MLB San Francisco 26

	A	B	C	D	E	F	G	H	I	K	M	N	O	P	Q	S	T	U	V	W
1
2	SAN FRANCISCO										Projected 40-man Year-End Labor Relations Payrolls					Projected 40-man Competitive Balance Payrolls
3	SAN FRANCISCO										2026	2027	2028	2029	2030	2026	2027	2028	2029	2030
4	GIANTS										$198,564,110	$153.973	$132.123	$104.123	$83.623	$232,381,213	$155.771	$136.134	$118.634	$100.301
5	GIANTS															Projected 2026 CB tax:		$0
6
7	Player	Pos.	Year	Rd	Pick	Age	MLS	Opts left 1/26	Agent	Length / Total Value	Projected 40-man Year-End Labor Relations Payrolls					Projected 40-man Competitive Balance Payrolls
8	Player	Pos.	Year	Rd	Pick	7/1/26	1/26	Opts left 1/26	Agent	Length / Total Value	2026	2027	2028	2029	2030	2026	2027	2028	2029	2030
9
10	Chapman, Matt	3b	2014	1	25	33	8.109	3 / 3	Boras Corp.	6 y/$151M (25-30)	$25,166,667	$25.167	$25.167	$25.167	$25.167	$25,166,667	$25.167	$25.167	$25.167	$25.167
11	Ray, Robbie	lhp-s	2010	12	356	34	11.007	1 / 3	VC Sports	5 y/$115M (22-26)	$25,000,000	FA				$24,333,333
12	Devers, Rafael*	dh-3b	2013		DOM	29	8.070	3 / 3	Klutch Spts	10 y/$313.5M (24-33)*	$23,812,620	$27.313	$27.313	$27.313	$27.313	$27,466,703	$27.467	$27.467	$27.467	$27.467
13	Lee, Jung Hoo	rf	2023		KOR	27	2.000	3 / 3	Boras Corp.	6 y/$113M (24-29)	$23,250,000	$23.250	$20.500	$20.500		$18,833,333	$18.833	$18.833	$18.833
14	Webb, Logan	rhp-s	2014	4	118	29	6.044	2 / 3	ACES	5 y/$90M (24-28)	$23,000,000	$23.000	$24.000			$18,000,000	$18.000	$18.000
15	Adames, Willy	ss	2012		DOM	30	7.105	1 / 3	CAA	7 y/$182M (25-31)	$13,142,857	$31.143	$31.143	$31.143	$31.143	$26,000,000	$26.000	$26.000	$26.000	$26.000
16	Arraez, Luis	2b	2013		VEN	29	6.121	2 / 3	MVP Spts	1 y/$12M (26)	$12,000,000	FA				$12,000,000
17	Mahle, Tyler*	rhp-s	2013	7	225	31	8.018	2 / 3	ISE	1 y/$10M (26)*	$9,777,778	FA				$9,888,226
18	Bader, Harrison	cf	2015	3	100	32	8.030	1 / 3	Vayner Spts	2 y/$20.5M (26-27)	$7,500,000	$13.000	FA			$10,250,000	$10.250
19	Houser, Adrian	rhp-s	2011	2	69	33	6.095	0 / 4	BBI Sports	2 y/$22M (26-27)+28 cl opt	$7,000,000	$11.000	$4.000			$11,000,000	$11.000	opt
20	Foley, Jason	rhp	2016		USA	30	3.150	3 / 3	Wasserman	1 y/$2M (26)	$2,000,000	A3	FA			$2,000,000
21	Brubaker, JT	rhp	2015	6	187	32	5.162	2 / 3		1 y/$1.82M (26)	$1,820,000	FA				$1,820,000
22	Hentges, Sam	lhp	2014	4	128	29	4.157	0 / 3	Warner Spts	1 y/$1.4M (26)	$1,400,000	A4	FA			$1,400,000
23	Gage, Matt	lhp	2014	10	298	33	0.155	0 / 3		1 y/$850,000 (26)	$850,000					$850,000
24	Kilian, Caleb	rhp	2019	8	236	29	0.153	1 / 4	Octagon	1 y/$850,000 (26)	$850,000					$850,000
25	Oliva, Jared	of	2017	7	208	30	0.050	2 / 3		1 y/$850,000 (26)	$850,000					$850,000
26	Miller, Erik	lhp	2019	4	120	28	2.000	3 / 3		1 y/$810,000 (26)	$810,000	A1	A2	A3	FA	$810,000
27	Ramos, Heliot	lf	2017	1	19	26	2.103	0 / 3	Munger English	1 y/$810,000 (26)	$810,000	A1	A2	A3	FA	$810,000
28	Schmitt, Casey	3b	2020	2	49	27	2.035	1 / 3		1 y/$810,000 (26)	$810,000	A1	A2	A3	FA	$810,000
29	Walker, Ryan	rhp-c	2018	31	916	30	2.136	3 / 3	Ballplayers Agency	1 y/$810,000 (26)	$491,613	A1	A2	A3	FA	$491,613
30	Birdsong, Hayden	rhp	2022	6	196	24	1.041	2 / 3		1 y/$800,000 (26)	$800,000		A1	A2	A3	$800,000
