Tampa Bay Rays 2025 Financial Summary

A current summary of Tampa Bay Rays 2025 player cap & cash figures.

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Current Payroll Allocations

$50,021,212

Projected Total Allocations

$82,641,212

Tax Space

$184,033,334

Cash Total

$50,341,667 / 23rd

2025 Active Roster

Pre-Arbitration
Arbitration
Player Option
Opt-Out
Club Option
Mutual Option
Vested Option
Estimate
  Player (39) Pos Age Status Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Lowe Brandon Lowe 2B 30 Vet $10,500,000 $10,500,000 4.36% $10,500,000 2027
2
Springs Jeffrey Springs SP 32 Vet $10,500,000 $7,750,000 3.22% $10,500,000 2028
3
Diaz Yandy Diaz 3B 33 Vet $10,000,000 $8,000,000 3.32% $10,000,000 2027
4
Littell Zack Littell SP 29 Arb 3 $6,000,000 $6,000,000 2.49% $6,000,000 2026
5
Fairbanks Pete Fairbanks RP 31 Vet $3,666,667 $4,000,000 1.66% $3,666,667 2027
6
McClanahan Shane McClanahan SP 28 Vet $3,600,000 $3,600,000 1.49% $3,600,000 2028
7
Rasmussen Drew Rasmussen SP 29 Arb 2 $3,300,000 $3,300,000 1.37% $3,300,000
8
Poche Colin Poche RP 31 Arb 3 $3,000,000 $3,000,000 1.24% $3,000,000 2026
9
Alexander Tyler Alexander RP 30 Arb 3 $2,600,000 $2,600,000 1.08% $2,600,000 2026
10
Siri Jose Siri CF 29 Arb 1 $2,500,000 $2,500,000 1.04% $2,500,000
11
Carlson Dylan Carlson CF 26 Arb 2 $2,100,000 $2,100,000 0.87% $2,100,000
12
Baz Shane Baz SP 26 Arb 1 (S2) $1,600,000 $1,600,000 0.66% $1,600,000
13
Waguespack Jacob Waguespack SP 31 Vet $1,300,000 $1,300,000 0.54% $1,300,000
14
Cleavinger Garrett Cleavinger RP 31 Arb 1 $1,100,000 $1,100,000 0.46% $1,100,000
15
Sulser Cole Sulser RP 35 Arb 2 $1,100,000 $1,100,000 0.46% $1,100,000
16
Walls Taylor Walls SS 28 Arb 1 $1,100,000 $1,100,000 0.46% $1,100,000
17
Rortvedt Ben Rortvedt C 27 Arb 1 $1,000,000 $1,000,000 0.41% $1,000,000
18
Lovelady Richard Lovelady RP 29 Arb 1 $900,000 $900,000 0.37% $900,000
19
Lowe Josh Lowe RF 27 Pre-Arb $800,000 $800,000 0.33% $800,000
20
Caballero José Caballero SS 28 Pre-Arb $800,000 $800,000 0.33% $800,000
21
Basabe Osleivis Basabe SS 24 Pre-Arb $800,000 $800,000 0.33% $800,000
22
Palacios Richard Palacios DH 28 Pre-Arb $800,000 $800,000 0.33% $800,000
23
Bradley Taj Bradley SP 24 Pre-Arb $800,000 $800,000 0.33% $800,000
24
Lopez Jacob Lopez RP 27 Pre-Arb $800,000 $800,000 0.33% $800,000
25
Misner Kameron Misner CF 27 Pre-Arb $800,000 $800,000 0.33% $800,000
26
Driscoll Logan Driscoll C 27 Pre-Arb $800,000 $800,000 0.33% $800,000
27
Pepiot Ryan Pepiot SP 27 Pre-Arb $800,000 $800,000 0.33% $800,000
28
Shenton Austin Shenton 3B 27 Pre-Arb $800,000 $800,000 0.33% $800,000
29
Bigge Hunter Bigge RP 27 Pre-Arb $800,000 $800,000 0.33% $800,000
30
Rodriguez Manuel Rodriguez RP 28 Pre-Arb $800,000 $800,000 0.33% $800,000
31
Uceta Edwin Uceta RP 27 Pre-Arb $800,000 $800,000 0.33% $800,000
32
Morel Christopher Morel 3B 26 Pre-Arb $800,000 $800,000 0.33% $800,000
33
Montgomery Mason Montgomery SP 25 Pre-Arb $800,000 $800,000 0.33% $800,000
34
Mead Curtis Mead 3B 24 Pre-Arb $800,000 $800,000 0.33% $800,000
35
Aranda Jonathan Aranda 1B 27 Pre-Arb $800,000 $800,000 0.33% $800,000
36
Kelly Kevin Kelly RP 27 Pre-Arb $800,000 $800,000 0.33% $800,000
37
DeLuca Jonny DeLuca OF 26 Pre-Arb $800,000 $800,000 0.33% $800,000
38
Caminero Junior Caminero 3B 21 Pre-Arb $800,000 $800,000 0.33% $800,000
39
Curet Yoniel Curet SP 22 Pre-Arb $800,000 $800,000 0.33% $800,000

