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MLB
Texas Rangers 2024 Financial Summary
A current summary of Texas Rangers 2024 player cap & cash figures.
RELATED:
Texas Rangers Offseason Preview
Total Tax
$250,563,936
Active Tax
$147,209,070
Projected Cash Payroll
$238,598,007 / 9th
2024 Active Roster
| Player (28) | Pos | Age | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|
1 |
deGrom Jacob deGrom | SP | 36 |
Free Agent
|
$37,000,000 | 15.61% | $40,000,000 | 2029 |
2 |
Semien Marcus Semien | 2B | 33 |
Free Agent
|
$25,000,000 | 10.55% | $26,000,000 | 2029 |
3 |
Eovaldi Nathan Eovaldi | SP | 34 |
Free Agent
|
$17,000,000 | 7.17% | $19,000,000 | |
4 |
Heaney Andrew Heaney | SP | 33 |
Free Agent
|
$12,500,000 | 5.27% | $13,000,000 | |
5 |
Robertson David Robertson | RP | 39 |
Free Agent
|
$11,500,000 | 4.85% | $5,000,000 | 2026 |
6 |
Lowe Nathaniel Lowe | 1B | 28 |
Arbitration 2
Super Two |
$7,500,000 | 3.16% | $7,500,000 | |
7 |
García Adolis García | RF | 31 |
Extension
Arbitration |
$7,000,000 | 2.95% | $4,750,000 | 2027 |
8 |
Leclerc Jose Leclerc | RP | 30 |
Extension
Pre-Arbitration |
$6,250,000 | 2.64% | $6,250,000 | |
9 |
Yates Kirby Yates | RP | 37 |
Free Agent
|
$4,500,000 | 1.90% | $4,500,000 | |
10 |
Dunning Dane Dunning | SP | 29 |
Arbitration 1
|
$3,325,000 | 1.40% | $3,325,000 | |
11 |
Heim Jonah Heim | C | 29 |
Arbitration 1
|
$3,050,000 | 1.29% | $3,050,000 | |
12 |
Taveras Leody Taveras | CF | 25 |
Arbitration 1
Super Two |
$2,550,000 | 1.08% | $2,550,000 | |
13 |
Chafin Andrew Chafin | RP | 34 |
Free Agent
|
$1,995,940 | 0.84% | $1,995,940 | 2026 |
14 |
Jankowski Travis Jankowski | DH | 33 |
Free Agent
|
$1,700,000 | 0.72% | $1,700,000 | |
15 |
Kelly Carson Kelly | C | 29 |
Free Agent
|
$1,166,654 | 0.49% | $1,166,654 | |
16 |
Sborz Josh Sborz | RP | 30 |
Arbitration 1
|
$1,025,000 | 0.43% | $1,025,000 | |
17 |
Smith Josh H. Smith | DH | 26 |
Pre-Arbitration
|
$749,500 | 0.32% | $749,500 | |
18 |
Bradford Cody Bradford | RP | 26 |
Pre-Arbitration
|
$748,500 | 0.32% | $748,500 | |
19 |
Langford Wyatt Langford | LF | 22 |
Pre-Arbitration
|
$740,000 | 0.31% | $740,000 | |
20 |
Duran Ezequiel Duran | 2B | 25 |
Pre-Arbitration
|
$620,568 | 0.26% | $620,568 | |
21 |
Foscue Justin Foscue | 2B | 25 |
Pre-Arbitration
|
$489,294 | 0.21% | $489,294 | |
22 |
Garabito Gerson Garabito | RP | 28 |
Pre-Arbitration
|
$250,614 | 0.11% | $250,614 | |
23 |
Ornelas Jonathan Ornelas | SS | 24 |
Pre-Arbitration
|
$238,680 | 0.10% | $238,680 | |
24 |
Festa Matt Festa | RP | 31 |
Free Agent
|
$194,922 | 0.08% | $194,922 | |
25 |
Robert Daniel Robert | RP | 29 |
Pre-Arbitration
|
$59,670 | 0.03% | $59,670 | |
26 |
Duffy Matt Duffy | 3B | 33 |
Free Agent
|
$26,882 | 0.01% | $26,881 | 2025 |
27 |
Harris Dustin Harris | 3B | 24 |
Pre-Arbitration
|
$19,890 | 0.01% | $19,890 | |
28 |
Church Marc Church | RP | 23 |
Pre-Arbitration
|
$7,956 | 0.00% | $7,956 |
2024 Injured List
Salaries from players who have been placed on the injured list, still counting against the payroll.
