Nick Martinez

Tampa Bay Rays, Starting Pitcher
Age: 35y-7m-1d (Aug 05, 1990)
Exp: 7.002 Years
Country: US
College: Fordham (NY)
Drafted: Round 18 (#564 overall), 2011
Agent(s): Boras Corporation
2026 Payroll Salary

$9,000,000

2026 Cash

$9,000,000

Career Earnings

$54,951,624

2026-2027 Free Agent (CURRENT)

Nick Martinez signed a 1 year, $13,000,000 contract with the Tampa Bay Rays, including $13,000,000 guaranteed, and an average annual salary of $13,000,000. In 2026, Martinez will earn a base salary of $9,000,000, while carrying a total salary of $9,000,000.
Contract Terms:
1 yr(s) / $13,000,000
Average Salary:
$13,000,000
Signing Bonus:
N/A
Free Agent:
2028 / UFA
YOS @ Signing:
7.002
Year Age YOS Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2026 35 7.002 $9,000,000 $13,000,000 5.33% $9,000,000 $9,000,000
2027 36 7.002
Mutual
 $20,000,000 $13,000,000 - $4,000,000 $13,000,000
2028 37 -
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2026 35 7.002 $9,000,000 - - $9,000,000 $13,000,000
2027 36 -
Mutual
 $20,000,000 - - $20,000,000 $13,000,000
2028 37 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2026 35 $9,000,000 $9,000,000 $9,000,000 $13,000,000 $9,000,000 $6,500,000
2027 36
Mutual
 $4,000,000 $4,000,000 $13,000,000 $4,000,000 $6,500,000 $4,000,000
Contract Notes

  • 2027 Mutual Option includes a $4M buyout

Source: MLB contract specifics generally collected from verified reports.

2025-2025 Qualifying Offer

Contract Terms:
1 yr(s) / $21,050,000
Average Salary:
$21,050,000
Signing Bonus:
N/A
Free Agent:
2026 / UFA
YOS @ Signing:
6.002
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2024-2025 Free Agent

Contract Terms:
2 yr(s) / $26,000,000
Average Salary:
$13,000,000
Signing Bonus:
N/A
YOS @ Signing:
5.002
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2023-2025 Free Agent

Contract Terms:
3 yr(s) / $26,000,000
Average Salary:
$8,666,667
Signing Bonus:
N/A
YOS @ Signing:
4.002
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2022-2025 Free Agent

Contract Terms:
4 yr(s) / $25,500,000
Average Salary:
$6,375,000
Signing Bonus:
$2,000,000
YOS @ Signing:
3.002
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2017-2017 Pre-Arbitration

Contract Terms:
1 yr(s) / $540,590
Average Salary:
$540,590
Signing Bonus:
N/A
YOS @ Signing:
2.045
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2016-2016 Pre-Arbitration

Contract Terms:
1 yr(s) / $519,190
Average Salary:
$519,190
Signing Bonus:
N/A
YOS @ Signing:
1.143
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2015-2015 Pre-Arbitration

Contract Terms:
1 yr(s) / $515,000
Average Salary:
$515,000
Signing Bonus:
N/A
YOS @ Signing:
1
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2014-2014 Pre-Arbitration

Contract Terms:
1 yr(s) / $500,000
Average Salary:
$500,000
Signing Bonus:
N/A
YOS @ Signing:
0
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Seasons

7.002 Years

Career Earnings thru 2026

$54,951,624

Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Service Status Cash Total Cash Cumulative Awards
2014 23
0
Active
$439,890
$439,890
2015 24
1
Active
$391,174
$831,064
2016 25
1.143
Active
$204,264
$1,035,328
2017 26
2.045
Active
$366,296
$1,401,624
2022 31
3.002
Active
Buyout
$6,000,000
$1,500,000
$7,401,624
$8,901,624
2023 32
4.002
Active
$11,000,000
$19,901,624
2024 33
5.002
Active
$14,000,000
$33,901,624
2025 34
6.002
Active
$21,050,000
$54,951,624
Total      
$54,951,624
$54,951,624
2026 35
7.002
Active
$9,000,000
2027 36
7.002
Active / Mutual
$4,000,000
Total
$67,951,624

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $1,401,624 - - $1,401,624
2 $15,500,000 $2,000,000 $1,000,000 $18,500,000
2 $35,050,000 - - $35,050,000
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2014
23
$439,890
$439,890
$439,890
2015
24
$391,174
$391,174
$831,064
2016
25
$204,264
$204,264
$1,035,328
2017
26
$366,296
$366,296
$1,401,624
2022
31
$4,000,000
$1,500,000
$2,000,000
$6,000,000
$1,500,000
$7,401,624
$8,901,624
2023
32
$10,000,000
$1,000,000
$11,000,000
$19,901,624
2024
33
$14,000,000
$14,000,000
$33,901,624
2025
34
$21,050,000
$21,050,000
$54,951,624
Total
$51,951,624
$2,000,000
$1,000,000
$54,951,624
$54,951,624
2026
35
$9,000,000
$9,000,000
2027
36
$4,000,000
$4,000,000
Total
$64,951,624
$2,000,000
$1,000,000
$67,951,624

