Chicago Cubs 2024 Financial Summary

A current summary of Chicago Cubs 2024 player cap & cash figures.

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Adjusted Payroll Total

$228,130,952

Tax Space

$2,198,979

Cash Total

$247,452,852 / 7th

2024 Active Roster

Pre-Arbitration
Arbitration
Player Option
Opt-Out
Club Option
Mutual Option
Vested Option
Estimate
  Player (26) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Bellinger Cody Bellinger RF 28 $27,500,000 $26,666,667 11.25% $27,500,000 2027
2
Swanson Dansby Swanson SS 30 $26,000,000 $25,285,714 10.67% $25,000,000 2030
3
Happ Ian Happ LF 29 $21,000,000 $20,333,333 8.58% $20,000,000 2027
4
Suzuki Seiya Suzuki DH 29 $21,000,000 $17,000,000 7.17% $20,000,000 2027
5
Taillon Jameson Taillon SP 32 $18,000,000 $17,000,000 7.17% $18,000,000 2027
6
Hendricks Kyle Hendricks SP 34 $16,500,000 $14,500,000 6.12% $16,500,000 2025
7
Hoerner Nico Hoerner 2B 27 $11,500,000 $11,666,667 4.92% $11,500,000 2027
8
Smyly Drew Smyly RP 35 $10,500,000 $9,500,000 4.01% $10,500,000 2026
9
Imanaga Shota Imanaga SP 30 $9,250,000 $13,250,000 5.59% $10,000,000 2029
10
Steele Justin Steele SP 28 $4,000,000 $4,000,000 1.69% $4,000,000 2028
11
Wisdom Patrick Wisdom 3B 32 $2,725,000 $2,725,000 1.15% $2,725,000 2027
12
Tauchman Mike Tauchman CF 33 $1,950,000 $1,950,000 0.82% $1,950,000 2027
13
Merryweather Julian Merryweather RP 32 $1,175,000 $1,175,000 0.50% $1,175,000 2027
14
Paredes Isaac Paredes 3B 25 $1,169,892 $1,169,892 0.49% $1,169,892 2028
15
Assad Javier Assad SP 26 $755,000 $755,000 0.32% $755,000
16
Amaya Miguel Amaya C 25 $746,500 $746,500 0.32% $746,500
17
Busch Michael Busch DH 26 $741,500 $741,500 0.31% $741,500
18
Crow-Armstrong Pete Crow-Armstrong OF 22 $588,744 $588,744 0.25% $588,744
19
Miller Tyson Miller RP 28 $548,964 $548,964 0.23% $548,964
20
Hodge Porter Hodge RP 23 $489,294 $489,294 0.21% $489,294
21
López Jorge López RP 31 $369,954 $369,954 0.16% $369,954
22
Roberts Ethan Roberts RP 26 $298,350 $298,350 0.13% $298,350
23
Pearson Nate Pearson RP 27 $275,264 $275,264 0.12% $275,264 2027
24
Bethancourt Christian Bethancourt C 32 $258,570 $258,570 0.11% $258,570
25
Vazquez Luis Vazquez SS 24 $182,988 $182,988 0.08% $182,988
26
Neely Jack Neely RP 24 $159,120 $159,120 0.07% $159,120

2024 Injured List

Salaries from players who have been placed on the injured list, still counting against the payroll.

  Player (8) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Alzolay Adbert Alzolay RP 29 $2,110,000 $2,110,000 - $2,110,000
2
Almonte Yency Almonte RP 30 $1,900,000 $1,900,000 - $1,900,000
3
Wicks Jordan Wicks SP 24 $741,500 $741,500 - $741,500
4
Brown Ben Brown RP 24 $732,043 $732,043 - $732,043
5
Brewer Colten Brewer RP 31 $656,370 $656,370 - $656,370
6
Little Luke Little RP 23 $648,903 $648,903 - $648,903
7
Wesneski Hayden Wesneski SP 26 $636,480 $636,480 0.27% $636,480
8
Nido Tomás Nido C 30 $405,756 $405,756 0.17% $405,756

2024 Retained

Leftover salaries from players who have been traded or released, or buyouts for declined options.

