It’s not like we need confirmation, but the Chicago Cubs have slashed and burnt payrolls over the past two years, dropping from third in the league in 2019 to 13th in 2021, according to the ‘AP.
This is hardly a surprise. Remember – last winter, Jed Hoyer decided not to bid on Kyle Schwarber and then swap Yu Darvish – by taking their two contracts off the books. All of the additions were marginal and cost next to nothing, then July massive sales hit. Craig Kimbrel, Ryan Tepera, Andrew Chafin, Trevor Williams, Kris Bryant, Javier Baez and Anthony Rizzo have all been traded – leaving the team with next to zero in the sense of long-term commitments.
With that clean slate, however, Hoyer has already made a few improvements to the roster, signing veteran wide receiver Yan Gomes to a two-year contract, bringing in former top prospect Clint Frazier and, of course, signing Marcus. Stroman has a three-year pact. , also.
It goes without saying: If Chicago brought in Carlos Correa, you could see an additional $ 35-40 million a year in payroll, depending on the length of a deal. Going forward, the Cubs have no contracts beyond the 2024 season. Per Spotrac, David Bote has a $ 7 million option for 2025, but unless there is a dramatic turnaround it would even be a shock. to see him on the list in three years.
Carlos Correa or not, Cubs have money to spend after lockout ends
If you’re all-in on Correa, don’t be. There are a ton of alternatives out there, and whether Tom Ricketts admits it or not, there’s a lot of money to be spent following the cost-cutting measures of the last 18 months or so. Hoyer doesn’t have to expand on Correa to make this squad noticeably better than the one we’ve seen on the pitch after the deadline.
The front office failed to secure a contract extension with one of the team’s main players of 2016, including Baez, Bryant and Rizzo. So far this winter there haven’t been any talks between the Cubs and Willson Contreras either, so you might see him drop off the books before the end of July as well.
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Overall, the MLB payroll has fallen 4% – back to levels seen in 2015 – so you can bet the MLBPA will take note when both sides come back to the table to talk about the economy in January. .