| Player (10) | Pos | Age | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|
1 |
Seager Corey Seager | SS | 30 |
Free Agent
|
$32,500,000 | 13.71% | $34,500,000 | 2032 |
2 |
Gray Jon Gray | SP | 32 |
Free Agent
|
$14,000,000 | - | $13,000,000 | 2026 |
3 |
Scherzer Max Scherzer | SP | 39 |
Free Agent
|
$12,500,000 | 5.27% | $12,500,000 | |
4 |
Mahle Tyler Mahle | SP | 29 |
Free Agent
|
$11,000,000 | - | $5,500,000 | 2026 |
5 |
Ureña José Ureña | RP | 32 |
Free Agent
|
$1,500,000 | 0.63% | $1,500,000 | 2025 |
6 |
Jung Josh Jung | 3B | 26 |
Pre-Arbitration
|
$756,000 | 0.32% | $756,000 | |
7 |
Carter Evan Carter | LF | 21 |
Pre-Arbitration
|
$745,000 | - | $745,000 | |
8 |
Coleman Carson Coleman | P | 26 |
Pre-Arbitration
|
$740,000 | - | $740,000 | |
9 |
Anderson Grant Anderson | RP | 27 |
Pre-Arbitration
|
$365,001 | 0.15% | $365,001 | |
10 |
Winn Cole Winn | RP | 24 |
Pre-Arbitration
|
$159,120 | - | $159,120 |
2024 Dead Money
Leftover salaries from players who have been traded or released, or buyouts for declined options.
| Player (2) | Pos | Age | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | |
|---|---|---|---|---|---|---|---|
1 |
Robertson David Robertson | RP | 39 |
Buyout
|
- | - | $1,500,000 |
2 |
Chafin Andrew Chafin | RP | 34 |
Buyout
|
- | - | $500,000 |
2024 Retained
Cap breakdowns for players who have cap retained. All count against the team's payroll.
| Player (14) | Pos | Age | Type | Luxury Tax | Luxury Tax % League CBT | Cash Salary 2024 | Free Agent Year | |
|---|---|---|---|---|---|---|---|---|
1 |
Lorenzen Michael Lorenzen | SP | 32 |
Retained
|
$2,999,972 | - | $2,999,972 | |
2 |
Knizner Andrew Knizner | C | 29 |
Retained
|
$1,254,973 | - | $1,304,973 | |
3 |
Grossman Robbie Grossman | RF | 34 |
Retained
|
$885,470 | - | $935,470 | |
4 |
Hernandez Jonathan Hernandez | RP | 27 |
Retained
|
$800,081 | - | $850,081 | |
5 |
Burke Brock Burke | RP | 27 |
Retained
|
$717,903 | - | $767,903 | |
6 |
Pruitt Austin Pruitt | RP | 34 |
Retained
|
$566,680 | - | $566,680 | |
7 |
Wendzel Davis Wendzel | 3B | 27 |
Retained
|
$238,781 | - | $288,781 | |
8 |
Rodriguez Yerry Rodriguez | RP | 26 |
Retained
|
$195,755 | - | $195,755 | |
9 |
Walsh Jared Walsh | 1B | 30 |
Retained
|
$193,560 | - | $193,560 | |
10 |
Hill Derek Hill | OF | 28 |
Retained
|
$147,581 | - | $197,581 | |
11 |
Tinoco Jesus Tinoco | RP | 29 |
Retained
|
$116,935 | - | $116,935 | |
12 |
Kelly Antoine Kelly | P | 24 |
Retained
|
$35,337 | - | $35,337 | |
13 |
Ingram Kolton Ingram | RP | 27 |
Retained
|
$10,374 | - | $10,374 | |
14 |
Anderson Shaun Anderson | RP | 29 |
Retained
|
$9,677 | - | $59,677 |
2024 Luxury Tax Payroll Totals
| Competitive Balance Tax Threshold | $237,000,000 | |
| Tax Payroll | $268,445,491 | - |
|
Tax Bill
This team was a tax repeater at 30%.
|
$10,807,106 | - |
|
Projected Tax Bill
This team is currently a tax repeater at 30%.
