Tanner Banks

Philadelphia Phillies, Relief Pitcher
Age: 33-37d (Oct 24, 1991)
Exp: 2.092 Years
Country: US
College: Utah
Drafted: Round 18 (#528 overall), 2014
2025 Payroll Salary

$800,000

2025 Cash

$800,000

Career Earnings

$1,746,622

2025-2025 Pre-Arb (CURRENT)

Tanner Banks signed a 1 year , $800,000 contract with the Philadelphia Phillies, including $800,000 guaranteed, and an average annual salary of $800,000. In 2025, Banks will earn a base salary of $800,000, while carrying a total salary of $800,000.
Contract Terms:
1 yr(s) / $800,000
Average Salary:
$800,000
Signing Bonus:
N/A
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2025 33
Estimate
$800,000 $800,000 0.33% $800,000 $800,000
2026 34
ARB 1
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2025 33 2.092
Estimate
$800,000 - - $800,000 $800,000
2026 34 --
ARB 1
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2025 33
Estimate
$800,000 $800,000 $800,000 $800,000 $800,000
Source: MLB contract specifics generally collected from verified reports.

2024-2024 Pre-Arb

Tanner Banks signed a 1 year , $755,050 contract with the Chicago White Sox, including $755,050 guaranteed, and an average annual salary of $755,050.
Contract Terms:
1 yr(s) / $755,050
Average Salary:
$755,050
Signing Bonus:
N/A
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2023-2023 Pre-Arb

Tanner Banks signed a 1 year , $720,000 contract with the Chicago White Sox, including $720,000 guaranteed, and an average annual salary of $720,000.
Contract Terms:
1 yr(s) / $720,000
Average Salary:
$720,000
Signing Bonus:
N/A
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2022-2022 Pre-Arb

Tanner Banks signed a 1 year , $700,000 contract with the Chicago White Sox, including $700,000 guaranteed, and an average annual salary of $700,000.
Contract Terms:
1 yr(s) / $700,000
Average Salary:
$700,000
Signing Bonus:
N/A
To see the rest of the Tanner Banks's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Seasons

2.092 Years

Career Earnings thru 2025

$1,746,622

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 30
Reserve / minor-buried
$503,826
$503,826
2023 31
Active
$487,746
$991,572
2024 32
Retained
Active
$511,510
$243,540
$1,503,082
$1,746,622
Total      
$1,746,622
$1,503,082
$1,746,622
2025 33
Active / estimate-pre-arbitration
$800,000
Total
$2,546,622

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $1,503,082 - - $1,503,082
1 $243,540 - - $243,540
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2022
30
$503,826
$503,826
$503,826
2023
31
$487,746
$487,746
$991,572
2024
32
$511,510
$243,540
$511,510
$243,540
$1,503,082
$1,746,622
Total
$1,746,622
$1,746,622
$1,503,082
$1,746,622
2025
33
$800,000
$800,000
Total
$2,546,622
$2,546,622

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $1,503,082 - - $1,503,082
1 $243,540 - - $243,540
  • Jul 30, 2024 Traded to Philadelphia (PHI) from Chicago (CHW) for William Bergolla
  • Mar 01, 2024 Signed a 1 year $755,050 contract with Chicago (CHW)
  • Jun 11, 2023 Recalled from the Minors by Chicago (CHW)
  • Apr 27, 2023 Optioned to the Minors by Chicago (CHW)
  • Apr 14, 2023 Recalled from the Minors by Chicago (CHW)
  • Sep 24, 2022 Demoted to the Minors by Chicago (CHW)
  • Sep 18, 2022 Promoted from the Minors by Chicago (CHW)
  • Aug 31, 2022 Demoted to the Minors by Chicago (CHW)
  • Aug 23, 2022 Promoted from the Minors by Chicago (CHW)
  • Aug 07, 2022 Demoted to the Minors by Chicago (CHW)
  • Jun 12, 2022 Promoted from the Minors by Chicago (CHW)
  • Jun 04, 2022 Demoted to the Minors by Chicago (CHW)
  • May 26, 2022 Promoted from the Minors by Chicago (CHW)
  • May 23, 2022 Demoted to the Minors by Chicago (CHW)
  • Apr 07, 2022 Contract purchased by Chicago (CHW)
  • Mar 01, 2022 Signed a 1 year $700,000 contract with Chicago (CHW)
  • Jun 11, 2014 Signed a contract with Chicago (CHW)
  • Jun 07, 2014 Drafted by Chicago (CHW): Round 18 (#528 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 PHI 63 2 69 41 32 25 78 6 2 3 2 72.3 3.98 1.30 -0.10
2023 CHW 32 3 59 32 30 16 51 10 1 4 1 61.0 4.43 1.23 0.78
2022 CHW 35 0 42 25 18 18 49 5 2 0 0 53.0 3.06 1.13 0.40
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