Tracking 2011 Payroll (Updated 2/15)

[LeftCoastCubFan]

There are 17 players under contract for 129.5 million (including prorated signing bonuses)

 

Zambrano 18.9

Dempster 14.5

Garza 6.0

Silva 6.0 (11.5 reduced 5.5 for paid by M's prorated bonus not included))

Marmol 3.2

Marshall 1.6

Wood 1.5

Grabow 4.8

Samadzija 3.3

Soto 3.0

Hill 1.0

Pena 10.0

Jeff Baker 1.2

Ramirez 15.6

Soriano 19.0

Fukodome 14.5

Byrd 5.5

 

There are no arbitration eligible players remaining

 

Other players are under cubs control

 

edit #1: 12/8 for Pena and Baker

edit #2: 1/18 for Garza/Marshall/Wood/Soto/Hill signings and Gorzallany trade

edit #3: 2/15 for Marmol

 

note 2/15: Figures include 5.4 million in prorated signing bonuses

Edited February 15, 2011 by LeftCoastCubFan

[CubColtPacer]

I'm not a fan of prorating any of the bonuses but you definitely shouldn't prorate Silva's. It's not like the Cubs are going to account for the signing bonus that Seattle paid him originally.

[LeftCoastCubFan]

Thank you for catching my mistake on Silva. I corrected it.

 

I use prorated bonuses for comparison purposes. USA today's database includes them as the union supplies them, and teams when they announce the budget also includes them.

[davell]

Dempster had deferred 1.5 mill of last year's salary to this year, so he's making 15 mill this season, not counting his pro-rated bonus. I feel pretty safe in saying that if Theriot made 2.6 his first year of arb, Soto will be making 3 at a minimum. I also think Gorz and Marshall could be making more than what you listed for them, maybe around a mill or so combined. AZPhil has a pretty accurate assessment of Cubs payroll over at thecubreporter. We're basically sitting around 119 after we add in the entire 40 man with our current roster.

[LeftCoastCubFan]

Dempster had deferred 1.5 mill of last year's salary to this year, so he's making 15 mill this season, not counting his pro-rated bonus. I feel pretty safe in saying that if Theriot made 2.6 his first year of arb, Soto will be making 3 at a minimum. I also think Gorz and Marshall could be making more than what you listed for them, maybe around a mill or so combined. AZPhil has a pretty accurate assessment of Cubs payroll over at thecubreporter. We're basically sitting around 119 after we add in the entire 40 man with our current roster.

Deferred salaries are accrued to their original year, it's just a liability on the balance sheet.

 

Agreed on arby amounts, though Gorz is first year arb eligible so the increase won't be significant. I'll adjust.

[davell]

Dempster had deferred 1.5 mill of last year's salary to this year, so he's making 15 mill this season, not counting his pro-rated bonus. I feel pretty safe in saying that if Theriot made 2.6 his first year of arb, Soto will be making 3 at a minimum. I also think Gorz and Marshall could be making more than what you listed for them, maybe around a mill or so combined. AZPhil has a pretty accurate assessment of Cubs payroll over at thecubreporter. We're basically sitting around 119 after we add in the entire 40 man with our current roster.

Deferred salaries are accrued to their original year, it's just a liability on the balance sheet.

 

Agreed on arby amounts, though Gorz is first year arb eligible so the increase won't be significant. I'll adjust.

 

It's actually Gorz's 2nd year of arb. He made 800,000 last year. But, as you said, it's not going to go up a ton. But, I could see him getting 1.5 or so anyway.

[LeftCoastCubFan]

Current contract status:

 

A year or less?

 

Ramirez - 2012 club option for 16 mil or 2 mil buyout. NTC expired 2010 (1 mil more if traded), but has 5-10 rights

Fukodome - Free agent in 2012. 15 team no-trade list

Silva - 2012 mutual option for 12 mil or 2 mil buyout

Grabow - Free agent in 2012

Samadzija - Club options for 2012/13 for 3/3.5 mil. Under club control regardless of whether options are picked up. Full NTC for 2011

 

Wait till next next year?

 

Zambrano - Signed for 2012 for 18 mil. Full NTC. Earns 2013 player option for 19.3 mil if he's in the top 2 in Cy Young voting in 2011 or top 4 on 2012 and healthy at the end of 2012

Dempster - 14 million player option for 2012

Byrd - Signed for 2012 for 6.5 million

 

The gift that keeps on giving?

 

Soriano - Signed 2012 - 2014 for 18 mil each. Full NTC

[jersey cubs fan]

If Pena is getting $10m where does this leave 2011 payroll estimates?

[Guest]

If LCCF's figures are accurate, that puts them at roughly 130M for the 25 man roster.

[jersey cubs fan]

If LCCF's figures are accurate, that puts them at roughly 130M for the 25 man roster.

 

Oh, I see he edited this morning. So that's about 125m for 16 guys and then you are just adding in assumed contracts for the last 9, right?

