Nick Martinez

Cincinnati Reds, Starting Pitcher
Age: 34-100d (Aug 05, 1990)
Exp: 6.002 Years
Country: US
College: Fordham
Drafted: Round 18 (#564 overall), 2011
Agent(s): Bob Garber (RMG Baseball)
Career Earnings

$33,901,624

2024-2025 free-agent-xxb (CURRENT)

Nick Martinez signed a 2 year , $26,000,000 contract with the Cincinnati Reds, including $26,000,000 guaranteed, and an average annual salary of $13,000,000. In 2025, Martinez will earn a base salary of $12,000,000, while carrying a total salary of $12,000,000.
Contract Terms:
2 yr(s) / $26,000,000
Average Salary:
$13,000,000
Signing Bonus:
N/A
Free Agent:
2026 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2024 33 $14,000,000 $13,000,000 5.49% $14,000,000 $14,000,000
2025 34 $12,000,000 $13,000,000 - $12,000,000 $26,000,000
2026 35
UFA
Retained Salary
2024 33 - $1,333,333 0.56% - -
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2024 33 5.002 $14,000,000 - - $14,000,000 $13,000,000
2025 34 6.002 $12,000,000 - - $12,000,000 $13,000,000
2026 35 --
UFA
Retained Salary
2024 33 $1,333,333 - - - $1,333,333
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 33 $14,000,000 $14,000,000 $14,000,000 $14,000,000 $13,000,000
2025 34 $12,000,000 $12,000,000 $26,000,000 $13,000,000 $12,000,000
Source: MLB contract specifics generally collected from verified reports.

2023-2025 free-agent-xxb

Nick Martinez signed a 3 year , $26,000,000 contract with the San Diego Padres, including $26,000,000 guaranteed, and an average annual salary of $8,666,667. In 2025, Martinez will earn a base salary of $8,000,000, while carrying a total salary of $16,000,000.
Contract Terms:
3 yr(s) / $26,000,000
Average Salary:
$8,666,667
Signing Bonus:
N/A
Free Agent:
2026 / UFA
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2022-2025 free-agent-xxb

Nick Martinez signed a 4 year , $25,500,000 contract with the San Diego Padres, including $2,000,000 signing bonus, $25,500,000 guaranteed, and an average annual salary of $6,375,000. In 2025, Martinez will earn a base salary of $6,500,000, while carrying a total salary of $6,500,000 and a dead cap value of $1,500,000.
Contract Terms:
4 yr(s) / $25,500,000
Average Salary:
$6,375,000
Signing Bonus:
$2,000,000
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2017-2017 Pre-Arb

Nick Martinez signed a 1 year , $540,590 contract with the Texas Rangers, including $540,590 guaranteed, and an average annual salary of $540,590.
Contract Terms:
1 yr(s) / $540,590
Average Salary:
$540,590
Signing Bonus:
N/A
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2016-2016 Pre-Arb

Nick Martinez signed a 1 year , $519,190 contract with the Texas Rangers, including $519,190 guaranteed, and an average annual salary of $519,190.
Contract Terms:
1 yr(s) / $519,190
Average Salary:
$519,190
Signing Bonus:
N/A
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2015-2015 Pre-Arb

Nick Martinez signed a 1 year , $515,000 contract with the Texas Rangers, including $515,000 guaranteed, and an average annual salary of $515,000.
Contract Terms:
1 yr(s) / $515,000
Average Salary:
$515,000
Signing Bonus:
N/A
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2014-2014 Pre-Arb

Nick Martinez signed a 1 year , $500,000 contract with the Texas Rangers, including $500,000 guaranteed, and an average annual salary of $500,000.
Contract Terms:
1 yr(s) / $500,000
Average Salary:
$500,000
Signing Bonus:
N/A
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Seasons

6.002 Years

Career Earnings thru 2025

$33,901,624

Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2014 23
Active
$439,890
$439,890
2015 24
Active
$391,174
$831,064
2016 25
Active
$204,264
$1,035,328
2017 26
Active
$366,296
$1,401,624
2022 31
Active
Retained
$6,000,000
$1,500,000
$7,401,624
$8,901,624
2023 32
Active
$11,000,000
$19,901,624
2024 33
Active
$14,000,000
$33,901,624
Total      
$33,901,624
$33,901,624
Total
$33,901,624

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
1 $14,000,000 - - $14,000,000
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
Total
$30,901,624
$2,000,000
$1,000,000
$33,901,624
$33,901,624
Total
$30,901,624
$2,000,000
$1,000,000
$33,901,624

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
1 $14,000,000 - - $14,000,000
  • 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
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 0.26
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

Market Value

  • 2 years, $37,379,462
  • Avg. Salary: $18,689,731
  • MLB Rank: 63
  • SP Rank: 21

Current Contract

  • Free Agent: 2026
  • Avg. Salary: $13,000,000

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
Alex Wood 1 $8,500,000 $8,500,000 33
Chris Sale 2 $38,000,000 $19,000,000 34
Averages 2 $30,500,000 $14,166,667 33.7

Base Calculated Value

After adjusting the above contracts as if signed at Martinez's current age (34), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
2 $32,461,538 $16,230,769

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
Alex Wood
2022-2023
19.00 4.15 7.92 2.97 4.72 1.34 4.12 0.75
Chris Sale
2022-2023
11.00 4.92 9.45 2.06 3.74 1.09 3.10 2.57
Average 14.33 3.82 8.82 2.46 4.02 1.21 3.67 2.27
Nick Martinez
2023-2024
12.50 2.43 7.99 2.20 3.27 1.14 3.56 7.44
Pct Change -12.77 -36.39 -9.41 10.57 18.66 5.79 3.00 227.75
Median Prime % Change 4.40%
Average Prime % Change 25.90%

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, $37,379,462 $18,689,731
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