Projecting Team Payrolls for the 2021 Season
What this winter’s free agent market ends up looking like — and how lucrative it proves to be for players — is unsurprisingly very much in flux. The 2020 season is still in flux, and how it plays out, or if it ends up being played at all, will have a significant affect on the offseason. If there’s no season, we know that players will still receive service time, making guys like Mookie Betts, James Paxton, and J.T. Realmuto free agents. Players will receive raises in arbitration. For competitive balance tax purposes, no season would mean no tax payments. The Red Sox would still need to stay under the $210 million tax threshold in order to reset their tax amount, though with 2021 being the final season of the current CBA between the players and owners, the ramifications of such a move are very much unknown and could end up being completely nullified by a new deal.
Ifsome version of the season does get played, there might be slightly fewer questions, but the winter will still bring about considerable uncertainty. With that in mind, and the season still a ways off, let’s take a moment to see how team payrolls are shaping up this offseason. For the graph below, I looked at competitive balance tax payrolls, which take the average annual value of contracts and include around $15 million in benefits, with a few million for 40-man players not on the active roster, as well as expected minimum salaries players. I estimated arbitration-eligible players by giving them a 50% raise over 2020 figures and for the most part, I declined club options. The only options shown as exercised below are for Adam Eaton, Starling Marte, Anthony Rizzo, and Kolten Wong. All others are presumed declined. All figures are from our RosterResource Payroll pages. If rosters remain the same with a season played in 2020, this is what we might see as payroll heading into free agency.
