Jose Alvarado

Philadelphia Phillies, Relief Pitcher
Age: 28-351d (May 21, 1995)
Exp: 6.088 Years
Country: VE
2024 Payroll Salary

$9,025,000

2024 Cash

$9,000,000

Career Earnings

$17,035,975

2023-2026 Arbitration Extension (CURRENT)

Jose Alvarado signed a 3 year , $22,000,000 contract with the Philadelphia Phillies, including $50,000 signing bonus, $22,000,000 guaranteed, and an average annual salary of $7,333,333. In 2024, Alvarado will earn a base salary of $9,000,000, while carrying a total salary of $9,025,000.

Contract Terms:
3 yr(s) / $22,000,000
Average Salary:
$7,333,333
Signing Bonus:
$50,000
Free Agent:
2027 / UFA
Year Age Service Option/Status Base Salary Signing Proration Incentives Likely Incentives Unlikely Payroll Luxury Tax
2023 28 5.082
ARB 3
 $3,450,000 $25,000 - - $3,475,000 $7,333,333
2024 29 6.088 $9,000,000 $25,000 - - $9,025,000 $7,333,333
2025 30 - $9,000,000 - - - $9,000,000 $7,333,333
2026 31 -
Club
 $9,000,000 - - - $9,000,000 $9,000,000
2027 32 -
UFA
Year Age Status Base Salary Signing Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2023 28
ARB 3
 $3,450,000 $50,000 $3,500,000 $3,500,000 $3,500,000 $5,500,000
2024 29 $9,000,000 - $9,000,000 $12,500,000 $6,250,000 $6,166,667
2025 30 $9,000,000 - $9,000,000 $21,500,000 $7,166,667 $4,750,000
2026 31
Club
 $500,000 - $500,000 $22,000,000 $5,500,000 $500,000
Contract Notes
  • 2026 Club Option includes a $500,000 buyout
  • WS MVP: $100,000
  • Reliever of the Year: $100,000 ($50,000 for 2nd/3rd)
  • $50,000 each for Gold Glove, All-Star, League MVP
Source: MLB contract specifics generally collected from verified reports.

2023-2023 Arbitration

Jose Alvarado signed a 1 year , $3,450,000 contract with the Philadelphia Phillies, including $3,450,000 guaranteed, and an average annual salary of $3,450,000.

Contract Terms:
1 yr(s) / $3,450,000
Average Salary:
$3,450,000
Signing Bonus:
N/A
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2022-2022 Arbitration

Jose Alvarado signed a 1 year , $1,900,000 contract with the Philadelphia Phillies, including $1,900,000 guaranteed, and an average annual salary of $1,900,000.

Contract Terms:
1 yr(s) / $1,900,000
Average Salary:
$1,900,000
Signing Bonus:
N/A
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2021-2021 Arbitration

Jose Alvarado signed a 1 year , $1,000,000 contract with the Philadelphia Phillies, including $1,000,000 guaranteed, and an average annual salary of $1,000,000.

Contract Terms:
1 yr(s) / $1,000,000
Average Salary:
$1,000,000
Signing Bonus:
N/A
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2020-2020 Pre-Arb

Jose Alvarado signed a 1 year , $573,100 contract with the Tampa Bay Rays, including $573,100 guaranteed, and an average annual salary of $573,100.

Contract Terms:
1 yr(s) / $573,100
Average Salary:
$573,100
Signing Bonus:
N/A
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2019-2019 Pre-Arb

Jose Alvarado signed a 1 year , $555,000 contract with the Tampa Bay Rays, including $555,000 guaranteed, and an average annual salary of $555,000.

Contract Terms:
1 yr(s) / $555,000
Average Salary:
$555,000
Signing Bonus:
N/A
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2018-2018 Pre-Arb

Jose Alvarado signed a 1 year , $549,800 contract with the Tampa Bay Rays, including $549,800 guaranteed, and an average annual salary of $549,800.

Contract Terms:
1 yr(s) / $549,800
Average Salary:
$549,800
Signing Bonus:
N/A
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2017-2017 Pre-Arb

Jose Alvarado signed a 1 year , $535,000 contract with the Tampa Bay Rays, including $535,000 guaranteed, and an average annual salary of $535,000.

Contract Terms:
1 yr(s) / $535,000
Average Salary:
$535,000
Signing Bonus:
N/A
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2011-2011 Signing Bonus

Jose Alvarado signed a 1 year , $50,000 contract with the Tampa Bay Rays, including $50,000 guaranteed, and an average annual salary of $50,000.

