Carlos Carrasco

Cleveland Guardians, Starting Pitcher
Age: 37y-9m-0d (Mar 21, 1987)
Exp: 13.147 Years
Country: VE
Agent(s): Levinson brothers (ACES)
INACTIVE

2024-2024 free-agent-xxb

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Contract Terms:
1 yr(s) / $2,000,000
Average Salary:
$2,000,000
Signing Bonus:
N/A
Free Agent:
2025 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2024 37
Buried
$2,000,000 $2,000,000 - $2,000,000 $2,000,000
2025 38
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2024 37 12.147
Buried
$2,000,000 - - $2,000,000 $2,000,000
2025 38 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2024 37
Buried
$2,000,000 $2,000,000 $2,000,000 - $2,000,000 $2,000,000
Source: MLB contract specifics generally collected from verified reports.

2019-2023 Extension

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Contract Terms:
4 yr(s) / $47,000,000
Average Salary:
$11,750,000
Signing Bonus:
N/A
Free Agent:
2024 / UFA
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2015-2020 arbitration-extension-process

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Contract Terms:
4 yr(s) / $22,000,000
Average Salary:
$5,500,000
Signing Bonus:
N/A
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2014-2014
Pre-Arbitration

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Contract Terms:
1 yr(s) / $504,700
Average Salary:
$504,700
Signing Bonus:
N/A
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2013-2013
Pre-Arbitration

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Contract Terms:
1 yr(s) / $490,000
Average Salary:
$490,000
Signing Bonus:
N/A
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2012-2012
Pre-Arbitration

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Contract Terms:
1 yr(s) / $488,500
Average Salary:
$488,500
Signing Bonus:
N/A
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2011-2011
Pre-Arbitration

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Contract Terms:
1 yr(s) / $415,800
Average Salary:
$415,800
Signing Bonus:
N/A
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2010-2010
Pre-Arbitration

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Contract Terms:
1 yr(s) / $400,000
Average Salary:
$400,000
Signing Bonus:
N/A
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2009-2009
Pre-Arbitration

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Contract Terms:
1 yr(s) / $400,000
Average Salary:
$400,000
Signing Bonus:
N/A
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2003-2003 Signing Bonus

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Contract Terms:
1 yr(s) / $300,000
Average Salary:
$300,000
Signing Bonus:
N/A
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Seasons

13.147 Years

Career Earnings thru 2025

$76,953,465

Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2003 16
Signing Bonus
$300,000
$300,000
2009 22
Active
$74,324
$374,324
2010 23
Active
$72,138
$446,462
2011 24
Active
$415,800
$862,262
2012 25
Active
$488,500
$1,350,762
2013 26
Active
$214,207
$1,564,969
2014 27
Active
$504,700
$2,069,669
2015 28
Active / Arb Avoided
$2,337,500
$4,407,169
2016 29
Injured /
Arbitration 2
Bypassed
$4,500,000
$8,907,169
2017 30
Active /
Arbitration 3
Bypassed
$6,500,000
$15,407,169
2018 31
Active
$8,000,000
$23,407,169
2019 32
Active
$9,750,000
$33,157,169
2020 33
Active
$3,796,296
$36,953,465
2021 34
Active
$12,000,000
$48,953,465
2022 35
Active
$12,000,000
$60,953,465
2023 36
Injured / Club Exercised
$14,000,000
$74,953,465
2024 37
Reserve / minor-buried
$2,000,000
$76,953,465
Total      
$76,953,465
$76,953,465
Total
$76,953,465

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $74,324 $300,000 - $374,324
12 $38,579,141 - - $38,579,141
3 $38,000,000 - - $38,000,000
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2003
16
$300,000
$300,000
$300,000
2009
22
$74,324
$74,324
$374,324
2010
23
$72,138
$72,138
$446,462
2011
24
$415,800
$415,800
$862,262
2012
25
$488,500
$488,500
$1,350,762
2013
26
$214,207
$214,207
$1,564,969
2014
27
$504,700
$504,700
$2,069,669
2015
28
$2,337,500
$2,337,500
$4,407,169
2016
29
$4,500,000
$4,500,000
$8,907,169
2017
30
$6,500,000
$6,500,000
$15,407,169
2018
31
$8,000,000
$8,000,000
$23,407,169
2019
32
$9,750,000
$9,750,000
$33,157,169
2020
33
$3,796,296
$3,796,296
$36,953,465
2021
34
$12,000,000
$12,000,000
$48,953,465
2022
35
$12,000,000
$12,000,000
$60,953,465
2023
36
$14,000,000
$14,000,000
$74,953,465
2024
37
$2,000,000
$2,000,000
$76,953,465
Total
$76,653,465
$300,000
$76,953,465
$76,953,465
Total
$76,653,465
$300,000
$76,953,465

