After topping the luxury tax limit in each of the last two seasons, the Padres aren’t reining in their spending. signing Xander Bogaerts An 11-year, $280 million deal was the most exciting move of a busy offseason, but San Diego also made significant investments to secure a new deal Nick Martinez and Robert Suarezas well as bring in other new talents Set Lugo and Matt Carpenter. The Padres also checked in on any number of other players, including Aaron Richter, Trea Turner, Christian Vazquez, Jose Abreu, Kodai Senga, Chris Bassittand Nathan Eovaldi.
The result is a projected The 2023 payroll of $249.4 million is the highest in club history, as is the estimated tax figure of around $266.6 million. However, acc Dennis Lin of The Athletic“People familiar with the team’s mindset say the Padres are hitting a self-imposed spending limit.” That limit isn’t necessarily absolute because, as Lin notes, the internal spending limit is ultimately up to owner Peter Seidler, who may decide to green-light a major issue again if it means bringing the Padres one step closer to a World Series title.
Still, it seems like space on the payroll might be tight given San Diego’s recent relocations. man barrier A one-year guarantee agreement was signed, and although the terms are not yet known, it is safe to assume that Engel will receive no more than the $2.3 million he was projected to receive in the arbitration. Brent Honeywell was signed to a split contract while Wilmer font and Eric Hanhold were inked to minor league deals. Of course, all teams (regardless of payroll) are looking for more cost-effective depth as the offseason progresses, but the Padres still have some notable needs that would require a larger resolution.
AJ Preller, President of Baseball Operations, is no stranger to creative jobs, so the Padres could look to fill those needs while freeing up some salary. For example, the Padres have at least some openness to moving infielders Ha Seong Kimwho has a luxury tax number of $7 million (based on average annual value) and is owed $25 million over the next two seasons. Trent Grisham was also considered a possible commercial candidate, although Grisham is among the less expensive members of San Diego’s list. There has been speculation since last season Blake Snell ($16 million owed in 2023) could be addressed, although such a move wouldn’t help fix the depth issues in the Padres’ rotation.
Between trade and promotions, the Padres’ farming system has lost much of its depth; Baseball America ranked the Padres only 23rd out of 30 teams in its ranking of midseason organizing talent. As such, it could complicate the concept of San Diego locking a prospect or two into an undesirable contract in trade talks. For example, Drawn bitterness missed all of 2022 to recover from flexor tendon surgery and the rescuer is owed $10 million in 2023. A rebuilding team could be tricked into taking Pomeranz’s deal off the Padres’ books if lower-league talent was added as a sweetener, unless San Diego might have no prospects.