Minnesota Twins 2024 Financial Summary

A current summary of Minnesota Twins 2024 player cap & cash figures.

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Adjusted Payroll Total

$130,975,880

Tax Space

$75,684,597

Cash Total

$153,166,340 / 19th

2024 Active Roster

Pre-Arbitration
Arbitration
Player Option
Opt-Out
Club Option
Mutual Option
Vested Option
Estimate
  Player (28) Pos Age Status Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Correa Carlos Correa SS 29 Vet $33,333,333 $33,433,333 14.11% $36,100,000 2033
2
Buxton Byron Buxton CF 30 Vet $15,142,857 $14,285,714 6.03% $15,000,000 2029
3
Vazquez Christian Vazquez C 33 Vet $10,000,000 $10,000,000 4.22% $10,000,000 2026
4
López Pablo López SP 28 Vet $8,250,000 $18,375,000 7.75% $9,000,000 2028
5
Farmer Kyle Farmer SS 33 Arb 3 $6,250,000 $6,300,000 2.66% $6,250,000 2026
6
Santana Carlos Santana 1B 38 Vet $5,500,000 $5,250,000 2.22% $5,500,000 2025
7
Margot Manuel Margot RF 29 Vet $4,000,000 $6,000,000 2.53% $4,000,000 2026
8
Castro Willi Castro CF 27 Arb 2 $3,300,000 $3,300,000 1.39% $3,300,000 2026
9
Thielbar Caleb Thielbar RP 37 Arb 4 (S2) $3,225,000 $3,225,000 1.36% $3,225,000 2025
10
Jeffers Ryan Jeffers C 27 Arb 1 $2,425,000 $2,425,000 1.02% $2,425,000 2027
11
Dobnak Randy Dobnak RP 29 Vet $2,250,000 $1,850,000 0.78% $2,250,000 2029
12
Topa Justin Topa RP 33 Arb 1 $1,250,000 $1,250,000 0.53% $1,250,000 2027
13
Alcala Jorge Alcala RP 28 Arb 2 $790,000 $845,000 0.36% $790,000 2027
14
Ober Bailey Ober SP 28 Pre-Arb $761,850 $761,850 0.32% $761,850
15
Jax Griffin Jax RP 29 Pre-Arb $761,750 $761,750 0.32% $761,750
16
Sands Cole Sands RP 26 Pre-Arb $749,450 $749,450 0.32% $749,450
17
Duran Jhoan Duran RP 26 Pre-Arb $747,200 $747,200 0.32% $747,200
18
Lewis Royce Lewis 3B 25 Pre-Arb $745,700 $745,700 0.31% $745,700
19
Martin Austin Martin SS 25 Pre-Arb $560,898 $560,898 0.24% $560,898
20
Julien Edouard Julien 2B 25 Pre-Arb $481,800 $481,800 0.20% $481,800
21
Lee Brooks Lee SS 23 Pre-Arb $350,064 $350,064 0.15% $350,064
22
Festa David Festa SP 24 Pre-Arb $306,306 $306,306 0.13% $306,306
23
Varland Louie Varland SP 26 Pre-Arb $220,440 $220,440 0.09% $220,440
24
Matthews Zebby Matthews SP 24 Pre-Arb $186,966 $186,966 0.08% $186,966
25
Tonkin Michael Tonkin RP 34 Vet $177,408 $177,408 0.07% $177,408 2027
26
Blewett Scott Blewett RP 28 Pre-Arb $159,120 $159,120 0.07% $159,120
27
Helman Michael Helman 2B 28 Pre-Arb $51,714 $51,714 0.02% $51,714
28
Keirsey DaShawn Keirsey OF 27 Pre-Arb $43,758 $43,758 0.02% $43,758

