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The new year serves as a symbolic halfway point of the off-season. It’s been a little over two months since the Dodgers beat the Yankees to win the World Series. We’re just over six weeks away from pitchers and catchers reporting to Spring Training.
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Twenty-six of MLBTR’s top 50 free agents came off the board. That also includes six of the top 10 Roki Sasaki (which was not classified because its earning power is limited). More than half the money has been spent Alex Bregmann he’s the only unsigned player who landed in our top six free agents, but the offseason is progressing at a relatively normal pace. It moved a little faster than last winter, when 22 players from our Top 50 had signed before the calendar turned to January.
Using MLBTR’s Contract Tracker, we will review each team’s activity on the open market. We’ll go back to November 4, the date free agents were first allowed to begin discussing contract terms with each team. That excludes a pair of deals signed within the five-day exclusive negotiating window for teams to discuss contracts their own Free agents: Reds’ $2.25 million deal Brent Suter and the maintenance of royalty Michael Wacha with a three-year, $51 million contract.
This is not an exhaustive look at a team’s offseason activity. The Blue Jays (Andrés Giménez), Angels (Jorge Soler), Puppies (Kyle Tucker) and the Yankees (Cody Bellinger) are among the teams that have acquired well-paid players in exchange. The Dodgers signed Tommy Edman to an extension that secured $64.5 million in new money. This is strictly a look at free agent activity.
For this exercise we will take the total amount even if the contract provides for deferred money. Teams are sorted by overall spend.
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1. New York Mets
Total guarantees: $917.25 million
2. Los Angeles Dodgers
Total spending: $287 million
3. New York Yankees
Total guarantees: $235.5 million
4. Arizona Diamondbacks
Total guarantees: $210 million
5. San Francisco Giants
Total guarantees: $182 million
6. Texas Ranger
Total guarantees: $130.5 million
7. Angels of Los Angeles
Total guarantees: $80.25 million
8. Baltimore Orioles
Total guarantees: $71 million
9. Athletics
Total guarantees: $70.95 million
10. Houston Astros
Total guarantees: $60 million
11. Boston Red Sox
Total guarantees: $52.3 million
12. Cleveland Guardians
Total guarantees: $42 million
13. Chicago Cubs
Total guarantees: more than $40.5 million
14. Detroit Tigers
Total guarantees: $30 million
15. Citizens of Washington
Total guarantees: $29 million
16. Philadelphia Phillies
Total guarantees: $22.5 million
17. Cincinnati Reds
Total guarantees: $21.05 million
18. Toronto Blue Jays
Total guarantees: $15 million
19. Tampa Bay Rays
Total guarantees: $8.5 million
19. Colorado Rockies
Total guarantees: $8.5 million
21. Pittsburgh Pirates
Total guarantees: more than $5 million
22. Chicago White Sox
Total guarantees: $4.75 million
23. Atlanta Braves
Total guarantees: more than $360,000
24. Miami Marlins
Total collateral: $200,000
25. Milwaukee Brewers
Total Guarantees: More than $0
26. Kansas City Royals
Total guarantees: $0
26. Minnesota Twins
Total guarantees: $0
26. San Diego Padres
Total guarantees: $0
26. Seattle Sailors
Total guarantees: $0
26. Cardinals of San Luigi
Total guarantees: $0
* Treating Wacha as a free agent deal rather than an extension would push Kansas City to 12th in total spending
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