Results tagged ‘ Arbitration ’

Arbitration Aftermath: Payroll Implications

It took only one day for the Minnesota Twins and their eight arbitration eligible players to agree to terms. After all players filed by the deadline last Friday, the sides exchanged offers on Tuesday and agreed to contracts for the 2010 season by the end of the day.

Carl Pavano signed for $7 million, J.J. Hardy for $5.1 million, Matt Guerrier for $3.1 million, Delmon Young for $2.6 million, Jesse Crain for $2 million, Francisco Liriano for $1.6 million, Pat Neshek for $625K, and Brendan Harris agreed to a two-year, $3.2 million contract.
On the day, the Minnesota Twins committed an additional $23,475,000 to their payroll for next season. In addition, they took another huge step toward a $90 million payroll for their first season at Target Field. 
January Payroll.pngCurrently at about $88.5 million according to rough estimates, the Minnesota Twins may have a small amount of money left to spend in the coming weeks. With reports that the Twins offered Jarrod Washburn a one-year, $5 million contract two weeks ago, there are indications that the organization could approach $95 million if the situation is right.
With second base, third base, and the fourth outfield spot uncertain, it is still very possible that the Twins could make another addition before the club reports to Fort Myers, Florida in four weeks.