Minnesota Twins 2024 Financial Summary

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

Filtering & Sorting...
Total Payroll Allocations

$147,588,635 / 19th

Adjusted Payroll Total

$126,928,667

Tax Space

$77,331,810

Cash Total

$134,402,477 / 19th

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
Correa
1
Carlos Correa
SS 29 $33,333,333 $33,333,333 14.06% $36,000,000 2033
Buxton
2
Byron Buxton
CF 30 $15,142,857 $14,285,714 6.03% $15,000,000 2029
Vazquez
3
Christian Vazquez
C 33 $10,000,000 $10,000,000 4.22% $10,000,000 2026
Kepler
4
Max Kepler
RF 31 $10,000,000 $9,000,000 3.80% $10,000,000 2025
López
5
Pablo López
SP 28 $8,250,000 $18,375,000 7.75% $9,000,000 2028
Farmer
6
Kyle Farmer
SS 33 $6,250,000 $6,300,000 2.66% $6,250,000 2026
Santana
7
Carlos Santana
1B 38 $5,250,000 $5,250,000 2.22% $5,250,000 2025
Margot
8
Manuel Margot
RF 29 $4,000,000 $6,000,000 2.53% $4,000,000 2026
Castro
9
Willi Castro
SS 27 $3,300,000 $3,300,000 1.39% $3,300,000 2026
Thielbar
10
Caleb Thielbar
RP 37 $3,225,000 $3,225,000 1.36% $3,225,000 2025
Paddack
11
Chris Paddack
SP 28 $2,525,000 $4,175,000 1.76% $2,525,000 2026
Jeffers
12
Ryan Jeffers
C 27 $2,425,000 $2,425,000 1.02% $2,425,000 2027
Kirilloff
13
Alex Kirilloff
1B 26 $1,350,000 $1,350,000 0.57% $1,350,000 2028
Jackson
14
Jay Jackson
RP 36 $1,300,000 $1,500,000 0.63% $1,300,000 2026
Okert
15
Steven Okert
RP 32 $1,062,500 $1,062,500 0.45% $1,062,500 2027
Staumont
16
Josh Staumont
RP 30 $950,000 $950,000 0.40% $950,000 2025
Alcala
17
Jorge Alcala
RP 28 $790,000 $845,000 0.36% $790,000 2026
Ober
18
Bailey Ober
SP 28 $761,850 $761,850 0.32% $761,850 2028
Jax
19
Griffin Jax
RP 29 $761,750 $761,750 0.32% $761,750 2028
Ryan
20
Joe Ryan
SP 28 $758,850 $758,850 0.32% $758,850 2028
Sands
21
Cole Sands
RP 26 $749,450 $749,450 0.32% $749,450
Duran
22
Jhoan Duran
RP 26 $747,200 $747,200 0.32% $747,200 2028
Lewis
23
Royce Lewis
SS 25 $745,700 $745,700 0.31% $745,700
Miranda
24
Jose Miranda
SS 26 $692,172 $692,172 0.29% $692,172
Larnach
25
Trevor Larnach
OF 27 $660,348 $660,348 0.28% $660,348 2028
Woods-Richardson
26
Simeon Woods-Richardson
SP 23 $628,524 $628,524 0.27% $628,524

2024 Injured List

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

Player (5) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
DeSclafani
1
Anthony DeSclafani
SP 34 $4,000,000 $4,000,000 - $4,000,000
Topa
2
Justin Topa
RP 33 $1,250,000 $1,250,000 - $1,250,000
Stewart
3
Brock Stewart
RP 32 $900,000 $900,000 0.38% $900,000
Duarte
4
Daniel Duarte
RP 27 $750,000 $750,000 - $750,000
Weiss
5
Zack Weiss
RP 32 $744,550 $744,550 - $744,550

2024 Retained

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

Player (2) 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%
Tonkin
2
Michael Tonkin
RP 34 $21,504 $21,504 0.01%

2024 Payroll Totals

Payroll Summary
Active Roster $115,659,534 11th
Injured List $7,644,550 29th
Retained $106,045 30th
Minor $3,518,538 9th
Total Payroll Allocations $147,588,635 19th
Total Adjusted Payroll Allocations $126,928,667 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 $127,882,391 13th
Est. Injured Contracts $7,644,550 -
Est. Retained Contracts $106,045 -
Est. Player Benefits $17,000,000 -
Est. Minor Buried League Contracts $3,118,538 -
Est. Minor League Contracts $2,250,000 -
Est. Pre-Arbitration Bonus Pool Contribution $1,666,666 -
Est. Actual Tax Payroll $159,668,190 -
Est. Competitive Balance Tax Space $77,331,810 14th
     
Est. Projected Competitive Balance Tax Space (Active + Est. Arb + Est. Pre-Arb) $77,331,810 -

2024 Minor

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

Player (15) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Randy Dobnak
SP 29 $2,250,000 $1,850,000 - $2,250,000 2029
2
Edouard Julien
2B 25 $273,020 $273,020 0.12% $273,020
3
Josh Winder
SP 27 $246,562 $246,562 0.10% $246,562
4
Kody Funderburk
P 27 $234,702 $234,702 0.10% $234,702
5
Austin Martin
SS 25 $182,988 $182,988 0.08% $182,988
6
Louie Varland
SP 26 $108,216 $108,216 0.05% $108,216
7
Matt Wallner
RF 26 $80,160 $80,160 0.03% $80,160
8
Diego Castillo
RP 30 $75,264 $75,264 0.03% $75,264
9
Jair Camargo
C 25 $35,802 $35,802 0.02% $35,802
10
Caleb Boushley
SP 30 $19,890 $19,890 0.01% $19,890
11
Ronny Henriquez
SP 24 $11,934 $11,934 0.01% $11,934
12
Yunior Severino
SS 24 - - - -
13
Matt Canterino
P 26 - - - -
14
Brent Headrick
P 26 - - - -
15
Emmanuel Rodriguez
CF 21 - - - -

TRANSACTIONS

Jun 12, 2024
Louie Varland

Optioned to the Minors by Minnesota (MIN)

Jun 12, 2024
Jay Jackson

Contract purchased by Minnesota (MIN)

Jun 11, 2024
Diego Castillo

Optioned to the Minors by Minnesota (MIN)

Jun 11, 2024
Louie Varland

Recalled from the Minors by Minnesota (MIN)

Jun 03, 2024
Edouard Julien

Optioned to the Minors by Minnesota (MIN)

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