2024 Injured List

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

  Player (10) Pos Age Status Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Kepler Max Kepler RF 31 Vet $10,000,000 $9,000,000 - $10,000,000 2025
2
DeSclafani Anthony DeSclafani RP 34 Vet $4,000,000 $4,000,000 - $4,000,000 2025
3
Paddack Chris Paddack SP 28 Vet $2,525,000 $4,175,000 - $2,525,000 2026
4
Kirilloff Alex Kirilloff 1B 26 Arb 1 (S2) $1,350,000 $1,350,000 - $1,350,000 2028
5
Stewart Brock Stewart RP 32 Pre-Arb $900,000 $900,000 - $900,000 2028
6
Ryan Joe Ryan SP 28 Pre-Arb $758,850 $758,850 - $758,850 2028
7
Duarte Daniel Duarte RP 27 Pre-Arb $750,000 $750,000 - $750,000
8
Miranda Jose Miranda 3B 26 Pre-Arb $692,172 $692,172 0.29% $692,172
9
Larnach Trevor Larnach LF 27 Pre-Arb $660,348 $660,348 0.28% $660,348 2028
10
Wallner Matt Wallner DH 26 Pre-Arb $416,832 $416,832 0.18% $416,832

2024 Retained

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

  Player (7) Pos Age Status Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT
1
Jackson Jay Jackson RP 36 $1,300,000 $1,500,000 0.63%
2
Staumont Josh Staumont RP 30 $950,000 $950,000 0.40%
3
Bowman Matt Bowman RP 33 $94,489 $94,489 0.04%
4
Castillo Diego Castillo RP 30 $83,333 $83,333 0.04%
5
Tonkin Michael Tonkin RP 34 $50,000 $50,000 0.02%
6
Irvin Cole Irvin RP 30 $50,000 $50,000 0.02%
7
Tonkin Michael Tonkin RP 34 $43,011 $43,011 0.02%

2024 Payroll Totals

Payroll Summary
Active Roster $102,020,614 14th
Injured List $22,053,202 18th
Retained $2,570,833 30th
Minor $4,331,231 12th
Total Payroll Allocations $159,123,423 19th
Total Adjusted Payroll Allocations $130,975,880 19th

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
Guaranteed Contracts $112,843,471 14th
Injured Contracts $22,703,202 -
Retained Contracts $2,770,833 -
Player Benefits $17,000,000 -
Minor Buried League Contracts $4,331,231 -
Pre-Arbitration Bonus Pool Contribution $1,666,666 -
Actual Tax Payroll $161,315,403 -
Competitive Balance Tax Space $75,684,597 12th
     
Projected Competitive Balance Tax Space (Active + Est. Arb + Est. Pre-Arb) $75,684,597 -

2024 Minor

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

Player (16)   Pos Age Status Payroll Salary Luxury Tax Luxury Tax % Cash Total Free Agent
1
Steven Okert
  RP 32 Arb 1 $1,062,500 $1,062,500 - $1,062,500 2027
2
Trevor Richards
  RP 31 Arb 3 $693,540 $693,540 - $693,540 2025
3
Kody Funderburk
  RP 27 Pre-Arb $628,524 $628,524 0.27% $628,524
4
Simeon Woods-Richardson
  SP 23 Pre-Arb $616,590 $616,590 0.26% $616,590
5
Zack Weiss
  RP 32 Pre-Arb $492,957 $492,957 - $492,957
6
Josh Winder
  SP 27 Pre-Arb $188,778 $188,778 0.08% $188,778
7
Ronny Henriquez
  RP 24 Pre-Arb $179,010 $179,010 0.08% $179,010
8
Diego Castillo
  RP 30 Vet $150,528 $150,528 - $150,528
9
Cole Irvin
  RP 30 Arb 1 $139,789 $139,789 - $139,789
10
Jair Camargo
  C 25 Pre-Arb $99,450 $99,450 0.04% $99,450
11
Diego Castillo
  2B 26 Pre-Arb $39,785 $39,785 - $39,785
12
Caleb Boushley
  SP 30 Pre-Arb $23,868 $23,868 - $23,868
13
Brent Headrick
  RP 26 Pre-Arb $15,912 $15,912 0.01% $15,912
14
Yunior Severino
  SS 24 Pre-Arb - - - -
15
Matt Canterino
  P 26 Pre-Arb - - - -
16
Emmanuel Rodriguez
  CF 21 Pre-Arb - - - -

TRANSACTIONS

Nov 13, 2024
Gabriel Yanez, RP

Signed a minor league contract with Minnesota (MIN)

Nov 13, 2024
Yunior Severino, SS

Released by Minnesota (MIN)

Nov 13, 2024
Josh Winder, SP

Released by Minnesota (MIN)

Nov 13, 2024
Scott Blewett, RP

Released by Minnesota (MIN)

Nov 13, 2024
Daniel Duarte, RP

Signed a minor league contract with Minnesota (MIN)

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