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The Cubs have signed all the players on the 2018 roster

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The pre-arb players got their renewal figures Sunday, so here’s an updated payroll list for this year.

Geoff Burke-USA TODAY Sports

SCOTTSDALE, Arizona — Sunday, the Cubs announced they had signed to 2018 contracts all of their pre-arbitration (0-3 years of MLB service) players. The figures for the likely 25-man roster players are as follows:

Ian Happ’s contract was said to be a “renewal,” which means he’s the only player who was simply given a figure. The other pre-arb players likely came to an agreement on their figure. This is no big deal:

So, we now have numbers for all the Cubs who should be on the Opening Day 25-man roster. For the purposes of this table I’m going to assume that Chris Gimenez makes the team as the backup catcher; the number shown for him is what he was promised if he makes the big-league team.

Cubs 2018 payroll/luxury tax obligations

Player Salary Tax hit
Player Salary Tax hit
Jason Heyward $28,166,667 $23,000,000
Jon Lester $27,500,000 $25,833,333
Yu Darvish $25,000,000 $21,000,000
Ben Zobrist $16,000,000 $14,000,000
Tyler Chatwood $12,500,000 $12,666,666
Kris Bryant $10,850,000 $10,850,000
Brandon Morrow $9,000,000 $10,500,000
Jose Quintana $8,850,000 $4,200,000
Anthony Rizzo $7,285,714 $5,857,143
Steve Cishek $6,500,000 $6,500,000
Pedro Strop $5,850,000 $5,925,000
Justin Wilson $4,200,000 $4,200,000
Kyle Hendricks $4,175,000 $4,175,000
Brian Duensing $3,500,000 $3,500,000
Addison Russell $3,200,000 $3,200,000
Drew Smyly $3,000,000 $5,000,000
Justin Grimm $2,475,000 $2,475,000
Chris Gimenez $1,275,000 $1,275,000
Tommy La Stella $950,000 $950,000
Javier Baez $657,000 $657,000
Mike Montgomery $611,250 $611,250
Kyle Schwarber $604,500 $604,500
Willson Contreras $604,500 $604,500
Carl Edwards Jr. $594,000 $594,000
Albert Almora Jr. $584,500 $584,500
Ian Happ $570,000 $570,000
40-man minor leaguers (estimate) $2,250,000
Player benefits (estimate) $13,000,000
TOTAL $184,503,131 $184,582,892
2018 TAX THRESHOLD $197,000,000
ESTIMATED REMAINING PAYROLL SPACE $12,417,108

Remember, of course, that some of the numbers above are estimates (particularly the listings under “40-man minor leaguers” and “Player benefits.” However, given the numbers above, all of which come from publicly available sources, I think the estimate of how much room the Cubs have under the luxury tax limit — about $12.4 million — is pretty close.

That number is how much money the Cubs can spend this summer on a mid-season acquisition, if needed, without paying luxury tax in 2018.

Well done, Theo & Co. They’ve put together a very, very good team (and are paying Drew Smyly to spend most of this year on the 60-day disabled list) while still not going over the “cap,” even though it’s not officially a “cap.”

That should, presumably, leave room for some major spending come next offseason.