For anyone interested in knowing how much the Phillies' front office has available to spend on 2014 player acquisitions at this point and going forward, I have recycled and updated the Annual Average Value table from my fanpost of last year, showing AAV's for individual players that are currently under contract. Cole Hamels, Mike Adams, and Miguel Gonzalez are included on this "28-Man Roster" since they are signed to major league contracts, but are not on the opening day roster because of injury. 2014 salaries for players who were signed to minor league contracts but who made the 25 man roster have been guesstimated. The final column shows contract data that affects AAV. Most of you know -- but I'll note anyway -- that the luxury tax threshold is figured from the average annual worth of a team's contracts, not from the actual payroll in a given year.
As of Opening Day
|Player||Contract or Previous Year
|Howard||5/125M (effectively 6/143M)||23,833,333||10,000,000yr6|
||2M Buyout yr3
|Hamels||6/144M incl 6Mbonus||24,000,000||6,000,000yr7|
|Kendrick||4.5M (2013, Arb 2)
|Bastardo||1.4M (2013, Arb 1)||2,000,000
|Revere||.515M (Pre-Arb)||1,950,000||Arb 1|
||15M w/MutualOps + 1M buyout||11,250,000
|MiLeaguers on 40-Man
|Player Benefit Cost
With all anticipated signings complete, the total of the players' AAV's in the second column stands at $170,578,633.
Additional expenses come from two other categories:
1. Minor leaguers on the 40-Man Roster: The minor league minimum for 2014 is $81,500 for players working on a second major league contract, $40,750 for those working under their first contract. Since these figures are not published for individual players, $1M has been chosen as a ballpark figure.
2. Club Player Benefit Cost: according to the CBA is $10,899,690 per team.
The total figure is $182,378,323.
The 2013 luxury tax threshold is $189,000,000. Some portion of a club's projected expenditures would ordinarily be deferred to fund call-ups, replace injured players during the season, and make trade-deadline signings.
Assuming that the luxury tax threshold remains sacrosanct, that leaves approximately $6.5M theoretically available for the acquisition of additional free agents or international signings.