Minnesota Twins 2024 Financial Summary

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

Filtering & Sorting...
Total Payroll Allocations

$146,663,899 / 19th

Adjusted Payroll Total

$127,362,299

Tax Space

$76,898,178

Cash Total

$134,836,109 / 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
Jackson
13
Jay Jackson
RP 36 $1,300,000 $1,500,000 0.63% $1,300,000 2026
Okert
14
Steven Okert
RP 32 $1,062,500 $1,062,500 0.45% $1,062,500 2027
Staumont
15
Josh Staumont
RP 30 $950,000 $950,000 0.40% $950,000 2025
Alcala
16
Jorge Alcala
RP 28 $790,000 $845,000 0.36% $790,000 2026
Ober
17
Bailey Ober
SP 28 $761,850 $761,850 0.32% $761,850 2028
Jax
18
Griffin Jax
RP 29 $761,750 $761,750 0.32% $761,750 2028
Ryan
19
Joe Ryan
SP 28 $758,850 $758,850 0.32% $758,850 2028
Sands
20
Cole Sands
RP 26 $749,450 $749,450 0.32% $749,450
Duran
21
Jhoan Duran
RP 26 $747,200 $747,200 0.32% $747,200 2028
Lewis
22
Royce Lewis
SS 25 $745,700 $745,700 0.31% $745,700
Miranda
23
Jose Miranda
SS 26 $692,172 $692,172 0.29% $692,172
Larnach
24
Trevor Larnach
OF 27 $660,348 $660,348 0.28% $660,348 2028
Woods-Richardson
25
Simeon Woods-Richardson
SP 23 $628,524 $628,524 0.27% $628,524
Martin
26
Austin Martin
SS 25 $612,612 $612,612 0.26% $612,612

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 (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 $114,922,146 10th
Injured List $7,644,550 30th
Retained $181,309 30th
Minor $4,614,294 6th
Total Payroll Allocations $146,663,899 19th
Total Adjusted Payroll Allocations $127,362,299 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 $127,145,003 13th
Est. Injured Contracts $7,644,550 -
Est. Retained Contracts $181,309 -
Est. Player Benefits $17,000,000 -
Est. Minor Buried League Contracts $4,214,294 -
Est. Minor League Contracts $2,250,000 -
Est. Pre-Arbitration Bonus Pool Contribution $1,666,666 -
Est. Actual Tax Payroll $160,101,822 -
Est. Competitive Balance Tax Space $76,898,178 14th
     
Est. Projected Competitive Balance Tax Space (Active + Est. Arb + Est. Pre-Arb) $76,898,178 -

2024 Minor

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

Player (14) 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
Alex Kirilloff
1B 26 $1,350,000 $1,350,000 0.57% $1,350,000 2028
3
Edouard Julien
2B 25 $273,020 $273,020 0.12% $273,020
4
Josh Winder
SP 27 $246,562 $246,562 0.10% $246,562
5
Kody Funderburk
P 27 $234,702 $234,702 0.10% $234,702
6
Louie Varland
SP 26 $112,224 $112,224 0.05% $112,224
7
Matt Wallner
RF 26 $80,160 $80,160 0.03% $80,160
8
Jair Camargo
C 25 $35,802 $35,802 0.02% $35,802
9
Caleb Boushley
SP 30 $19,890 $19,890 0.01% $19,890
10
Ronny Henriquez
SP 24 $11,934 $11,934 0.01% $11,934
11
Yunior Severino
SS 24 - - - -
12
Matt Canterino
P 26 - - - -
13
Brent Headrick
P 26 - - - -
14
Emmanuel Rodriguez
CF 21 - - - -

TRANSACTIONS

Jun 16, 2024
Louie Varland

Optioned to the Minors by Minnesota (MIN)

Jun 16, 2024
Louie Varland

Recalled from the Minors by Minnesota (MIN)

Jun 13, 2024
Austin Martin

Recalled from the Minors by Minnesota (MIN)

Jun 12, 2024
Louie Varland

Optioned to the Minors by Minnesota (MIN)

Jun 12, 2024
Jay Jackson

Contract purchased by Minnesota (MIN)

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