & board stipends, transportation fees, etc…
The MLB Pre-Arbitration Bonus Pool is a $50 million pot of money created in the 2022 CBA to reward top-performing young players (under three years of service time) who are not yet eligible for salary arbitration. It's funded by all 30 teams, split into award bonuses and a statistical pool based on a version of Wins Above Replacement (WAR).
2024 Minor
Salaries from players currently in the system. denotes a buried salary that counts against the payroll.
| Player (10) | Pos | Age | Type | Luxury Tax | Luxury Tax % | Cash Salary | Free Agent | |
|---|---|---|---|---|---|---|---|---|
|
1 David Bote
|
2B | 31 |
Extension
Pre-Arbitration |
$3,000,000 | - | $5,500,000 | 2027 | |
|
2 Trey Wingenter
|
RP | 30 |
Free Agent
|
$1,200,000 | 0.51% | - | 2026 | |
|
3 Miles Mastrobuoni
|
LF | 28 |
Pre-Arbitration
|
$421,155 | 0.18% | $421,155 | ||
|
4 Daniel Palencia
|
RP | 24 |
Pre-Arbitration
|
$274,516 | 0.12% | $274,516 | ||
|
5 Jack Neely
|
RP | 24 |
Pre-Arbitration
|
$135,268 | 0.06% | $135,268 | ||
|
6 Alexander Canario
|
OF | 24 |
Pre-Arbitration
|
$123,318 | 0.05% | $123,318 | ||
|
7 Matt Mervis
|
1B | 26 |
Pre-Arbitration
|
$43,758 | 0.02% | $43,758 | ||
|
8 Gavin Hollowell
|
RP | 26 |
Pre-Arbitration
|
$3,978 | 0.00% | $3,978 | ||
|
9 Jimmy Herget
|
RP | 30 |
Pre-Arbitration
|
- | - | - | ||
|
10 Michael Arias
|
P | 22 |
Pre-Arbitration
|
- | - | - |
