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  • The Minnesota Twins' 2023 Payroll Preview


    John  Bonnes

    What do you do with a blank canvas? Draw? Write? Scribble? A blank canvas provides endless potential, but nearly as much intimidation to those who don’t know what they’re doing – or what they want to do.

    Image courtesy of © David Berding-USA TODAY Sports

    Twins Video

    This offseason, we’ll see what Falvine does with their blank canvas, because there has never been a Twins team that could pivot in so many directions in an offseason. It’s the result of sticking to short contracts, dumping Josh Donaldson, and developing minor leaguers to fill spots.

    But now they are faced with the challenge: what do they do with a blank canvas?

    You likely don’t need to be convinced that payroll is the Twins’ primary limitation every offseason. So, to get some idea of what to expect, every offseason we break down the Twins’ roster’s payroll for the upcoming season at a back-of-the-napkin level.

    The goal isn’t to precisely define each player’s upcoming salary; there are too many unknowns. The goal is to get close enough to be directional, call out what we know and don’t know, and the decisions the team likely needs to make.

    OK – it’s not a COMPLETELY blank canvas. The Twins have some obligations, and they have some no-brainers, at least as a starting point for this discussion. So let’s start filling in some blanks. We can always adjust them later. (And so can Falvey and Thad Levine. Which is what makes it a blank canvas.)

    The Lineup
    Let’s go position by position, starting with…

    Catcher – Ryan Jeffers is a no-brainer to return, provided you think he’ll return to full health from his broken thumb, and all indications are he will. He’s also a no-brainer because he still hasn’t reached arbitration, so he’s likely to be paid slightly in excess of $700K. Whether you trust him to be the starting catcher or the backup is up to you, but either way he’s on our list.

    Gary Sanchez and Sandy Leon, on the other hand, are both free agents. We’ll need to leave them off the napkin.

    First Base – Luis Arraez mostly filled this role, and will be in his second year of arbitration, though he has two more years of team control after that because he hit arbitration a year than most players. He’ll get a significant raise to $4-5M, Still that’s a bargain for him so he’s obviously added to the napkin.

    Jose Miranda also saw a lot of time at first base, and he’ll be coming back at close to MLB’s $700K minimum wage. It’s a no-brainer that he needs to be on this napkin somewhere. We’re just not sure where yet….


    If you would like another thousand-plus words of details and charts on individual player's salaries, then you’re going to LOVE the Offseason Handbook, as that’s the tip of the iceberg. Plus, you get to support all Twins Daily’s great writers who work every day throughout the offseason to deep dive into the Twins. Sign up here. But in this story, we'll skip to the conclusion....


    A Blank Canvas
    Adding all that up represents about $95M in salary, which leaves the Twins almost $45M in salary to spend. That’s a big number, but could get even bigger if they want to trade away some salaries like that of Max Kepler or Gio Urshela, which would free up $15M to $20M more.

    Even more striking is that there aren’t many true holes to fill. The team certainly needs to figure out what to do at shortstop, but even there, Royce Lewis is expected to return midseason. As exciting as he looked this season, nobody would blame the Twins if they only signed a fill-in shortstop so Lewis could step in as soon as he’s recovered from his knee surgery.

    This is what a blank canvas looks like. The Twins have lots of money, and very few true gaps. So which direction do they go? Add a dependable big bat? A high-end shortstop? A dependable #1 starter? Or another closer-caliber bullpen arm? All of those moves could be prioritized, but none of them are required.

    After six years of organization building, including two years of disappointing sub-.500 finishes, the team and its management are at a crossroads. The self-imposed limitations they’ve placed on long-term deals, along with a surge of prospects hitting the major league roster, have given them this offseason of opportunity.

    But it also means there are no excuses. The team has worked for, and achieved, a blank canvas. Now we’ll see what they do with it.

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    1 hour ago, ashbury said:

    I have unhappy visions of the Twins dropping Correa's contract and not replacing it with anything significant, leaving payroll somewhere around $100 or a bit under.  The rationale would be that attendance is down, something Dave St Peter already has floated, so the public bears the blame.  That would drop the Twins rank from the current #18 to somewhere around #23 in the majors for payroll.  The Offseason Handbook's table of recent history indicates that the Twins haven't ranked that low since 2017 (#21).  So, maybe my worst case estimate of what they'll do is a bit low.  Cot's ranks the Reds at #21, with a payroll of about $114M.  Maybe that's around the comfort level where the Twins will settle in - no more of this rarefied #18 air.

