2018 Payroll Snapshot: Guaranteed Commitments, Arbitration Projections, Club Options

2018 Guaranteed Commitments

Yoenis Cespedes

2017 – $22.5 million, 2018 – $29 million

David Wright

2017 – $20 million, 2018 – $20 million

Juan Lagares

2017 – $4.5 million, 2018 – $6.5 million

Even though they have just three players with guaranteed contracts on the books, the Mets have roughly 45 percent of their current payroll locked into some pretty shaky terrain. Wright hasn’t played a full season in four years, Lagares has been reduced to a platoon role, and Cespedes is coming off an injury marred season in year one of his $110 million dollar mega deal. The Mets do have insurance that would cover 75 percent of Wright’s salary after he misses 60 consecutive days.

2018 Arbitration Projections

Typically players become eligible for salary arbitration after accruing 3 years of Major League service time. However, a select few can become eligible for arbitration one year earlier if they qualify as Super Two players.

According to my own estimations, the Mets are facing roughly $15 million in arbitration raises next season. I see Jacob deGrom leading the arbitration eligible players with a massive but well deserved $4.2 million dollar raise. Noah Syndergaard, Wilmer Flores, AJ Ramos and Jeurys Familia are also in line for some substantial raises.

2018 Club Options

Asdrubal Cabrera

2017 – $8.25 million, 2018 – $8.5 million

Jerry Blevins

2017 – $6.5 million, 2018 – $7 million

The Mets will most assuredly exercise their club options on both Blevins and Cabrera. In Jerry Blevins the Mets have a very valuable left-hander in the back of the bullpen. Cabrera could very well see a huge chunk of time at third base next season, and while he’s pedestrian at best, the team likes him.

2018 Projected Payroll

So here’s my final tally…

Guaranteed Contracts – $55.5 million

Arbitration Awards – $51.575 million

Club Options (2) – $15.5 million

Renewed Players (8 at $600K) – $4.8 million

Total Current Payroll – $127.375 million

So before the New York Mets spend one penny this offseason, they head into the hot stove with a payroll already sitting at roughly $127 million.

In 2017, the Mets fielded an opening day payroll of $155 million. However, according to recent comments by Sandy Alderson they were over-budget and made the decision to go for it coming off back-to-back postseason appearances. While a budget has yet to be determined for next season, it sounds like the Wilpons will scale payroll back to the $140 million dollar level. It leaves just a little wiggle room to navigate through the upcoming offseason.

If you’re dreaming of a Mike Moustakas, Yu Darvish, or Jake Arrieta, forget it. In my opinion the best we can hope for is re-signing Jay Bruce, assuming he won’t net more than a three year deal. And even that may be wishful thinking.

Anyway, here’s my first snapshot of the team’s current payroll projections and commitments. As I’ve done in past seasons, I will update these numbers as events warrant.

Also, keep in mind that one or more of the arbitration eligible players could be non-tendered, freeing up more money to spend. But until that officially happens these are my current projections on all eligible players.

Thanks to Cot’s Contracts for their assistance in compiling much of the 2017 data.

About Joe D 7914 Articles
I'm a lifelong Mets fan who loves writing and talking about the Amazins' 24/7. From the Miracle in 1969 to the magic of 1986, and even the near misses in '73, '00 and '15, I've experienced it all - the highs and the lows. I started Mets Merized Online in 2005 to feed my addiction and interact with other passionate Met fans like you. Follow me on Twitter @metsmerized.