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Predict The 2024 OD Payroll Amount


RZNJ

Predict Opening Day Payroll  

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  • Poll closed on 11/30/23 at 17:54

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This is to get an idea how much you think the Orioles will spend this off-season.  Fangraphs list the end of season payroll at 66M and estimates the 2024 payroll, with no further additions at 74M.   Sportrac had the 2023 number at 71M.  Close enough.

https://www.spotrac.com/mlb/payroll/2023/

https://www.fangraphs.com/roster-resource/payroll/orioles

https://legacy.baseballprospectus.com/compensation/cots/al-east/baltimore-orioles/

 

Edited by RZNJ
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There are so many different versions of payroll. Cot’s says the 26-man payroll was $60.9 mm but the 40-man competitive balance tax payroll was $92.5 mm.   BB-ref says the payroll was $82.8 mm.  Go figure!

I’ll just fudge it and say we will spend $20-30 mm more than whatever our payroll would be if we just stood pat.  

BTW, BB-ref thinks that we’ll be spending $66 mm on Arb players in 2024 but $105 mm in 2025.  
 

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12 minutes ago, Frobby said:

There are so many different versions of payroll. Cot’s says the 26-man payroll was $60.9 mm but the 40-man competitive balance tax payroll was $92.5 mm.   BB-ref says the payroll was $82.8 mm.  Go figure!

I’ll just fudge it and say we will spend $20-30 mm more than whatever our payroll would be if we just stood pat.  

BTW, BB-ref thinks that we’ll be spending $66 mm on Arb players in 2024 but $105 mm in 2025.  
 

Click on the Fangraphs link.  They show 17M in “player benefits” that affects the luxury tax payroll but not what is listed as team payroll.

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I went back on Spotrac and checked the Salary numbers for 2020-2022 and if you DON'T include the deferred salaries (Davis, O'Day,..) then the numbers agree with the Forbes data in my spreadsheet. That method says 2023 was $71 M in Salaries. Interesting that Deferred salary has grown from $4 M to $10 M to $15 M in 2021 to 2023 so that helps to explain the delta between Salaries and Payroll (incl. Expenses) varying from year to year. From 2021 to 2022 Revenue rose $13 M while attendance rose by 7,374 per game. In 2023 Salaries rose $26 M and Operating Income dropped $16 M, so JA took a Profit reduction in 2922. In 2023 attendance rose another 6,368 per game so I estimate Revenue rising another $11-12 M in 2023 which should be applied to Salaries so about $82-83 M.

Edited by AnythingO's
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14 hours ago, AnythingO's said:

I went back on Spotrac and checked the Salary numbers for 2020-2022 and if you DON'T include the deferred salaries (Davis, O'Day,..) then the numbers agree with the Forbes data in my spreadsheet. That method says 2023 was $71 M in Salaries. Interesting that Deferred salary has grown from $4 M to $10 M to $15 M in 2021 to 2023 so that helps to explain the delta between Salaries and Payroll (incl. Expenses) varying from year to year. From 2021 to 2022 Revenue rose $13 M while attendance rose by 7,374 per game. In 2023 Salaries rose $26 M and Operating Income dropped $16 M, so JA took a Profit reduction in 2922. In 2023 attendance rose another 6,368 per game so I estimate Revenue rising another $11-12 M in 2023 which should be applied to Salaries so about $82-83 M.

So JA Jr. X 400 will be the owner in 2922. Will payroll still be below $100 million? Will they still be working on another 2 year lease extension for the 451st time? Still have a lease agreement in principal? 

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