Matt Boyd

Chicago Cubs, Starting Pitcher
Age: 33y-10m-19d (Feb 02, 1991)
Exp: 8.057 Years
Country: US
College: Oregon State
Drafted: Round 6 (#175 overall), 2013
Agent(s): Boras Corporation
2025 Payroll Salary

$10,000,000

2025 Cash

$12,500,000

Career Earnings

$28,278,427

2025-2027 free-agent-xxb (CURRENT)

Matt Boyd signed a 2 year , $29,000,000 contract with the Chicago Cubs, including $5,000,000 signing bonus, $29,000,000 guaranteed, and an average annual salary of $14,500,000. In 2025, Boyd will earn a base salary of $7,500,000 and a signing bonus of $5,000,000, while carrying a total salary of $10,000,000.
Contract Terms:
2 yr(s) / $29,000,000
Average Salary:
$14,500,000
Signing Bonus:
$5,000,000
Free Agent:
2028 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2025 34 $10,000,000 $14,500,000 6.02% $12,500,000 $12,500,000
2026 35 $17,000,000 $14,500,000 5.94% $14,500,000 $27,000,000
2027 36
Mutual
 $15,000,000 $14,500,000 - $2,000,000 $29,000,000
2028 37
UFA
Year Age Service Status Base Salary Signing Proration Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2025 34 8.057 $7,500,000 $2,500,000 - - $10,000,000 $14,500,000
2026 35 - $14,500,000 $2,500,000 - - $17,000,000 $14,500,000
2027 36 -
Mutual
 $15,000,000 - - - $15,000,000 $14,500,000
2028 37 --
UFA
Year Age Status Base Salary Signing Bonus Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2025 34 $7,500,000 $5,000,000 $12,500,000 $12,500,000 $16,500,000 $12,500,000 $9,666,667
2026 35 $14,500,000 - $14,500,000 $27,000,000 $2,000,000 $13,500,000 $8,250,000
2027 36
Mutual
 $2,000,000 - $2,000,000 $29,000,000 - $9,666,667 $2,000,000
Contract Notes
  • 2027 Mutual Option includes a $2M buyout
  • Innings Pitched Incentive
    $100,000 each for 80, 90, 100, 110, 120

Source: MLB contract specifics generally collected from verified reports.

2024-2024 free-agent-street

Matt Boyd signed a 1 year , $740,000 contract with the Cleveland Guardians, including $740,000 guaranteed, and an average annual salary of $740,000.
Contract Terms:
1 yr(s) / $740,000
Average Salary:
$740,000
Signing Bonus:
N/A
Free Agent:
2025 / UFA
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2023-2023 free-agent-xxb

Matt Boyd signed a 1 year , $10,000,000 contract with the Detroit Tigers, including $10,000,000 guaranteed, and an average annual salary of $10,000,000.
Contract Terms:
1 yr(s) / $10,000,000
Average Salary:
$10,000,000
Signing Bonus:
N/A
Free Agent:
2024 / UFA
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2022-2022 free-agent-restricted

Matt Boyd signed a 1 year , $5,200,000 contract with the San Francisco Giants, including $5,200,000 guaranteed, and an average annual salary of $5,200,000.
Contract Terms:
1 yr(s) / $5,200,000
Average Salary:
$5,200,000
Signing Bonus:
N/A
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2021-2021 Arbitration

Matt Boyd signed a 1 year , $6,500,000 contract with the Detroit Tigers, including $6,500,000 guaranteed, and an average annual salary of $6,500,000.
Contract Terms:
1 yr(s) / $6,500,000
Average Salary:
$6,500,000
Signing Bonus:
N/A
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2020-2020 Arbitration

Matt Boyd signed a 1 year , $5,300,000 contract with the Detroit Tigers, including $5,300,000 guaranteed, and an average annual salary of $5,300,000.
Contract Terms:
1 yr(s) / $5,300,000
Average Salary:
$5,300,000
Signing Bonus:
N/A
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2019-2019 Arbitration

Matt Boyd signed a 1 year , $2,600,000 contract with the Detroit Tigers, including $2,600,000 guaranteed, and an average annual salary of $2,600,000.
Contract Terms:
1 yr(s) / $2,600,000
Average Salary:
$2,600,000
Signing Bonus:
N/A
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2018-2018
Pre-Arbitration

Matt Boyd signed a 1 year , $562,000 contract with the Detroit Tigers, including $562,000 guaranteed, and an average annual salary of $562,000.
Contract Terms:
1 yr(s) / $562,000
Average Salary:
$562,000
Signing Bonus:
N/A
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2017-2017
Pre-Arbitration

Matt Boyd signed a 1 year , $544,200 contract with the Detroit Tigers, including $544,200 guaranteed, and an average annual salary of $544,200.
Contract Terms:
1 yr(s) / $544,200
Average Salary:
$544,200
Signing Bonus:
N/A
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2016-2016
Pre-Arbitration

Matt Boyd signed a 1 year , $507,500 contract with the Detroit Tigers, including $507,500 guaranteed, and an average annual salary of $507,500.
Contract Terms:
1 yr(s) / $507,500
Average Salary:
$507,500
Signing Bonus:
N/A
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2015-2015
Pre-Arbitration