2025 Suspended/Restricted

Salaries from players who have been suspended/restricted, still counting against the payroll.

  Player (1) Pos Age Status Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT Cash Total Free Agent Year
1
Franco Wander Franco SS 24 Vet $8,454,545 $16,545,455 - $8,000,000 2034

2025 Retained

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

  Player (1) Pos Age Status Payroll Salary Adjusted Luxury Tax Luxury Tax % League CBT
1
Margot Manuel Margot RF 30 $2,000,000 - -

2025 Payroll Totals

Payroll Summary
Active Roster $39,566,667 23rd
Suspended/Restricted $8,454,545 1st
Retained $2,000,000 16th
Total Payroll Allocations $50,021,212 21st
Total Adjusted Payroll Allocations $50,021,212 21st
Projected Total Payroll (includes estimates for Arbitration and Pre-Arbitration) $82,641,212 -
Projected Arbitration $26,300,000 -
Projected Pre-Arbitration $6,320,000 -

2025 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 $241,000,000
Guaranteed Contracts $35,150,000 25th
Injured Contracts $0 -
Retained Contracts $0 -
Player Benefits $17,500,000 -
Minor League Contracts $2,650,000 -
Pre-Arbitration Bonus Pool Contribution $1,666,666 -
Actual Tax Payroll $56,966,666 -
Competitive Balance Tax Space $184,033,334 4th
     
Projected Arbitration AAV/Payroll $26,300,000 -
Projected Pre-Arbitration AAV/Payroll $6,320,000 -
Projected Tax Payroll (Active + Est. Arb + Est. Pre-Arb) $89,586,666 -
Projected Competitive Balance Tax Space (Active + Est. Arb + Est. Pre-Arb) $151,413,334 -

2025 Minor

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

Player (1)   Pos Age Status Payroll Salary Luxury Tax Luxury Tax % Cash Total Free Agent
1
Garrett Acton
  RP 27 Pre-Arb $775,000 $757,500 - $775,000

TRANSACTIONS

Nov 04, 2024
Joel Kuhnel, RP

Released by Tampa Bay (TB)

Nov 04, 2024
Jacob Waguespack, SP

Signed a contract 1 year $1.3 million extension with Tampa Bay (TB), plus a $1.5M club option for 2026

Nov 01, 2024
Brandon Lowe, 2B

Tampa Bay (TB) exercised a $10.5 million club option for 2025

Oct 23, 2024
Michael Flynn, P

Signed a 1 year $900,000 minor league contract with Tampa Bay (TB)

Oct 06, 2024
Rob Brantly, C

Released by Tampa Bay (TB)

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