Contract Terms:
1 yr(s) / $50,000
Average Salary:
$50,000
Signing Bonus:
N/A
Spotrac Premium Tools
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Career Earnings thru 2024

$17,035,975

Career Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2011 16
Signing Bonus
$50,000
$50,000
2017 22
Active
$268,916
$318,916
2018 23
Active
$549,800
$868,716
2019 24
Injured
$555,000
$1,423,716
2020 25
Injured
$212,259
$1,635,975
2021 26
Active / Arb Avoided
$1,000,000
$2,635,975
2022 27
Active
$1,900,000
$4,535,975
2023 28
Active
$3,500,000
$8,035,975
2024 29
Active
$9,000,000
$17,035,975
Total      
$17,035,975
$17,035,975
2025 30
Active
$9,000,000
$26,035,975
2026 31
Active / Club
$500,000
$26,535,975
Total
$26,535,975
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2011
16
$50,000
$50,000
$50,000
2017
22
$268,916
$268,916
$318,916
2018
23
$549,800
$549,800
$868,716
2019
24
$555,000
$555,000
$1,423,716
2020
25
$212,259
$212,259
$1,635,975
2021
26
$1,000,000
$1,000,000
$2,635,975
2022
27
$1,900,000
$1,900,000
$4,535,975
2023
28
$3,450,000
$50,000
$3,500,000
$8,035,975
2024
29
$9,000,000
$9,000,000
$17,035,975
Total
$16,935,975
$100,000
$17,035,975
$17,035,975
2025
30
$9,000,000
$9,000,000
$26,035,975
2026
31
$500,000
$500,000
$26,535,975
Total
$26,435,975
$100,000
$26,535,975

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
5 $1,585,975 $50,000 - $1,635,975
3 $6,350,000 $50,000 - $6,400,000
  • Feb 17, 2023 Signed a 2 year $18.55 million contract extension with Philadelphia (PHI), including a club option for 2027
  • Feb 10, 2023 Signed a 1 year $3.45 million contract with Philadelphia (PHI), avoiding arbitration
  • Mar 22, 2022 Signed a 1 year $1.9 million contract with Philadelphia (PHI), avoiding arbitration
  • May 02, 2021 Suspended 2 games for inciting a bench clearing against New York (NYM), forfeiting $10,752 in 2021 salary with Philadelphia (PHI)
  • Jan 15, 2021 Signed a 1 year $1 million contract with Philadelphia (PHI), avoiding arbitration
  • Dec 29, 2020 Traded to Philadelphia (PHI) from Tampa Bay (TB) as part of a 3-team trade: Philadelphia (PHI) traded Garrett Cleavinger to Los Angeles (LAD); Los Angeles (LAD) traded Dillon Paulson and PTBNL to Tampa Bay (TB)
  • Mar 05, 2020 Signed a 1 year $573,100 contract with Tampa Bay (TB)
  • Mar 24, 2018 Signed a 1 year $549,800 contract with Tampa Bay (TB)
  • Nov 19, 2016 Signed a contract with Tampa Bay (TB)
  • Mar 13, 2012 Signed a contract with Tampa Bay (TB)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 PHI 12 0 5 6 6 7 12 0 0 1 5 10.7 5.06 5.91
2023 PHI 43 0 31 15 8 18 64 3 0 2 10 41.3 1.74 3.92 1.12
2022 PHI 59 0 38 21 18 24 81 2 4 2 2 51.0 3.18 4.24 1.00
2021 PHI 64 0 42 30 26 47 68 5 7 1 5 55.7 4.20 7.60 0.00
2020 TB 9 0 9 7 6 6 13 2 0 0 0 9.0 6.00 6.00 -0.14
2019 TB 35 1 29 18 16 27 39 2 1 6 7 30.0 4.80 8.10 0.00
2018 TB 70 0 42 21 17 29 80 1 1 6 8 64.0 2.39 4.08 1.44
2017 TB 35 0 24 12 12 9 29 1 0 3 0 29.7 3.64 0.37 0.40

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Feb 17, 2023
Signed a 2 year $18.55 million contract extension with Philadelphia (PHI), including a club option for 2027
Feb 10, 2023
Signed a 1 year $3.45 million contract with Philadelphia (PHI), avoiding arbitration
Mar 22, 2022
Signed a 1 year $1.9 million contract with Philadelphia (PHI), avoiding arbitration
May 02, 2021
Suspended 2 games for inciting a bench clearing against New York (NYM), forfeiting $10,752 in 2021 salary with Philadelphia (PHI)
Jan 15, 2021
Signed a 1 year $1 million contract with Philadelphia (PHI), avoiding arbitration
Dec 29, 2020
Traded to Philadelphia (PHI) from Tampa Bay (TB) as part of a 3-team trade: Philadelphia (PHI) traded Garrett Cleavinger to Los Angeles (LAD); Los Angeles (LAD) traded Dillon Paulson and PTBNL to Tampa Bay (TB)
Mar 05, 2020
Signed a 1 year $573,100 contract with Tampa Bay (TB)
Mar 24, 2018
Signed a 1 year $549,800 contract with Tampa Bay (TB)
Nov 19, 2016
Signed a contract with Tampa Bay (TB)
Mar 13, 2012
Signed a contract with Tampa Bay (TB)

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