It took about a month longer than in the past, but the Associated Press finally gave us their annual giveaway and reported the official year-end payroll report for 2022 — both the Labor Relations Department and competitive accounting tax forms.
This is one of my favorite and most eagerly awaited reports of the year as I compare my guesses with the verified figures.
In October, I published an estimated payroll of $60,925,548 (LRD) and $73,959,797 (CBT). How did these comparisons end?
First of all, I would like to suggest some quick fixes, at least on the CBT calculation.
The APA report gave the official figure for the total number of benefits—$16,016,707. My estimate was based on a $16,000,000 placeholder, so I added $16,707 to the final amount. It also occurred to me that between October and now the Pittsburgh Pirates have an unrecorded bonus on their books, so I added another $717,213. While I don’t add that to the LRD number, since I’m not sure if it’s there yet, both of these additional amounts bring the projected CBT total to $74,693,717.
As for the official figures, API Pirates has an LRD salary of $61,196,070 and a CBT salary of $75,399,389. I decided to compare my work to the industry benchmarks in this space – SpotTrack and Roster Resources – and here’s what I came up with:
|Department of labor relations|
|Source||last one||Difference||% difference|
|Competitive balance tax|
|Source||last one||Difference||% difference|
As you can see, my final difference of $270,522 in the LRDD calculation beat both of them by a large margin, we were all very close in the final CBT calculation. Spatrak was still adding to the unnamed $10 million bill, so they should be completely excluded from the conversation; Because I’m not sure how they got as close as they did.
But I’m falling apart…
In my opinion, you are in the right place for your payment source. I take pride in my work, and would love to see the validation in this payment.
I really couldn’t care less about the little ones, but I have to pass them on anyway.
The Pirates are ranked 28thTh And 29Th They finished ahead of the Baltimore Orioles and Oakland Athletics in LRD and CBT totals, respectively. Year-over-year, the Pirates have raised a total of $13,587,248 (from $61,812,141 to $75,399,389) in CBT dollars, which I find really interesting.
As you can see from the figure below, CBT spending has increased from 2021 to 2022.
This is why the battle for the highest CBT limits of the players is so important as the cost increases along with the cost limits.
Of course, a lot of heavy lifting was done pre-lock, so 2022 may not be the best barometer; However, the cost always increases directly after a new agreement and labor peace is guaranteed for a few years, and this vacation is not guaranteed otherwise.
It’s hard to imagine the final total coming down from 2022, and it will be interesting to watch over the next few years if the rising tide continues to lift all boats.
Off-season calendar update
No updates this week.
Pirate salary updates
– To provide space for the official signature Andrew McCutchenthe pirates were appointed Miguel Andujar For category.
The team already agreed to a $1,525,000 contract with Andujar in November. They’re tied to that amount anyway—if Andujar doesn’t clear and opt for free agency, he’s eligible for more than three years of service—and that makes the guarantee even stickier.
The Baltimore Orioles were recently able to pick up close proximity to Andujar in salary, position and tenure—Ryan O’Hearn—after designating him for assignment. Teams may be weary of making that kind of financial commitment for a deep commitment, and the Orioles knew that, and they were betting that O’Hearn wouldn’t opt for free agency and forget about his $1.4M salary. Therefore, in the process, they were able to save 40 people’s positions and keep them deep in the company at the same price.
That’s most likely the Pirates’ thought process for making this move.
As for the payroll, I remember. Tucupita Marcano Added to the active list and immortal Ryan died He returned, and his salary increased by $645,742 in the process.
—For 2023, the salary estimate for the Department of Labor Relations is $73,202,372 and for CBT purposes is $89,619,039.
A long-time Pirates Hope reader, Ethan has been going deep into 2018 covering payroll, trades and rules, and going all the way down to memory on these topics. He began writing about the Pirates in Pittsburgh before moving to Pirates Prospects at the start of the 2019 season.
Always fond of numbers and finding answers, Ethan prefers to delve deeper into these topics than what happens on the field. These underlying and often wrongly covered topics are really his passion and he does his best to educate fans on topics they may not always understand, but are important nonetheless.
When not updating his beloved spreadsheets, Ethan is a father of two daughters and works full-time as an accountant while watching too many movies and TV shows at night.