|
$10,807,106 | - |
Tax Bill Breakdown
The Texas Rangers are being assessed at 30%. This means this is the second consecutive year the team is above the tax threshold. They will also be assessed at the following surcharges for additional overages over $20 million: 12%
| Salaries | Level Tax Tier | Amount Over | Amount Level Assessed | Tax % Base | Tax % Overage Charge | Total Level Amount | Total Cumulative |
|---|---|---|---|---|---|---|---|
| $268,445,491 | $237,000,000 | $31,445,491 | $20,000,000 | 0.30 | 0.000 | $6,000,000 | $6,000,000 |
| $257,000,000 | $11,445,491 | $11,445,491 | 0.30 | 0.120 | $4,807,106 | $10,807,106 | |
| $277,000,000 | - | - | 0.30 | 0.450 | |||
| $297,000,000 | - | - | 0.30 | 0.600 | |||
| $268,445,491 | Tax Bill: | $10,807,106 |
Glossary
First-Time Payor:
- 20% for exceeding by $20M or less
- 32% for exceeding by $20M-$40M
- 62.5% for exceeding by $40M-$60M
- 80% for exceeding by $60M+
Second-Time Payor:
- 30% for exceeding by $20M or less
- 42% for exceeding by $20M-$40M
- 75% for exceeding by $40M-$60M
- 90% for exceeding by $60M+
Third-Time (or more) Payor:
- 50% for exceeding by $20M or less
- 62% for exceeding by $20M-$40M
- 95% for exceeding by $40M-$60M
- 110% for exceeding by $60M+
Teams are considered “tax repeaters” when they exceed the threshold in consecutive seasons. They revert back to First-Time status after completing one season below the threshold.
Luxury Tax salaries are based on the Average Annual Value of all 40-man roster contracts, guaranteed contracts on the 60-day IL, retained salary from trades or releases, buried contracts in the minor leagues, a player benefits stipend, and the required pre-arbitration bonus pool contribution.
Players who are acquired or have contracts purchased during the season are calculated at a rate based on the amount of league days remaining in the season. If multiple years remain on the contract at the time of acquisition, the AAV is recalculated based on the total guaranteed money remaining.
Pre-Arbitration Players (0-3 years of service) are currently estimated at $820,000 ($40k above the $780,000 MLB minimum) Arbitration Salaries (3-6 years of service) are currently estimated based on the level of service (Arbitration 1-4), and Spotrac’s current Market Valuation for that player.
Player Benefits account for insurance, room & board stipends, transportation fees, etc…
The MLB Pre-Arbitration Bonus Pool is a $50 million pot of money created in the 2022 CBA to reward top-performing young players (under three years of service time) who are not yet eligible for salary arbitration. It's funded by all 30 teams, split into award bonuses and a statistical pool based on a version of Wins Above Replacement (WAR).
2024 Minor
Salaries from players currently in the system. denotes a buried salary that counts against the payroll.
| Player (9) | Pos | Age | Type | Luxury Tax | Luxury Tax % | Cash Salary | Free Agent | |
|---|---|---|---|---|---|---|---|---|
|
1 Walter Pennington
|
RP | 26 |
Pre-Arbitration
|
$190,944 | 0.08% | $190,944 | ||
|
2 Jacob Latz
|
RP | 28 |
Pre-Arbitration
|
$183,264 | 0.08% | $183,264 | ||
|
3 Jack Leiter
|
SP | 24 |
Pre-Arbitration
|
$115,362 | 0.05% | $115,362 | ||
|
4 Sandro Fabian
|
OF | 26 |
Free Agent
|
$91,494 | 0.04% | $91,494 | ||
|
5 Chase Anderson
|
RP | 36 |
Free Agent
|
$69,888 | - | $69,888 | 2025 | |
|
6 Owen White
|
RP | 24 |
Pre-Arbitration
|
$67,626 | 0.03% | $67,626 | ||
|
7 Kumar Rocker
|
SP | 24 |
Pre-Arbitration
|
$59,670 | 0.03% | $59,670 | ||
|
8 Sam Huff
|
C | 26 |
Pre-Arbitration
|
$19,890 | 0.01% | $19,890 | ||
|
9 Jose Corniell
|
SP | 21 |
Pre-Arbitration
|
- | - | - |