Matt Boyd signed a 1 year , $507,500 contract with the Toronto Blue Jays, including $507,500 guaranteed, and an average annual salary of $507,500.
Contract Terms:
1 yr(s) / $507,500
Average Salary:
$507,500
Signing Bonus:
N/A
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2013-2013 Signing Bonus

Matt Boyd signed a 1 year , $75,000 contract with the Toronto Blue Jays, including $75,000 guaranteed, and an average annual salary of $75,000.
Contract Terms:
1 yr(s) / $75,000
Average Salary:
$75,000
Signing Bonus:
N/A
Spotrac Premium Tools
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Seasons

8.057 Years

Career Earnings thru 2025

$28,278,427

Earnings w/ Different Teams

5 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2013 22
Signing Bonus
$75,000
$75,000
2015 24
Active
Retained
$166,393
$13,866
$241,393
$255,259
2016 25
Active
$280,073
$535,332
2017 26
Active
$544,200
$1,079,532
2018 27
Active
$562,000
$1,641,532
2019 28
Active / Arb Avoided
$2,600,000
$4,241,532
2020 29
Active / Arb Avoided
$1,962,963
$6,204,495
2021 30
Injured / Arb Avoided
$6,500,000
$12,704,495
2022 31
Active
Retained
$1,828,544
$3,371,456
$14,533,039
$17,904,495
2023 32
Injured
$10,000,000
$27,904,495
2024 33
Active
$373,932
$28,278,427
Total      
$28,278,427
$28,278,427
2025 34
Active
$12,500,000
2026 35
Active
$14,500,000
2027 36
Active / Mutual
$2,000,000
Total
$57,278,427

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $13,866 $75,000 - $88,866
8 $22,615,629 - - $22,615,629
1 $1,828,544 - - $1,828,544
1 $3,371,456 - - $3,371,456
1 $373,932 - - $373,932
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2013
22
$75,000
$75,000
$75,000
2015
24
$166,393
$13,866
$166,393
$13,866
$241,393
$255,259
2016
25
$280,073
$280,073
$535,332
2017
26
$544,200
$544,200
$1,079,532
2018
27
$562,000
$562,000
$1,641,532
2019
28
$2,600,000
$2,600,000
$4,241,532
2020
29
$1,962,963
$1,962,963
$6,204,495
2021
30
$6,500,000
$6,500,000
$12,704,495
2022
31
$1,828,544
$3,371,456
$1,828,544
$3,371,456
$14,533,039
$17,904,495
2023
32
$10,000,000
$10,000,000
$27,904,495
2024
33
$373,932
$373,932
$28,278,427
Total
$28,203,427
$75,000
$28,278,427
$28,278,427
2025
34
$7,500,000
$5,000,000
$12,500,000
2026
35
$14,500,000
$14,500,000
2027
36
$2,000,000
$2,000,000
Total
$52,203,427
$5,075,000
$57,278,427

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $13,866 $75,000 - $88,866
8 $22,615,629 - - $22,615,629
1 $1,828,544 - - $1,828,544
1 $3,371,456 - - $3,371,456
1 $373,932 - - $373,932

Injuries

Year Dates Reason
2024 CLE Jun 28, 2024 - Aug 13, 2024 Elbow (Tommy John)
2023 DET Jun 27, 2023 - Oct 01, 2023 Elbow (Tommy John)
2022 SF Apr 04, 2022 - Sep 01, 2022 Arm
2021 DET Sep 09, 2021 - Oct 03, 2021 Elbow
2021 DET Jun 15, 2021 - Aug 29, 2021 Arm
  • Dec 02, 2024 Signed a 2 year $29 million contract with Chicago (CHC)
  • Jun 27, 2024 Signed a contract with Cleveland (CLE)
  • Dec 01, 2022 Signed a 1 year $10 million contract with Detroit (DET)
  • Aug 02, 2022 Traded to Seattle (SEA) from San Francisco (SF) with Curt Casali for Michael Stryffeler and Andy Thomas
  • Mar 17, 2022 Signed a 1 year $5.2 million contract with San Francisco (SF)
  • Nov 30, 2021 Non-Tendered by Detroit (DET)
  • Nov 30, 2021 Released by Detroit (DET)
  • Jan 15, 2021 Signed a 1 year $6.5 million contract with Detroit (DET), avoiding arbitration
  • Jan 10, 2020 Signed a 1 year $5.3 million contract with Detroit (DET), avoiding arbitration
  • Jan 11, 2019 Signed a 1 year $2.6 million contract with Detroit (DET), avoiding arbitration
  • Mar 18, 2018 Signed a 1 year $562,000 contract with Detroit (DET)
  • Feb 24, 2017 Signed a 1 year $544,200 contract with Detroit (DET)
  • Jul 30, 2015 Traded to Detroit (DET) from Toronto (TOR) with Daniel Norris and Jairo Labourt for David Price
  • Jul 11, 2013 Signed a contract with Toronto (TOR)
  • Jun 07, 2013 Drafted by Toronto (TOR): Round 6 (#175 overall)
  • Jul 10, 2012 Unsigned by Cincinnati (CIN)
  • Jun 10, 2012 Drafted by Cincinnati (CIN: Round 13 (#412 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 CLE 8 8 32 16 12 13 46 4 2 2 0 39.7 2.72 1.13 0.72
2023 DET 15 15 69 46 43 25 73 11 5 5 0 71.0 5.45 1.32 -0.14
2022 SEA 10 0 5 2 2 8 13 0 2 0 0 13.3 1.35 0.98 0.43
2021 DET 15 15 77 37 34 23 67 9 3 8 0 78.7 3.89 1.27 1.36
2020 DET 12 12 67 46 45 22 60 15 3 7 0 60.3 6.71 1.48 -0.62
2019 DET 33 32 178 101 94 50 238 39 9 12 0 185.3 4.57 1.23 3.76
2018 DET 31 31 146 87 83 51 159 27 9 13 0 170.3 4.39 1.16 2.52
2017 DET 26 25 158 84 81 53 110 18 6 11 0 135.0 5.40 1.56 1.68
2016 DET 20 18 97 51 49 29 82 17 6 5 0 97.3 4.53 1.30 1.30
2015 TOR 13 12 71 50 48 20 43 17 1 6 0 57.3 7.54 1.59 -0.76