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $74,324 $300,000 - $374,324
12 $38,579,141 - - $38,579,141
3 $38,000,000 - - $38,000,000

Injuries

Year Dates Reason
2024 CLE Aug 09, 2024 - Sep 17, 2024 Hip
2024 CLE May 21, 2024 - Jun 02, 2024 Neck
2023 NYM Sep 05, 2023 - Oct 01, 2023 Finger
2023 NYM Apr 18, 2023 - May 19, 2023 Elbow
2022 NYM Aug 16, 2022 - Sep 04, 2022 Oblique
2021 NYM Apr 01, 2021 - Jul 30, 2021 Hamstring
2019 CLE Jun 05, 2019 - Sep 01, 2019 Illness
2018 CLE Jun 17, 2018 - Jul 06, 2018 Elbow
2016 CLE Oct 01, 2016 - Sep 17, 2016 Hand
2016 CLE Apr 25, 2016 - Jun 02, 2016 Hamstring
2015 CLE Aug 22, 2015 - Sep 08, 2015 Shoulder
  • Sep 17, 2024 Designated for Assignment by Cleveland (CLE)
  • Mar 22, 2024 Contract purchased by Cleveland (CLE)
  • Jan 28, 2024 Signed a 1 year $2 million minor league contract with Cleveland (CLE)
  • Nov 10, 2022 New York (NYM) exercised a $14 million club option for 2023
  • Jan 07, 2021 Traded to New York (NYM) from Cleveland (CLE) with Francisco Lindor for Andres Gimenez, Josh Wolf, Isaiah Greene and Amed Rosario
  • Dec 06, 2018 Signed a 4 year $47 million contract extension with Cleveland (CLE)
  • Oct 30, 2018 Cleveland (CLE) exercised a $9.75M club option for 2019
  • Apr 05, 2015 Signed a 4 year extension with Cleveland (CLE)
  • Jan 16, 2015 Signed a 1 year $2.337 million contract with Cleveland (CLE)
  • Mar 03, 2014 Signed a 1 year $504,700 contract with Cleveland (CLE)
  • Mar 11, 2013 Signed a 1 year $490k contract with Cleveland (CLE)
  • Mar 03, 2012 Signed a 1 year $488k contract with Cleveland (CLE)
  • Mar 07, 2011 Signed a 1 year $415k contract with Cleveland (CLE)
  • Jul 29, 2009 Traded to Cleveland (CLE) from Philadelphia (PHI) with Jason Knapp, Jason Donald and Lou Marson for Cliff Lee and Ben Francisco
  • Feb 23, 2009 Signed a 1 year $400k contract with Philadelphia (PHI)
  • Nov 25, 2003 Signed a contract with Philadelphia (PHI)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 CLE 21 21 112 68 65 33 89 19 3 10 0 103.7 5.64 1.40 -1.14
2023 NYM 20 20 115 71 68 38 66 18 3 8 0 90.0 6.80 1.70 -1.34
2022 NYM 29 29 161 71 67 41 152 17 15 7 0 152.0 3.97 1.33 1.23
2021 NYM 12 12 59 39 36 18 50 12 1 5 0 53.7 6.04 1.44 -0.76
2020 CLE 12 12 55 22 22 27 82 8 3 4 0 68.0 2.91 1.21 1.46
2019 CLE 23 12 92 48 47 16 96 18 6 7 1 80.0 5.29 1.35 0.12
2018 CLE 32 30 173 78 72 43 231 21 17 10 0 192.0 3.38 1.13 4.01
2017 CLE 32 32 173 73 73 46 226 21 18 6 0 200.0 3.29 1.10 5.16
2016 CLE 25 25 134 64 54 34 150 21 11 8 0 146.3 3.32 1.15 2.96
2015 CLE 30 30 154 75 74 43 216 18 14 12 0 183.7 3.63 1.07 3.87
2014 CLE 40 14 103 40 38 29 140 7 8 7 1 134.0 2.55 0.99 4.06
2013 CLE 15 7 64 36 35 18 30 4 1 4 0 46.7 6.75 1.76 -0.93
2011 CLE 21 21 130 68 64 40 85 15 8 9 0 124.7 4.62 1.36 0.67

