Minnesota Twins 2024 Financial Summary

A current summary of Minnesota Twins 2024 player cap & cash figures.

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Total Payroll

$148,883,899 / 19th

Adjusted Payroll Total

$129,394,576

Tax Space

$74,865,901

Cash Total

$136,968,386 / 20th

2024 Active Roster

Pre-Arbitration
Arbitration
Player Option
Opt-Out
Club Option
Mutual Option
Vested Option
Estimate
Player (26) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
Buxton
1
Byron Buxton
CF 30 $15,142,857 $14,285,714 6.03% $15,000,000 2029
Vazquez
2
Christian Vazquez
C 33 $10,000,000 $10,000,000 4.22% $10,000,000 2026
Kepler
3
Max Kepler
RF 31 $10,000,000 $9,000,000 3.80% $10,000,000 2025
López
4
Pablo López
SP 28 $8,250,000 $18,375,000 7.75% $9,000,000 2028
Santana
5
Carlos Santana
1B 38 $5,250,000 $5,250,000 2.22% $5,250,000 2025
Margot
6
Manuel Margot
RF 29 $4,000,000 $6,000,000 2.53% $4,000,000 2026
Castro
7
Willi Castro
SS 27 $3,300,000 $3,300,000 1.39% $3,300,000 2026
Thielbar
8
Caleb Thielbar
RP 37 $3,225,000 $3,225,000 1.36% $3,225,000 2025
Jeffers
9
Ryan Jeffers
C 27 $2,425,000 $2,425,000 1.02% $2,425,000 2027
Okert
10
Steven Okert
RP 32 $1,062,500 $1,062,500 0.45% $1,062,500 2027
Staumont
11
Josh Staumont
RP 30 $950,000 $950,000 0.40% $950,000 2025
Alcala
12
Jorge Alcala
RP 28 $790,000 $845,000 0.36% $790,000 2026
Ober
13
Bailey Ober
SP 28 $761,850 $761,850 0.32% $761,850 2028
Jax
14
Griffin Jax
RP 29 $761,750 $761,750 0.32% $761,750 2028
Ryan
15
Joe Ryan
SP 28 $758,850 $758,850 0.32% $758,850 2028
Sands
16
Cole Sands
RP 26 $749,450 $749,450 0.32% $749,450
Duran
17
Jhoan Duran
RP 26 $747,200 $747,200 0.32% $747,200 2028
Larnach
18
Trevor Larnach
OF 27 $660,348 $660,348 0.28% $660,348 2028
Woods-Richardson
19
Simeon Woods-Richardson
SP 23 $628,524 $628,524 0.27% $628,524
Martin
20
Austin Martin
SS 25 $612,612 $612,612 0.26% $612,612
Julien
21
Edouard Julien
2B 25 $558,085 $558,085 0.24% $558,085
Wallner
22
Matt Wallner
RF 26 $416,832 $416,832 0.18% $416,832
Lee
23
Brooks Lee
SS 23 $350,064 $350,064 0.15% $350,064
Camargo
24
Jair Camargo
C 25 $350,064 $350,064 0.15% $350,064
Castillo
25
Diego Castillo
2B 30 $306,306 $306,306 0.13% $306,306
Henriquez
26
Ronny Henriquez
SP 24 $298,350 $298,350 0.13% $298,350

2024 Injured List

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

Player (11) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
Correa
1
Carlos Correa
SS 29 $33,333,333 $33,333,333 14.06% $36,100,000
Farmer
2
Kyle Farmer
SS 33 $6,250,000 $6,300,000 2.66% $6,250,000
DeSclafani
3
Anthony DeSclafani
RP 34 $4,000,000 $4,000,000 - $4,000,000
Paddack
4
Chris Paddack
SP 28 $2,525,000 $4,175,000 1.76% $2,525,000
Kirilloff
5
Alex Kirilloff
1B 26 $1,350,000 $1,350,000 0.57% $1,350,000
Topa
6
Justin Topa
RP 33 $1,250,000 $1,250,000 - $1,250,000
Stewart
7
Brock Stewart
RP 32 $900,000 $900,000 - $900,000
Duarte
8
Daniel Duarte
RP 27 $750,000 $750,000 - $750,000
Lewis
9
Royce Lewis
SS 25 $745,700 $745,700 0.31% $745,700
Miranda
10
Jose Miranda
DH 26 $692,172 $692,172 0.29% $692,172
Funderburk
11
Kody Funderburk
RP 27 $632,502 $632,502 0.27% $632,502

2024 Retained

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

Player (3) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT   Free Agent Year
Bowman
1
Matt Bowman
RP 33 $84,541 $84,541 0.04%
Castillo
2
Diego Castillo
RP 30 $75,264 $75,264 0.03%
Tonkin
3
Michael Tonkin
RP 34 $21,504 $21,504 0.01%

2024 Payroll Totals

Payroll Summary
Active Roster $72,355,642 25th
Injured List $52,428,707 8th
Retained $181,309 30th
Minor $4,428,918 7th
Total Payroll Allocations $148,883,899 19th
Total Adjusted Payroll Allocations $129,394,576 19th

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
Est. Guaranteed Contracts $82,678,499 21st
Est. Injured Contracts $54,128,707 -
Est. Retained Contracts $181,309 -
Est. Player Benefits $17,000,000 -
Est. Minor Buried League Contracts $4,228,918 -
Est. Minor League Contracts $2,250,000 -
Est. Pre-Arbitration Bonus Pool Contribution $1,666,666 -
Est. Actual Tax Payroll $162,134,099 -
Est. Competitive Balance Tax Space $74,865,901 14th
     
Est. Projected Competitive Balance Tax Space (Active + Est. Arb + Est. Pre-Arb) $74,865,901 -

2024 Minor

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

Player (11)   Pos Age Payroll Salary Luxury Tax Luxury Tax % Cash Total Free Agent
1
Randy Dobnak
  SP 29 $2,250,000 $1,850,000 - $2,250,000 2029
2
Jay Jackson
  RP 36 $1,300,000 $1,500,000 - $1,300,000 2026
3
Zack Weiss
  RP 32 $448,336 $448,336 - $448,336
4
Josh Winder
  SP 27 $258,688 $258,688 0.11% $258,688
5
Louie Varland
  SP 26 $112,224 $112,224 0.05% $112,224
6
David Festa
  SP 24 $39,780 $39,780 0.02% $39,780
7
Caleb Boushley
  SP 30 $19,890 $19,890 - $19,890
8
Yunior Severino
  SS 24 - - - -
9
Matt Canterino
  P 26 - - - -
10
Brent Headrick
  P 26 - - - -
11
Emmanuel Rodriguez
  CF 21 - - - -

TRANSACTIONS

Jul 21, 2024
Ronny Henriquez, SP

Recalled from the Minors by Minnesota (MIN)

Jul 20, 2024
Edouard Julien, 2B

Recalled from the Minors by Minnesota (MIN)

Jul 18, 2024
Merit Jones, P

Drafted by Minnesota (MIN): Round 20 (#608 overall)

Jul 17, 2024
Ivran Romero, P

Signed a contract with Minnesota (MIN)

Jul 17, 2024
Zander Sechrist, P

Signed a contract with Minnesota (MIN)

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