  Player (17) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT   Free Agent Year
1
Neris Hector Neris RP 35 $9,000,000 $9,000,000 3.80%
2
Mancini Trey Mancini OF 32 $7,000,000 $7,000,000 2.95%
3
Gomes Yan Gomes C 36 $6,000,000 $5,000,000 2.11%
4
Bellinger Cody Bellinger CF 28 $5,500,000 - -
5
Barnhart Tucker Barnhart C 33 $3,250,000 $2,510,000 1.06%
6
Leiter Jr. Mark Leiter Jr. RP 33 $1,000,000 $1,000,000 0.42%
7
Boxberger Brad Boxberger RP 36 $800,000 - -
8
Morel Christopher Morel 3B 25 $507,188 $507,188 0.21%
9
Cooper Garrett Cooper 1B 33 $241,950 $241,950 0.10%
10
Cuas José Cuas RP 30 $118,968 $118,968 0.05%
11
Lovelady Richard Lovelady RP 28 $81,720 $81,720 0.03%
12
Miller Tyson Miller RP 28 $50,000 $50,000 0.02%
13
Wingenter Trey Wingenter RP 30 $50,000 $50,000 0.02%
14
Hollowell Gavin Hollowell RP 26 $50,000 $50,000 0.02%
15
Bigge Hunter Bigge RP 26 $35,802 $35,802 0.02%
16
Nittoli Vinny Nittoli RP 33 $19,892 $19,892 0.01%
17
Stroman Marcus Stroman SP 33 - $2,666,667 1.13%

2024 Deferred

Salaries for players who had salaries deferred to the current year. We are NOT counting these against the active payroll.

  Player (1) Pos Age Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Heyward Jason Heyward RF 34 $5,000,000 $5,000,000 - $5,000,000

2024 Payroll Totals

Payroll Summary
Active Roster $177,684,140 4th
Injured List $7,831,052 29th
Retained $36,372,187 6th
Minor $8,910,240 3rd
Total Payroll Allocations $240,053,687 8th
Total Adjusted Payroll Allocations $228,130,952 7th

2024 Active Competitive Balance Tax Totals

Tax Summary
Tax figures based on payroll data only. Outside revenue sources will be adjusted when available after the regular season.
Competitive Balance Tax Threshold $237,000,000
Est. Guaranteed Contracts $171,636,521 6th
Est. Injured Contracts $7,831,052 -
Est. Retained Contracts $28,326,542 -
Est. Player Benefits $17,000,000 -
Est. Minor Buried League Contracts $8,340,240 -
Est. Pre-Arbitration Bonus Pool Contribution $1,666,666 -
Est. Actual Tax Payroll $234,801,021 -
Est. Competitive Balance Tax Space $2,198,979 21st
     
Est. Projected Competitive Balance Tax Space (Active + Est. Arb + Est. Pre-Arb) $2,198,979 -

2024 Minor

Salaries from players currently in the system. denotes a buried salary that counts against the payroll.

Player (15)   Pos Age Payroll Salary Luxury Tax Luxury Tax % Cash Total Free Agent
1
David Bote
  2B 31 $5,510,000 $3,000,000 - $5,500,000 2027
2
Nick Madrigal
  2B 27 $1,810,000 $1,810,000 0.76% $1,810,000 2027
3
Trey Wingenter
  RP 30 $1,200,000 $1,200,000 0.51% - 2025
4
Thomas Pannone
  RP 30 $800,000 $800,000 - $800,000
5
Gavin Hollowell
  RP 26 $740,000 $740,000 0.31% -
6
Caleb Kilian
  SP 27 $501,606 $501,606 0.21% $501,606
7
Keegan Thompson
  RP 29 $401,778 $401,778 0.17% $401,778 2028
8
Miles Mastrobuoni
  LF 28 $320,880 $320,880 0.14% $320,880
9
Daniel Palencia
  RP 24 $198,900 $198,900 0.08% $198,900
10
Alexander Canario
  OF 24 $123,318 $123,318 0.05% $123,318
11
Matt Mervis
  1B 26 $43,758 $43,758 0.02% $43,758
12
Brad Wieck
  RP 32 - - - -
13
Brennen Davis
  OF 24 - - - -
14
Kevin Alcantara
  OF 21 - - - -
15
Michael Arias
  P 22 - - - -

TRANSACTIONS

Aug 23, 2024
Luis Vazquez, SS

Recalled from the Minors by Chicago (CHC)

Aug 23, 2024
Gavin Hollowell, RP

Claimed off waivers by Chicago (CHC)

Aug 23, 2024
David Bote, 2B

Designated for Assignment by Chicago (CHC)

Aug 20, 2024
Jack Neely, RP

Contract purchased by Chicago (CHC)

Aug 20, 2024
Hector Neris, RP

Designated for Assignment by Chicago (CHC)

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