Calculated Market Value

$1.8M Avg. Annual Salary

Market Value

  • 1 years, $1,766,888
  • Avg. Salary: $1,766,888
  • MLB Rank: 367
  • SP Rank: 119

Current Contract

  • Free Agent: 2025
  • Avg. Salary: $2,000,000

Comparable Players

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

Player Length Value Avg. Salary Age When Signed
Jon Lester 1 $5,000,000 $5,000,000 36
Tommy Milone 1 $750,000 $750,000 36
Ervin Santana 1 $1,500,000 $1,500,000 38
Aníbal Sánchez 1 $2,000,000 $2,000,000 38
Averages 1 $2,312,500 $2,312,500 37.0

Base Calculated Value

After adjusting the above contracts as if signed at Carrasco's current age (37), a linear regression is performed, providing us with the following initial value.

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

Statistical Comparisons

Now we'll compare our variables and Carrasco 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
Jon Lester
2019-2020
 21.50 5.29 7.43 2.62 4.81 1.41 4.70 0.47
Tommy Milone
2021-2022
 0.50 2.36 6.82 2.58 5.92 1.42 5.53 -10.20
Ervin Santana
2019-2020
 1.50 4.44 1.69 2.02 4.73 0.94 4.83 -4.76
Aníbal Sánchez
2020-2021
 5.50 4.82 3.65 1.53 3.31 0.83 2.72 0.22
Average 7.25 4.23 4.90 2.19 4.69 1.15 4.45 -3.57
Carlos Carrasco
2023-2024
 20.50 4.72 7.16 3.33 6.22 1.55 5.39 -2.11
Pct Change 182.76 11.58 46.12 -52.05 -32.62 -34.78 -21.12 0.00
Median Prime % Change -10.56%
Average Prime % Change 12.49%

Calculated Market Value: Carlos Carrasco

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, $1,766,888 $1,766,888

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

Sep 17, 2024
Designated for Assignment by Cleveland (CLE)
Mar 22, 2024
Contract purchased by Cleveland (CLE)
Jan 28, 2024
Signed a 1 year $2 million minor league contract with Cleveland (CLE)
Nov 10, 2022
New York (NYM) exercised a $14 million club option for 2023
Jan 07, 2021
Traded to New York (NYM) from Cleveland (CLE) with Francisco Lindor for Andres Gimenez, Josh Wolf, Isaiah Greene and Amed Rosario
Dec 06, 2018
Signed a 4 year $47 million contract extension with Cleveland (CLE)
Oct 30, 2018
Cleveland (CLE) exercised a $9.75M club option for 2019
Apr 05, 2015
Signed a 4 year extension with Cleveland (CLE)
Jan 16, 2015
Signed a 1 year $2.337 million contract with Cleveland (CLE)
Mar 03, 2014
Signed a 1 year $504,700 contract with Cleveland (CLE)
Mar 11, 2013
Signed a 1 year $490k contract with Cleveland (CLE)
Mar 03, 2012
Signed a 1 year $488k contract with Cleveland (CLE)
Mar 07, 2011
Signed a 1 year $415k contract with Cleveland (CLE)
Jul 29, 2009
Traded to Cleveland (CLE) from Philadelphia (PHI) with Jason Knapp, Jason Donald and Lou Marson for Cliff Lee and Ben Francisco
Feb 23, 2009
Signed a 1 year $400k contract with Philadelphia (PHI)
Nov 25, 2003
Signed a contract with Philadelphia (PHI)

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