Erik Swanson

Toronto Blue Jays, Relief Pitcher
Age: 31-67d (Sep 04, 1993)
Exp: 5.059 Years
Country: US
College: Iowa Western CC
Drafted: Round 8 (#246 overall), 2014
Agent(s): Meister Sports Management
2025 Payroll Salary

$2,800,000

2025 Cash

$2,800,000

Career Earnings

$5,893,232

2025-2025 Arbitration (CURRENT)

Erik Swanson signed a 1 year , $2,800,000 contract with the Toronto Blue Jays, including $2,800,000 guaranteed, and an average annual salary of $2,800,000. In 2025, Swanson will earn a base salary of $2,800,000, while carrying a total salary of $2,800,000.
Contract Terms:
1 yr(s) / $2,800,000
Average Salary:
$2,800,000
Signing Bonus:
N/A
Free Agent:
2026 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2025 31
Estimate
 $2,800,000 $2,800,000 1.16% $2,800,000 $2,800,000
2026 32
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2025 31 5.059
Estimate
 $2,800,000 - - $2,800,000 $2,800,000
2026 32 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2025 31
Estimate
 $2,800,000 $2,800,000 $2,800,000 $2,800,000 $2,800,000
Source: MLB contract specifics generally collected from verified reports.

2024-2024 Arbitration

Erik Swanson signed a 1 year , $2,750,000 contract with the Toronto Blue Jays, including $2,750,000 guaranteed, and an average annual salary of $2,750,000.
Contract Terms:
1 yr(s) / $2,750,000
Average Salary:
$2,750,000
Signing Bonus:
N/A
Free Agent:
2026 / UFA
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2023-2023 Arbitration

Erik Swanson signed a 1 year , $1,250,000 contract with the Toronto Blue Jays, including $1,250,000 guaranteed, and an average annual salary of $1,250,000.
Contract Terms:
1 yr(s) / $1,250,000
Average Salary:
$1,250,000
Signing Bonus:
N/A
Free Agent:
2026 / UFA
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2022-2022 Pre-Arb

Erik Swanson signed a 1 year , $711,600 contract with the Seattle Mariners, including $711,600 guaranteed, and an average annual salary of $711,600.
Contract Terms:
1 yr(s) / $711,600
Average Salary:
$711,600
Signing Bonus:
N/A
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2021-2021 Pre-Arb

Erik Swanson signed a 1 year , $570,500 contract with the Seattle Mariners, including $570,500 guaranteed, and an average annual salary of $570,500.
Contract Terms:
1 yr(s) / $570,500
Average Salary:
$570,500
Signing Bonus:
N/A
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2020-2020 Pre-Arb

Erik Swanson signed a 1 year , $567,600 contract with the Seattle Mariners, including $567,600 guaranteed, and an average annual salary of $567,600.
Contract Terms:
1 yr(s) / $567,600
Average Salary:
$567,600
Signing Bonus:
N/A
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2019-2019 Pre-Arb

Erik Swanson signed a 1 year , $555,000 contract with the Seattle Mariners, including $555,000 guaranteed, and an average annual salary of $555,000.
Contract Terms:
1 yr(s) / $555,000
Average Salary:
$555,000
Signing Bonus:
N/A
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2014-2014 Signing Bonus

Erik Swanson signed a 1 year , $155,600 contract with the Texas Rangers, including $155,600 guaranteed, and an average annual salary of $155,600.
Contract Terms:
1 yr(s) / $155,600
Average Salary:
$155,600
Signing Bonus:
N/A
Spotrac Premium Tools
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Seasons

5.059 Years

Career Earnings thru 2025

$5,893,232

Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2014 20
Signing Bonus
$155,600
$155,600
2019 25
Active
$331,224
$486,824
2020 26
Active
$210,222
$697,046
2021 27
Active
$484,586
$1,181,632
2022 28
Active
$711,600
$1,893,232
2023 29
Active / Arb Avoided
$1,250,000
$3,143,232
2024 30
Active
$2,750,000
$5,893,232
Total      
$5,893,232
$5,893,232
2025 31
Active / estimate-arbitration
$2,800,000
Total
$8,693,232

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
1 - $155,600 - $155,600
4 $1,737,632 - - $1,737,632
2 $4,000,000 - - $4,000,000
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2014
20
$155,600
$155,600
$155,600
2019
25
$331,224
$331,224
$486,824
2020
26
$210,222
$210,222
$697,046
2021
27
$484,586
$484,586
$1,181,632
2022
28
$711,600
$711,600
$1,893,232
2023
29
$1,250,000
$1,250,000
$3,143,232
2024
30
$2,750,000
$2,750,000
$5,893,232
Total
$5,737,632
$155,600
$5,893,232
$5,893,232
2025
31
$2,800,000
$2,800,000
Total
$8,537,632
$155,600
$8,693,232

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
1 - $155,600 - $155,600
4 $1,737,632 - - $1,737,632
2 $4,000,000 - - $4,000,000

