Payroll Changes at the 2015 Trade Deadline
With the trading deadline now one week in the rear-view mirror, it is much too early to truly understand that impact that the players will have on pennant races. The Toronto Blue Jays went from among a crowd of American Wild Card contenders to favorites for the Wild Card with a potential chance to catch the Yankees. Teams like the Houston Astros, New York Mets, and Kansas City Royals all made significant additions to help them in their chase to the playoffs and potential success once October arrives. It is not too early, however, to discuss the impact on payroll that those changes have had on the dealing teams.
The Blue Jays have made the biggest moves of the season, but those moves did not have the biggest impact on payroll. Contenders like the Pittsburgh Pirates, New York Mets, and Houston Astros made multiple moves that had an even greater effect on their payrolls while sellers like the Milwaukee Brewers and Detroit Tigers made moves that cleared significant space on the payroll.
Of the 30 Major League Baseball teams, only the Arizona Diamondbacks refused participate. More than 100 players changed teams at the deadline. Considering only those players making more than close to the major league minimum salary, nearly $100 million in 2015 rest of the season salary was moved at the end of July. The graph below took into account every single move made near the trading deadline where more than a minimum salary was added to the payroll. Focusing first only on additions made to payroll without considering subtractions, the Blue Jays do take the top spot. Data from Cot’s Contracts. Read the rest of this entry »