Today was the deadline for teams and players eligible for arbitration to exchange salary figures for the 2024 season ahead of possible arbitration hearings. And, as usual, the vast majority of eligible players worked out deals for 2024 (and, in some cases, beyond) before the deadline this afternoon. While these agreements are all listed in MLBTR’s Arbitration Tracker, unfinished business remains around the league. 22 players have not yet settled on a salary for the 2024 and are therefore at risk of having their salaries determined by an arbiter. That number is down considerably from last season, when 33 players exchanged figures. Of note, this list does not include Brewers right-hander Devin Williams. While the sides exchanged figures earlier this evening, they managed to avoid arbitration after the deadline had passed.
This year, arbitration hearings will begin on January 29th and run through February 16th, two days after pitchers and catchers are due to report for Spring Training. While there’s nothing stopping teams and players from settling to avoid arbitration between now and their hearing, the majority of clubs employ a “file and trial” approach to arbitration hearings, stopping negotiations prior to the formal exchange of figures in order to put additional pressure on players to agree to a deal early. While this approach generally puts a moratorium on discussion of one-year deals, teams are typically still willing to discuss multi-year pacts beyond today’s deadline.
Below are the 22 players who have yet to reach an agreement regarding their 2024 salaries, as well as the players’ requested salaries and the counteroffers issued by clubs. The league tends to pay close attention to arbitration salaries because outliers can serve as precedent going forward, raising the bar both for individual players and players as a whole in the future. That reality incentivizes teams to strictly stick to a “file and trial” approach in arbitration and risk a tense hearing between club and player rather than bridge even fairly minimal gaps between club and player salary figures.
[RELATED: Arbitration projections from MLBTR contributor Matt Swartz]
14 of the league’s 30 clubs have at least one case that has yet to be settled. The Orioles have the most cases that have yet to be settled, with five players on track for a hearing against the club. That being said, it’s worth noting that Baltimore has a massive, 17-player class of arbitration-eligible players, so it’s hardly a surprise that they wound up exchanging figures with an elevated number of players. Toronto first baseman Vladimir Guerrero Jr. submitted the highest salary figure among all players headed for a hearing at $19.9MM, while the Rangers and outfielder Adolis Garcia narrowly top Guerrero and the Blue Jays for the largest gap between figures, with $1.9MM separating Garcia’s request of $6.9MM from the Rangers’ $5MM counteroffer.
The total list, which will be updated as settlements are reached and the results of hearings are made available…