[JeffH]

Payroll update

 

Under contract for 2011:

 

LF - Alfonso Soriano ($18,000,000)

CF - Marlon Byrd ($5,500,000)

RF - Kosuke Fukudome ($13,500,000)

3B - Aramis Ramirez ($14,600,000)

1B - Carlos Peña ($10,000,000)

B - Jeff Baker ($1,175,000)

SP - Carlos Zambrano ($17,875,000)

SP - Ryan Dempster ($15,000,000)

SP - Carlos Silva ($6,000,000)

RP - John Grabow ($4,800,000)

RP - Jeff Samardzija ($2,800,000)

 

Running subtotal - $109,250,000

 

Arbitration eligibles, with Arizona Phil's salary estimates:

 

C - Geovany Soto ($3,500,000)

B - Koyie Hill ($750,000)

SP - Tom Gorzelanny ($2,500,000)

RP - Sean Marshall ($2,000,000)

RP - Carlos Marmol ($4,250,000)

 

Running subtotal - $122,250,000

 

Auto-renewals almost certain to make the team:

 

SS - Starlin Castro ($500,000)

2B - Blake DeWitt ($500,000)

B - Tyler Colvin ($500,000)

B - Darwin Barney ($500,000)

SP - Randy Wells ($500,000)

RP - Andrew Cashner ($500,000)

 

Running subtotal - $125,250,000

 

This leaves one spot on the bench and two spots on the pitching staff.

[Omar]

How much do we have left in the bank now? (Estimated)

[Guest]

How much do we have left in the bank now? (Estimated)

 

If previous articles are any indication...nothing. We'd have to move salary to take on more salary, although I don't know if it would have to be in that order.

[Northside Blues]

How much do we have left in the bank now? (Estimated)

 

If previous articles are any indication...nothing. We'd have to move salary to take on more salary, although I don't know if it would have to be in that order.

 

With five million of the ten owed to Carlos Pena deferred, we probably have three or four of that left to spend this year. If you assume that we're maxed out if you include the entire ten million figure.

[Omar]

How much do we have left in the bank now? (Estimated)

 

If previous articles are any indication...nothing. We'd have to move salary to take on more salary, although I don't know if it would have to be in that order.

 

With five million of the ten owed to Carlos Pena deferred, we probably have three or four of that left to spend this year. If you assume that we're maxed out if you include the entire ten million figure.

 

I think its time to borrow money from china. everybody else does it.

[LeftCoastCubFan]

Updated first post for Garza/Marshall/Wood/Soto/Hill signings and Gorzallany trade

[fiver]

Updated first post for Garza/Marshall/Wood/Soto/Hill signings and Gorzallany trade

 

just glancing at this, we need to modify to reflect that we aren't paying Pena 10 million this year, right?

[LeftCoastCubFan]

I don't believe so. If the Cubs order 10,000 rolls of toilet paper today, but don't pay for it until next year; it's still an expense for the year. The liability is a balance sheet issue. When the Cubs file this seasons tax return, Pena is a 10 mil expense.

[Omar]

http://www.baseball-reference.com/teams/CHC/2010-roster.shtml

[LeftCoastCubFan]

Updated first post for Marmol Signing

[Hairyducked Idiot]

Time to keep this updated!

 

https://spreadsheets.google.com/pub?key=tt7HjIernphaSrv4wMWdUYg&output=html

 

 

Owed money but not under contract for 2012:

Carlos Silva, $2 million

 

Under contract for 2012:

Carlos Zambrano, $19 million

Alfonso Soriano, $19 million

Ryan Dempster, $14 million

Marlon Byrd, $6.5 million

Carlos Marmol, $7.0 million

Sean Marshall, $3.1 million

 

Arbitration eligible:

Matt Garza

Geovany Soto

Jeff Baker

Randy Wells

Blake DeWitt

Koyie Hill

 

Under team control but pre-arb (with the one exception, these guys will likely make less than $500k each):

Jeff Samardizija (can't get less than 80% of last year's $3.3 million salary)

Starlin Castro

Darwin Barney

Tyler Colvin

Andrew Cashner

James Russell

Anyone else in the minors

 

Total formally committed: $70.6 million for 6 players

Total including arbitration estimates and pre-arbs who will probably make the team: $95 million-ish for 18-20 players.

[RammyFanny]

MLBTR posted a link with what they say are very accurate arbitration projections....here is the Cubs.

Cubs (6)

 

* Matt Garza - $8.7MM

* Geovany Soto - $4MM

* Randy Wells - $2.2MM

* Jeff Baker - $1.4MM

* Blake DeWitt - $1.2MM

* Koyie Hill - $900K

 

http://www.mlbtraderumors.com/2011/11/projected-arbitration-salaries.html#more

[Guest]

MLBTR posted a link with what they say are very accurate arbitration projections....here is the Cubs.

Cubs (6)

 

* Matt Garza - $8.7MM

* Geovany Soto - $4MM

* Randy Wells - $2.2MM

* Jeff Baker - $1.4MM

* Blake DeWitt - $1.2MM

* Koyie Hill - $900K

 

http://www.mlbtraderumors.com/2011/11/projected-arbitration-salaries.html#more

 

 

So, if we use these numbers and, for the sake of the discussion, peg Smardz at $2.64M (80% of 3.3), we're at $90.7M?

[TruffleShuffle]

i wish i could be as bad at my job as koyie hill and get like 20% of that salary.