    I don't know, I really don't think the Pohald's are aiming for that these days. 2017 was the last time they were a bottom 10 payroll team and before that it was 2014. I know it's not popular to say that out loud, but while payroll isn't at our preferred level, they are much better and much more consistent than most of the non-large market clubs.

    The one caveat to my pitch is that if they absolutely CANNOT lure one of the top four shortstops here (OK, that's a pretty sizable caveat I guess), yeah, payroll will likely be down quite a bit. But I guess that'd be fine by me, because the last thing I want this club to do is go back to nickel and diming free agency. I really dislike when they spend the money on a half dozen barely above replacement level vets. Get a Donaldson or Correa again, don't get a bunch of Happs and Castros and Simmons'. The young internal options tend to end up better than those kinds of players.

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    Move Kepler, Larnach and Winder in a package deal for Lopez would be a nice get.  Not sold on Palacios or Celestino in any type of utility role.  Gordon can  be your 3rd/4th OF depending on what is happening.  Remove Gordon from any IF utility role and allow him to settle on OF, work on that type of skill set/play only.  Look for a Josh Bell type of Player than can fill in at 1st, emergency OF and a DH type of role.  Miranda at 3rd, Urshela to man SS if we are playing waiting game on Lewis.  No Cave or Garlick.  Not sure what Kiriloff will give us with bad wrist 2 years running.

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    One look at the Guardians again indicates that success starts and ends with quality pitching.  Just like the last how many years in a row we need higher quality starters and a deeper bullpen.  I prefer they spend on FA rather than trade unless they can swing something from a surplus.  

    And organizationally the FO needs to commit to playing small ball and find the personnel to do so.  I'll take 9 Arraez type hitters every game.  Doesn't mean we won't get the dingers but this team is feast or famine and with a payroll our size it's hard to have so many guys going for the fences.  This approach also lines up with how MLB is shaping the game going forward.  I can only hope MLB does more to continue to reduce the impact of FO analytics which is making this game so sterile.

    Oh, and please find a bench coach that can get in Rocco's ear and maybe stop him from making some of these crazy bullpen and lineup decisions.

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    3 hours ago, TwinsDr2021 said:

     

    I don't disagree with this option, my question is who are you willing to trade for this pitcher?

    Straight up for somebody would likely take Duran, Ryan or Lee.

    Otherwise it would need a combo of players most likely Ober or Winder and another top prospect. Larnach value is fairly high on the trade simulator but not high enough to get a Lopez type and would need somebody like SWR. Polanco or Arraez also probably take a Winder or Ober or highly rated prospect.

    The free agent starting pitchers don't look that great either.

     

     

    MIA has had IMO the best rotation or one of the best rotation for years & still have a strong core of pitchers they can plug into that rotation for years. Yet they haven't been able make a good run for the post season. The problem is they don't have the bats.

    MIA are not in a rebuild, they want to compete now! IMO they don't want prospects or pitchers, they'd want veteran bats at least MLB ready. The bats that they could be interested in are Jeffers, Kepler, Polanco, Arraez or maybe a Miranda or Wallner.

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    1 hour ago, Doctor Gast said:

    MIA has had IMO the best rotation or one of the best rotation for years & still have a strong core of pitchers they can plug into that rotation for years. Yet they haven't been able make a good run for the post season. The problem is they don't have the bats.

    MIA are not in a rebuild, they want to compete now! IMO they don't want prospects or pitchers, they'd want veteran bats at least MLB ready. The bats that they could be interested in are Jeffers, Kepler, Polanco, Arraez or maybe a Miranda or Wallner.

    I see what you are saying, but saying Jeffers and Kepler are bats might be a stretch. If they don't want pitching the trade simulator show Jeffers, Kepler, Polanco and Wallner being a slight over pay, you could replace Kepler with a young pitching prospect. 

    Arraez and Miranda is larger overpay so I would assume the Twins would need something else back.

    Trading Arraez or Miranda without the other requires a Celestino and somebody else.

    To be honest none of those trades seem like things the Twins would do.

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    3 hours ago, Doctor Gast said:

    MIA are not in a rebuild, they want to compete now! IMO they don't want prospects or pitchers, they'd want veteran bats at least MLB ready.