31	Buttó, José	rhp	2017		VEN	28	1.168	0 / 3		1 y/$800,000 (26)	$800,000	A1	A2	A3	A4	$800,000
32	Koss, Christian	ss	2019	12	369	28	1.000	3 / 3		1 y/$800,000 (26)	$485,402		A1	A2	A3	$485,402
33	Rodríguez, Randy	rhp	2017		DOM	26	1.148	0 / 3		1 y/$800,000 (26)	$800,000	A1	A2	A3	A4	$800,000
34	Roupp, Landen	rhp-s	2021	12	356	27	1.085	2 / 3		1 y/$800,000 (26)	$800,000		A1	A2	A3	$800,000
35	Sanmartin, Reiver	lhp	2015		COL	30	1.148	1 / 3		1 y/$800,000 (26)	$800,000	A1	A2	A3	A4	$800,000
36	Winn, Keaton	rhp	2018	5	136	28	1.090	1 / 3		1 y/$800,000 (26)	$800,000	A1	A2	A3	FA	$800,000
37	Peguero, Joel	rhp	2015		DOM	30	0.039	3 / 3		1 y/$785,000 (26)	$785,000					$785,000
38	Susac, Daniel	c	2022	1	19	25	0.000	3 / 3		1 y/$780,000 (26)	$780,000					$780,000
39	Wick, Rowan	rhp	2012	9	300	33	3.114	1 / 3		1 y/$880,000 (26)+27 cl opt	$780,000	$0.100	A3	FA		$880,000	opt
40	Beck, Tristan	rhp	2018	4	112	30	2.067	1 / 3		1 y (26)	$625,215	A1	A2	A3	FA	$625,215
41	Bericoto, Victor	1b-rf	2018		DOM	24	0.000	3 / 3		1 y (26)	$540,968					$540,968
42	Bivens, Spencer	rhp	2022		USA	32	1.077	2 / 3	Olympic Agy Spts	1 y (26)	$382,500		A1	A2	A3	$382,500
43	Brennan, Will	of	2019	8	250	28	2.155	1 / 3	CAA	1 y/$900,000 (26)	$486,022	A2	A3	FA		$486,022
44	Cox, Jonah	cf	2023	6	166	24	0.000	3 / 3		1 y (26)	$503,226					$503,226
45	Eldridge, Bryce	1b	2023	1	16	21	0.014	3 / 3		1 y (26)	$643,102					$643,102
46	Gilbert, Drew	cf	2022	1	28	25	0.052	3 / 3		1 y (26)	$709,797					$709,797
47	Haase, Eric	c	2011	7	218	33	3.159	0 / 3	Warner Spts	1 y (26)	$1,376,344	A3	FA			$1,376,344
48	Kennedy, Buddy	1b	2017	5	142	26	0.131	0 / 3		1 y (26)	$499,033					$499,033
49	McCray, Grant	cf	2019	3	87	25	0.096	2 / 3		1 y (26)	$144,673					$144,673
50	McDonald, Trevor	rhp	2019	11	326	25	0.014	1 / 3		1 y (26)	$632,572					$632,572
51	Ramos, Wilkin	rhp	2017		DOM	25	0.000	3 / 3		1 y (26)	$95,358					$95,358
52	Rodriguez, Jesús	c	2018		VEN	24	0.000	2 / 3		1 y (26)	$225,386					$225,386
53	Santos, Gregory	rhp	2015		DOM	26	3.055	0 / 3		1 y (26)	$335,215	A1	A2	A3	FA	$335,215
54	Seymour, Carson	rhp	2021	6	172	27	0.074	2 / 3		1 y (26)	$548,364					$548,364
55	Smith, Dylan	rhp	2021	3	74	26	0.020	2 / 3		1 y (26)	$537,889					$537,889
56	Tidwell, Blade	rhp	2022	2	52	25	0.008	2 / 3		1 y (26)	$225,386					$225,386
57	Whisenhunt, Carson	lhp	2022	2	66	25	0.054	3 / 3		1 y (26)	$127,100					$127,100
58	Porter, Logan									outrighted 6/4/26	$25,470					$25,470
59	Borucki, Ryan									released 6/6/26	$1,500,000					$1,500,000
60	Bailey, Patrick									traded to Cleveland 5/9/26	$195,968					$195,968
61	Encarnación, Jerar									outrighted 5/10/26	$197,849					$197,849
62	Fitzgerald, Tyler									traded to Toronto 4/4/26	$13,499					$13,499
63	Matos, Luis									traded to Milwaukee 3/30/26	$21,237					$21,237
64	Hicks, Jordan									CBT credit, 2024-25 ($13.225-$11)						($1,112,904)	($1.113)
65	Soler, Jorge									true-up, 7/29/24 trade to Atlanta						$1,875,000
66	Pre-arbitration bonus pool															$1,666,667	$1.667	$1.667	$1.667	$1.667
67	Estimated Player Benefits															$18,000,000	$18.500	$19.000	$19.500	$20.000
68											2026	2027	2028	2029	2030	2026	2027	2028	2029	2030
