At the beginning of each offseason, MLBTR publishes a list of the top 50 free agents on the board by projected earning power. It has only been a month and a half since this winter’s top 50 hit the site, but little did we know then that this offseason would move at such a rapid pace. We’ve already seen more than half of the members of this year’s list (27 players), including four of the top five, either sign new contracts or accept qualifying offers. With that said, let’s check in on how MLBTR has fared with its predictions thus far…
1. Gerrit Cole, SP – Predicted: Eight years, $256MM. Signed: Nine years, $324MM.
2. Anthony Rendon, 3B – Predicted: Seven years, $235MM. Signed: Seven years, $245MM.
3. Stephen Strasburg, SP – Predicted: Six years, $180MM. Signed: Seven years, $245MM.
4. Zack Wheeler, SP – Predicted: Five years, $100MM. Signed: Five years, $118MM.
6. Madison Bumgarner, SP – Predicted: Four years, $72MM. Signed: Five years, $85MM.
7. Yasmani Grandal, C – Predicted: Four years, $68MM. Signed: Four years, $73MM.
10. Jake Odorizzi, SP – Predicted: Three years, $51MM. Accepted $17.8MM qualifying offer.
12. Didi Gregorius, SS – Predicted: Three years, $42MM. Signed: One year, $14MM.
13. Will Smith, RP – Predicted: Three years, $42MM. Signed: Three years, $40MM.
15. Cole Hamels, SP – Predicted: Two years, $30MM. Signed: One year, $18MM.
16. Jose Abreu, 1B/DH – Predicted: Two years, $28MM. Accepted $17.8MM qualifying offer and then signed for three years, $50MM.
17. Michael Pineda, SP – Predicted: Two years, $22MM. Signed: Two years, $20MM.
18. Mike Moustakas, INF – Predicted: Two years, $20MM. Signed: Four years, $64MM.
19. Kyle Gibson, SP – Predicted: Two years, $18MM. Signed: Three years, $30MM.
20. Tanner Roark, SP – Predicted: Two years, $18MM. Signed: Two years, $24MM.
21. Julio Teheran, SP – Predicted: Two years, $18MM. Signed: One year, $9MM.
23. Drew Pomeranz, RP – Predicted: Two years, $16MM. Signed: Four years, $34MM.
24. Wade Miley, SP – Predicted: Two years, $16MM. Signed: Two years, $15MM.
26. Travis d’Arnaud, C – Predicted: Two years, $14MM. Signed: Two years, $16MM.
27. Chris Martin, RP – Predicted: Two years, $14MM. Signed: Two years, $14MM.
29. Avisail Garcia, OF – Predicted: Two years, $12MM. Signed: Two years, $20MM.
30. Howie Kendrick, INF – Predicted: Two years, $12MM. Signed: One year, $6.25MM.
31. Rick Porcello, SP – Predicted: One year, $11MM. Signed: One year, $10MM.
32. Brett Gardner, OF – Predicted: One year, $10MM. Signed: One year, $12.5MM.
40. Adam Wainwright, SP – Predicted: One year, $8MM. Signed: One year, $5MM.
42. Josh Lindblom, SP – Predicted: Two years, $8MM. Signed: Three years, $9.125MM.
47. Michael Wacha, SP – Predicted: One year, $6MM. Signed: One year, $3MM.
Total – Predicted: $1,327,000,000. Signed: $1,521,675,000.
A few things stand out here. First of all, special thanks to Braves reliever Chris Martin for making us look good by signing for the exact amount we said he’d receive. In the aggregate, though, we were obviously too conservative with this year’s estimates. However, in our defense, did anyone foresee such a spending bonanza this offseason?
When MLBTR’s Jeff Todd wrote this same piece a year ago, only one top five free agent and just 16 out of 50 had signed or agreed to take the qualifying offer. Furthermore, at that point, MLBTR’s projections were actually $20MM above the amount of money that had been handed out. Historic contracts worth $300MM or more were later given to outfielder Bryce Harper (Phillies) and infielder Manny Machado (Padres), the two highest-rated free agents available, but the MLBPA was nonetheless frustrated by the game’s second straight glacial offseason.
As a result of the union’s discontentment, speculation grew in regards to a potential work stoppage when the current collective bargaining agreement expires in December 2021. Perhaps that will still happen, but executive director Tony Clark & Co. have to be much more pleased with how this offseason has unfolded in comparison to the previous couple. Regardless, judging by the billions that teams have awarded to free agents in under two months, it’s clear there is still plenty of money to go around in Major League Baseball.