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $1,401,624 - - $1,401,624
2 $15,500,000 $2,000,000 $1,000,000 $18,500,000
2 $35,050,000 - - $35,050,000
  • Feb 09, 2026 Signed a 1 year $13 million contract with Tampa Bay (TB)
  • Nov 18, 2024 Signed a 1 year $21.05 million Qualifying Offer contract with Cincinnati (CIN)
  • Nov 04, 2024 Cincinnati (CIN) extended a 1 year $21.05 million Qualifying Offer
  • Nov 01, 2024 Declined a $12 million player option with Cincinnati (CIN)
  • Nov 30, 2023 Signed a 2 year $26 million contract with Cincinnati (CIN), including a player option for 2025
  • Nov 04, 2023 San Diego (SD) declined an option for 2024
  • Nov 16, 2022 Signed a 3 year $26 million contract extension with San Diego (SD)
  • Nov 10, 2022 Declined a $6.5 million player option for 2023 ($1.5M buyout)
  • Mar 16, 2022 Signed a 4 year $25.5 million contract with San Diego (SD)
  • Dec 01, 2017 Non-Tendered by Texas (TEX)
  • Mar 01, 2016 Signed a 1 year $519,190 contract with Texas (TEX)
  • Mar 04, 2015 Signed a 1 year $515k contract with Texas (TEX)
  • Jun 24, 2011 Drafted by Texas (TEX): Round 18 (#564 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2025 CIN 40 26 158 86 82 42 116 22 11 14 0 165.7 4.46 1.21 2.34
2024 CIN 42 16 128 56 49 18 116 13 10 7 0 142.3 3.10 1.03 3.98
2023 SD 62 9 99 45 42 40 106 12 6 4 1 110.3 3.43 1.26 1.47
2022 SD 47 10 96 44 41 41 95 15 4 4 8 106.3 3.47 1.29 1.24
2017 TEX 23 18 124 74 70 28 67 26 3 8 0 111.3 5.66 1.37 0.27
2016 TEX 12 5 45 24 24 19 16 8 2 3 0 38.7 5.59 1.66 0.05
2015 TEX 24 21 135 66 55 46 77 16 7 7 0 125.0 3.96 1.45 1.15
2014 TEX 32 24 150 79 71 55 77 18 5 12 0 140.3 4.55 1.46 0.54

Calculated Market Value

$14.3M Avg. Annual Salary

Market Value

  • 2 years, $28,548,000
  • Avg. Salary: $14,274,000
  • MLB Rank: 124
  • SP Rank: 46

Current Contract

  • Free Agent: 2028
  • Avg. Salary: $13,000,000
  • MLB Rank: 133
  • SP Rank: 48

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Nick Martinez to.

Player Length Value Avg. Salary Age When Signed
Seth Lugo 3 $45,000,000 $15,000,000 34
Chris Sale 2 $38,000,000 $19,000,000 34
Alex Cobb 1 $15,000,000 $15,000,000 37
Clayton Kershaw 1 $7,500,000 $7,500,000 36
Averages 2 $26,375,000 $14,125,000 35.3

Base Calculated Value

After adjusting the above contracts as if signed at Martinez's current age (35), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
2 $27,111,112 $13,555,556

Statistical Comparisons

Now we'll compare our variables and Martinez statistically over the two seasons prior to their signing. In this case we're analyzing: GS/Yr, IP, K/9, BB/9, ERA, WHIP, FIP, WAR

Player GS/Yr IP K/9 BB/9 ERA WHIP FIP WAR
Seth Lugo
2022-2023
 13.00 2.40 9.08 2.35 3.59 1.19 3.80 3.50
Chris Sale
2022-2023
 11.00 4.92 9.45 2.06 3.74 1.09 3.10 2.57
Alex Cobb
2023-2024
 15.50 5.41 6.65 1.92 3.32 1.18 3.65 3.05
Clayton Kershaw
2023-2024
 15.50 5.22 8.28 2.72 3.48 1.28 3.78 3.78
Average 13.75 4.49 8.37 2.26 3.53 1.19 3.58 3.23
Nick Martinez
2024-2025
 21.00 3.87 6.86 1.70 3.87 1.12 3.80 4.85
Pct Change 52.73 -13.81 -18.04 24.78 -9.63 5.88 -6.15 50.15
Median Prime % Change -0.14%
Average Prime % Change 10.74%

Calculated Market Value: Nick Martinez

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
2 years, $28,548,000 $14,274,000
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