    Miami would be a fun trade. Larnach, Kepler, Mahle, Winder, and Martin for Lopez, Cabrera, and Eder. Substitute Jeffers for Martin. Early speculation for us. Do any teams have a solid opinion of the Twins players?

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    This offense is almost there, the rotation of Gray-Ryan-Mahle-Maeda-Ober-Winder looks good, the bullpen and outfield need some tweaks and a good catcher would be nice.
     

    Trade away Kepler, sign both a high-tier Shortstop and Ace-Caliber Pitcher, then trade for the pieces you need outside of that.

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    I love those "just sign one or two Ace level pitchers" comments like that might really be an option.  Why would top pitchers have any interest in signing with a team with a mediocre defense and an offense that disappears for weeks at a time.  A more realistic goal would be to try to sign two starters at least as good as Gray or Ryan and a couple relievers similar or better than Jax. 

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    11 hours ago, justinone said:

    Correa is as good as gone. He will opt out and the Twins are not spending $300mil+ on a single player. Personally I would rather spend that money on the best starting pitcher available (Rodón?) anyway. Shortstop can be filled internally (Gordon, Urshela, Palacios, and even Martin) until Lewis is ready. It may not look pretty, but we don't have money to waste on a stopgap if we believe in Lewis (and I do). If we are competing at the deadline and Lewis isn't ready I'm sure someone could be acquired via trade. I would like a RH corner outfielder, but maybe that could be had by giving up Larnach or Kepler via trade. 

    We need a frontline catcher that catches 110+ games. $15mil

    We need bullpen help. $10mil

    We need an ace. $30mil 

    I don't see the Twins spending more than $55mil this offseason. This is how I would spend that money if it were up to me. 

    There is one good catcher in free agency. He's 31 and is only ok defensively. I don't think people realize how barren the options are......

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    John, 2 things come to mind as I reflect not only on this OP, but your podcasts.

    #1] No matter how anyone wants to spin the "payroll is potentially unlimited", it still is. I've never heard a Twins FO, or ANY FO, openly state what projected payroll might be. But I find comments from the FO that they have "spent more than comfortable revenue" the past few years to be interesting. (And I know I'm paraphrasing slightly). 

    #2] Post covid, the world has changed, and so have finances for everyone, including the public. Around this time last year, there were many on TD expecting a deep cut payroll around $90M to a max of $120M. If I'm not mistaken, I believe you also fell in line with the $120M expectation. I projected a blueprint...rather different than what happened...for around $140-145M. I believed in the resources of the team and an attempt to right 2021. It didn't turn out, obviously, but my point is the FO and ownership DIDN'T cut payroll. 

    IMO, ownership and the FO will not cut payroll, despite lower than expected attendance, yet again. Attendance is not the only cash flow to be certain. Plus, winning fixes a lot of things. And as far as I know, there is ZERO decrease is media $ or national $. And ownership seems to believe in Falvey and Levine and what they are doing, and have done.

    Pre-covid, the mean payroll was about $150M. The Twins have danced around 16th to 18th on average, usually within a few $M close to that delta. I believe, IIRC, they were in the top 15 once, maybe twice, in the early teens, especially for the 2010-11 squad, before this current FO, who seems to have ownership's ear. 

    I DON'T see a slip in spending unless things just "plop" in their lap. Winning builds interest and puts butts in the seats. And even when winning works, history has shown the NEXT season puts even more butts in those seats. I expect a legitimate $50M-ish to spend. The HUGE question is whether or not a bulk of that $50M is spent on ONE player. 

    You want to have the best players you can. I would LOVE to have Correa back! I've become a big fan for many reasons. But is the team better to have him back and spend a little here and there to augment the rest of the roster the best you can? Or use the rest of the $ money "saved" to go bigger? And that is the elephant, rhino, whale in the proverbial room!

    We have a lot of time to figure this all out. It's still VERY early! 

    But for ONCE, our FO HAS to make an early decision on what's going to happen and not drag things out! They got Correa dropped in their lap, but missed out on other opportunities as they were so focused on Buck. And they just can't afford to ONLY be patient yet again. 

    But John is absolutely right that on paper, the 2023 Twins don't have a major hole anywhere to fill other than at least an early SS question. It's very, very easy to play and dismiss the "IF" game. But it isn't very hard to see a very good OF and 1B mix. And it isn't very hard to see a solid rotation with some depth. And it isn't hard to see a pretty nice bullpen. So while there are holes and question marks, there aren't aggresious holes anywhere.