Calculated Market Value

$3.2M Avg. Annual Salary

Market Value

  • 1 years, $3,216,000
  • Avg. Salary: $3,216,000
  • MLB Rank: 282
  • SP Rank: 95

Current Contract

  • Free Agent: 2028
  • Avg. Salary: $14,500,000
  • MLB Rank: 104
  • SP Rank: 40

Comparable Players

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

Player Length Value Avg. Salary Age When Signed
Colin Rea 1 $4,500,000 $4,500,000 33
José Ureña 1 $1,500,000 $1,500,000 32
Michael Lorenzen 1 $4,500,000 $4,500,000 32
Mike Clevinger 1 $3,000,000 $3,000,000 33
Averages 1 $3,375,000 $3,375,000 32.5

Base Calculated Value

After adjusting the above contracts as if signed at Boyd's current age (33), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
1 $3,750,000 $3,750,000

Statistical Comparisons

Now we'll compare our variables and Boyd 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
Colin Rea
2022-2023
 11.00 4.79 3.97 1.37 2.28 0.59 2.45 0.93
José Ureña
2022-2023
 13.50 4.57 5.84 4.21 5.73 1.59 5.96 -0.15
Michael Lorenzen
2022-2023
 21.50 5.33 7.18 3.40 4.21 1.24 4.38 2.31
Mike Clevinger
2022-2023
 23.00 5.23 7.35 2.75 4.05 1.21 4.63 2.97
Average 17.25 4.98 6.09 2.93 4.07 1.16 4.36 1.52
Matt Boyd
2023-2023
 15.00 4.73 9.25 3.17 5.45 1.32 4.35 -0.32
Pct Change -13.04 -5.02 51.89 -8.19 -33.91 -13.79 0.23 -121.05
Median Prime % Change -10.62%
Average Prime % Change -17.86%

Calculated Market Value: Matt Boyd

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
1 years, $3,216,000 $3,216,000

FEATURED PLAYER NEWS

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2025 MLB Offseason Contract Breakdowns

Spotrac details the largest free agent signings and contract extensions across MLB throughout the 2025 offseason. READ MORE

TRANSACTIONS

Dec 02, 2024
Signed a 2 year $29 million contract with Chicago (CHC)
Jun 27, 2024
Signed a contract with Cleveland (CLE)
Dec 01, 2022
Signed a 1 year $10 million contract with Detroit (DET)
Aug 02, 2022
Traded to Seattle (SEA) from San Francisco (SF) with Curt Casali for Michael Stryffeler and Andy Thomas
Mar 17, 2022
Signed a 1 year $5.2 million contract with San Francisco (SF)
Nov 30, 2021
Non-Tendered by Detroit (DET)
Nov 30, 2021
Released by Detroit (DET)
Jan 15, 2021
Signed a 1 year $6.5 million contract with Detroit (DET), avoiding arbitration
Jan 10, 2020
Signed a 1 year $5.3 million contract with Detroit (DET), avoiding arbitration
Jan 11, 2019
Signed a 1 year $2.6 million contract with Detroit (DET), avoiding arbitration
Mar 18, 2018
Signed a 1 year $562,000 contract with Detroit (DET)
Feb 24, 2017
Signed a 1 year $544,200 contract with Detroit (DET)
Jul 30, 2015
Traded to Detroit (DET) from Toronto (TOR) with Daniel Norris and Jairo Labourt for David Price
Jul 11, 2013
Signed a contract with Toronto (TOR)
Jun 07, 2013
Drafted by Toronto (TOR): Round 6 (#175 overall)
Jul 10, 2012
Unsigned by Cincinnati (CIN)
Jun 10, 2012
Drafted by Cincinnati (CIN: Round 13 (#412 overall)

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