Injuries

Year Dates Reason
2024 TOR Mar 28, 2024 - Apr 16, 2024 Arm
2023 TOR Aug 27, 2023 - Sep 11, 2023 Back
2022 SEA May 14, 2022 - Jun 10, 2022 Elbow
2021 SEA May 29, 2021 - Jul 07, 2021 Groin
2020 SEA Aug 17, 2020 - Sep 14, 2020 Arm
  • Jan 11, 2024 Signed a 1 year $2.75 million contract with Toronto (TOR), avoiding arbitration
  • Jan 13, 2023 Signed a 1 year $1.25 million contract with Toronto (TOR), avoiding arbitration
  • Nov 16, 2022 Traded to Toronto (TOR) from Seattle (SEA) with Adam Macko for Teoscar Hernandez
  • Mar 01, 2022 Signed a 1 year $711,600 contract with Seattle (SEA)
  • Mar 05, 2020 Signed a 1 year $567,600 contract with Seattle (SEA)
  • Nov 19, 2018 Traded to Seattle (SEA) from New York (NYY) with Justus Sheffield and Dom Thompson-Williams for James Paxton
  • Aug 01, 2016
  • Jun 11, 2014 Signed a contract with Texas (TEX)
  • Jun 06, 2014 Drafted by Texas (TEX): Round 8 (#246 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 TOR 45 0 36 22 22 14 37 11 2 2 0 39.3 5.03 1.27 -0.32
2023 TOR 67 0 52 22 22 21 75 8 4 2 4 66.7 2.97 1.10 1.41
2022 SEA 57 1 39 11 10 10 70 3 3 2 3 53.7 1.68 0.91 1.73
2021 SEA 33 2 28 18 13 10 35 5 0 3 1 35.3 3.31 1.08 0.33
2020 SEA 9 0 11 12 11 2 9 3 0 2 0 7.7 12.91 1.70 -0.80
2019 SEA 27 8 56 41 37 12 52 17 1 5 2 58.0 5.74 1.17 -0.34

Calculated Market Value

$4.8M Avg. Annual Salary

Market Value

  • 2 years, $9,606,042
  • Avg. Salary: $4,803,021
  • MLB Rank: 232
  • RP Rank: 31

Current Contract

  • Free Agent: 2026
  • Avg. Salary: $2,800,000
  • MLB Rank: 315
  • RP Rank: 58

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Erik Swanson to.

Player Length Value Avg. Salary Age When Signed
Matt Strahm 1 $7,500,000 $7,500,000 32
Chad Green 2 $8,500,000 $4,250,000 31
Blake Treinen 1 $8,000,000 $8,000,000 34
Joe Jimenez 3 $26,000,000 $8,666,667 28
Averages 2 $12,500,000 $7,104,167 31.3

Base Calculated Value

After adjusting the above contracts as if signed at Swanson's current age (31), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
2 $14,583,334 $7,291,667

Statistical Comparisons

Now we'll compare our variables and Swanson statistically over the two seasons prior to their signing. In this case we're analyzing: GP/Yr, SV, ERA, WHIP, K/9, BB/9, FIP, WAR

Player GP/Yr SV ERA WHIP K/9 BB/9 FIP WAR
Matt Strahm
2023-2024
 61.00 0.04 2.58 0.88 11.22 1.87 2.76 2.60
Chad Green
2021-2022
 40.50 0.09 3.06 1.04 10.12 2.42 3.22 2.06
Blake Treinen
2021-2022
 38.50 0.09 1.90 0.69 10.69 2.46 3.40 2.36
Joe Jimenez
2022-2023
 60.50 0.02 3.27 1.12 11.94 2.15 2.80 0.80
Average 50.13 0.06 2.70 0.93 10.99 2.23 3.05 1.96
Erik Swanson
2023-2024
 56.00 0.04 4.00 1.18 9.30 3.02 4.78 0.65
Pct Change 11.71 -33.33 -48.15 -26.88 -15.38 -35.43 -56.72 -66.84
Median Prime % Change -34.38%
Average Prime % Change -33.88%

Calculated Market Value: Erik Swanson

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, $9,606,042 $4,803,021

FEATURED PLAYER NEWS

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Analyzing & Predicting Juan Soto's Free Agent Contract

As MLB officially flips the switch to offseason-mode, the focus immediately turns to Juan Soto, the most exciting free agent since: well Shohei Ohtani 12 months ago. We’ll take a few moments here to dive into a calculated value & predicted outcome for Soto’s free agent journey over the next few weeks.

TRANSACTIONS

Jan 11, 2024
Signed a 1 year $2.75 million contract with Toronto (TOR), avoiding arbitration
Jan 13, 2023
Signed a 1 year $1.25 million contract with Toronto (TOR), avoiding arbitration
Nov 16, 2022
Traded to Toronto (TOR) from Seattle (SEA) with Adam Macko for Teoscar Hernandez
Mar 01, 2022
Signed a 1 year $711,600 contract with Seattle (SEA)
Mar 05, 2020
Signed a 1 year $567,600 contract with Seattle (SEA)
Nov 19, 2018
Traded to Seattle (SEA) from New York (NYY) with Justus Sheffield and Dom Thompson-Williams for James Paxton
Aug 01, 2016
Jun 11, 2014
Signed a contract with Texas (TEX)
Jun 06, 2014
Drafted by Texas (TEX): Round 8 (#246 overall)

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