    But in regard to the WAY TOO EARLY SINCE THE SEASON ISNT EVEN DONE DEPARTMENT part of the conversation:

    1] Kepler is NOT a 4th OF. He's a GG type RF who is league average hitting wise. He is NOT a middle of the order bat. He's a quality lower 3rd who should play some CF here and there, and sit against LHP pitching when possible. In that regard, he's 4th OF-ish. But he's still the primary RF unless or until moved.

    2] Sorry if you don't like him, but Jeffers is still one of the Twins primary catchers. He calls a good game, has the confidence of the staff, has power, is about average as a hitter these days for his position, and still has upside. He needs a partner and my #1 target right now is Barnhart. He's not great offensively, but is a year removed from his career numbers of being OK with double and some HR pop. He's also a quality defensive backstop with experience.

    3] Re-signing Fulmer makes so much sense, unless the FO just likes someone better. He's not a classic set-up man, but he's been damn good since his conversion about a year and a half ago. And he shouldn't cost a ton. Again, you like someone better, no issue.

    4] Middle relief is a HUGE need. But when do you sign or trade for middle relief? Look, if the FO wants to sign someone for that role, OK. But shouldn't Sands, Smeltzer, if he's kept, Henriquez, maybe Dobnack, or ANY future SP option getting his feet wet in the ML should be included as a middle relief option. This just shouldn't be a problem with the number of arms on hand. It's not that hard. 6 guys you trust for 1 IP, once in a while 2, and two guys who can do more.

    5) A solid, productive RH OF who can play both corner OF spots. Is that so hard to find? It shouldn't cost a fortune and is important. 

    6] I still believe, if at all possible, the Twins should SIGN a FA SP. If they can trade for one without HUGE cost, OK. But no more Bundy, Happ, Shoemaker types. Trust in what you have and the young arms instead. Verlander is not coming here. Correa NOT coming back, you might just roll the dice on Rodon, for example, who brings risk. Otherwise, just a solid veteran who brings depth in case crap falls apart. Trades bring risk as well. Do we really want to add another #2 and lose what we have  vs trusting what is on hand? A lot of risk.

    It's going to be a very, very interesting offseason. But NOTHING will be known until the FO makes their one very serious move.  After that.....we'll see.

     

     

     

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    IMHO they need to come to a deal with Correa. He was one of the top ss this season and he is still young. 7-8 years 30-35mil ought to do it. We will need a defense 1st catcher that can throw out base stealers. Sanchez would be a possibility if a reasonable contract can be worked out IMO. He may git for a lower avg. but he can throw guys out, and has some power.

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    "The Twins have lots of money, and very few true gaps. So which direction do they go? Add a dependable big bat? A high-end shortstop? A dependable #1 starter? Or another closer-caliber bullpen arm? All of those moves could be prioritized, but none of them are required."

    WHAT???? "Very few true gaps" and then you reel of a list of huge ones. And they ALL are REQUIRED if you want to seriously compete.

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    Twins need a strong backup catcher. One that is all defense. 

    They need to figure out SS. 

    They need righthanded pop in the outfield. 

    Pitching? I'd love to have some kind of top arm, but I just don't see it in free agency. Our best hope is that one of these prospects develops. It really is too bad that Canterino got hurt, he IMO is the only one in the higher part of our system that had the stuff and looked the part of a real ace/difference maker.

    If the Twins can't sign Correa, I don't think it makes any sense to try to bring in high end arms from outside the system. They literally have to see what they have in this gaggle of 7-8 guys that are sitting at MLB/AAA/AA. These are the players that will make a break the Twins for the next 3-4 years. 

    I honestly wouldn't know what to do here if I were the Twins FO. If guys don't get hurt and things shake out, they could compete with the roster they have now + very few additions. 

    However, if all of this young pitching we have BOMBS next year, then everyone is going to be wild if we don't bring anyone in to supplement them. They are in a hard spot IMO.

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    I like a good challenge trade so I thought I would float this one - Max Kepler to the Rays for Manuel Margot. The Rays want to add more LH bats, the Twins need to subtract one. Both players are good defenders in the outfield and can cover CF if needed.

    Margot has a contract for $7M 2023, $10M 2024 and a $12M option for 2025 that is more likely to be bought out for $2M. Kepler's contract is $8.5M for 2023 with a 2024 option for $10M.

     

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