Richard Palacios

Tampa Bay Rays, Right Field
Age: 26-5d (May 16, 1997)
Exp: 0.156 Years
Country: US
College: Towson
Drafted: Round 3 (#103 overall), 2018
2024 Payroll Salary

$745,200

2024 Cash

$745,200

Career Earnings

$1,744,381

2024-2024 Pre-Arb (CURRENT)

Richard Palacios signed a 1 year , $745,200 contract with the Tampa Bay Rays, including $745,200 guaranteed, and an average annual salary of $745,200. In 2024, Palacios will earn a base salary of $745,200, while carrying a total salary of $745,200.

Contract Terms:
1 yr(s) / $745,200
Average Salary:
$745,200
Signing Bonus:
N/A
Year Age PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2024 27 $745,200 $745,200 0.31% $745,200 $745,200
Year Age Service Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2024 27 0.156 $745,200 - - $745,200 $745,200
Year Age Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 27 $745,200 $745,200 $745,200 $745,200 $745,200
Source: MLB contract specifics generally collected from verified reports.

2022-2022 Pre-Arb

Richard Palacios signed a 1 year , $700,000 contract with the Cleveland Guardians, including $700,000 guaranteed, and an average annual salary of $700,000.

Contract Terms:
1 yr(s) / $700,000
Average Salary:
$700,000
Signing Bonus:
N/A
To see the rest of the Richard Palacios's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2018-2018 Signing Bonus

Richard Palacios signed a 1 year , $475,000 contract with the Cleveland Indians, including $475,000 guaranteed, and an average annual salary of $475,000.

Contract Terms:
1 yr(s) / $475,000
Average Salary:
$475,000
Signing Bonus:
N/A
To see the rest of the Richard Palacios's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Career Earnings thru 2024

$1,744,381

Career Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2018 21
Signing Bonus
$475,000
$475,000
2022 25
Reserve / minor-buried
$349,986
$824,986
2023 26
Active
$174,195
$999,181
2024 27
Active
$745,200
$1,744,381
Total      
$1,744,381
$1,744,381
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2018
21
$475,000
$475,000
$475,000
2022
25
$349,986
$349,986
$824,986
2023
26
$174,195
$174,195
$999,181
2024
27
$745,200
$745,200
$1,744,381
Total
$1,269,381
$475,000
$1,744,381
$1,744,381

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $349,986 $475,000 - $824,986
1 $174,195 - - $174,195
1 $745,200 - - $745,200
  • Mar 01, 2024 Signed a 1 year $745,200 contract with Tampa Bay (TB)
  • Jan 05, 2024 Traded to Tampa Bay (TB) from St. Louis (STL) for Andrew Kittredge
  • Aug 17, 2023 Recalled from the Minors by St. Louis (STL)
  • Jun 16, 2023 Traded to St. Louis (STL) from Cleveland (CLE) for $100,000
  • Jun 11, 2023 Designated for Assignment by Cleveland (CLE)
  • Sep 21, 2022 Demoted to the Minors by Cleveland (CLE)
  • Aug 23, 2022 Promoted from the Minors by Cleveland (CLE)
  • Jul 08, 2022 Demoted to the Minors by Cleveland (CLE)
  • May 26, 2022 Promoted from the Minors by Cleveland (CLE)
  • May 20, 2022 Demoted to the Minors by Cleveland (CLE)
  • May 14, 2022 Promoted from the Minors by Cleveland (CLE)
  • May 08, 2022 Optioned to the Minors by Cleveland (CLE)
  • Apr 25, 2022 Promoted from the Minors by Cleveland (CLE)
  • Mar 24, 2022 Optioned to the Minors by Cleveland (CLE)
  • Nov 19, 2021 Contract purchased by Cleveland (CLE)
  • Jun 13, 2018 Signed a contract with Cleveland (CLE)
  • Jun 06, 2018 Drafted by Cleveland (CLE): Round 3 (#103 overall)
Year Team GP GS AB R H 2B 3B HR RBI TB BB K SB AVG OBP SLG OPS H R ER BB K HR W L SV IP ERA WHIP WAR
Top