69	Projected 26-man Opening Day Payroll										$191,714,922
70	Projected 40-man Year-End Payroll										$198,564,110	$153.973	$132.123	$104.123	$83.623
71	Projected 40-man CB Tax Payroll															$232,381,213	$155.771	$136.134	$118.634	$100.301
72	Compteitive Balance Tax Threshold									$244 / $264 / $284 / $304						$244,000,000	$247.000	$250.000	$253.000	$256.000
73	Amount under threshold															$11,618,787	$91.229	$113.866	$116.866	$155.699
74	Projected CB Tax (first-time payor in 2026)									Rates 20% / 32% / 62.5% / 80%						$0
75
76	Giants CBT History
77	2025: The Giants' CBT payroll did not exceed the threshold for MLB's competitive balance tax.
78	2024: $2,421,788 tax on CBT payroll of $249,108,939 with $237M threshold and 20 percent rate as a first-time payor.
79	For 2018-24, the Giants' CBT payroll did not exceeded the threshold for MLB's competitive balance tax.
80	2017: $4,133,193 tax on payroll of $203,266,385 with $195M threshold and 50 percent rate as a third-time payor.
81	2016: $3,394,645 tax on payroll of $200,315,484 with $189M threshold and 30 percent rate as a second-time payor.
82	2015: $1,333,416 tax on payroll of $196,619,525 (17.5 percent rate, $189M threshold, $7,619,525 overage).
83
84	Notes on San Francisco Deferral Estimates
85	* Rafael Devers	Present values, recalculated at trade: Labor Relations: $222,443,565 (7.00% discount rate). Competitive Balance: $235,239,022 (3.52% discount rate).
86	* Tyler Mahle	Present values: Labor Relations: $9,777,778 (8.00% discount rate). Competitive Balance: $9,888,256 (3.87%). MLBPA: $9,857,143 (5.00%)
87
88	Notes on Salaries
89	Figures for 0- to 3-year players in majors are estimated at an average of $792,000, $12,000 above the Major League minimum salary.
90	Figures for 0- to 3-year players in minors are estimated at an average of $190,700, the minimum minor-league salary for a player with 1 year of Major League service.
91
92	Notes on Competitive Balance Tax
93	* Projected payroll for purposes of the Competitive Balance Tax under Article XXIII of MLB collective bargaining agreement. Estimated figures in italics.
94	* Figures include the average annual values of contracts for players on the 40-man roster, plus about $17M for benefits and $1.667M for 0- to 3-year player bonus pool.
95	* Tax Thresholds: 2022: $230M $250/$270/$290. 2023: $233M $253/$273/$293. 2024: $237M $257/$277/$297. 2025: $241M $261/$281/$301. 2026: $244M $264/$284/$304.
96	* Tax rate based on number of consecutive seasons a club has exceeded the base tax threshold. Rate resets if club payroll falls below tax threshold for one season.
97	* First-Time Payor tax rates: 20% for exceeding threshold by $20M or less, 32% for exceeding by $20-$40M, 62.5% for exceeding by $40M-$60M, 80% for exceeding by $60M or more.
98	* Second-Time Payor tax rates: 30% for exceeding threshold by $20M or less, 42% for exceeding by $20-$40M, 75% for exceeding by $40M or more, 90% for exceeding by $60M or more.
99	* Third-Time Payor tax rates: 50% for exceeding threshold by $20M or less, 62% for exceeding by $20-$40M, 95% for exceeding by $40M or more, 110% for exceeding by $60M or more.
100