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<\/p>\nAs the\u00a0wait continues for chief baseball officer Craig Breslow to meaningfully improve the club\u2019s roster\u00a0for 2024, the Red Sox took care of some league-mandated business Thursday.<\/p>\n
<\/p>\n
Boston reached one-year contract agreements with all four of its arbitration-eligible players \u2014 Nick Pivetta ($7.5 million<\/b>), Tyler O\u2019Neill ($5.85 million<\/b>), Reese McGuire ($1.5 million<\/b>) and John Schreiber ($1.175 million<\/b>) \u2014 before the league deadline to get such deals done, according to a major league source. While none of those players were in jeopardy of getting cut loose Thursday, the agreements mean the Red Sox won\u2019t have to use an independent arbiter to determine those players\u2019 salaries for 2024. The deals also don\u2019t preclude longer-term deals for any of the four.<\/p>\n
Pivetta and O\u2019Neill are both entering their final years before free agency. Pivetta, who is\u00a0penciled into the starting rotation\u00a0but may move to the bullpen if the club makes more additions, received a raise from his $5.35 million salary in 2023 and eclipsed\u00a0MLBTradeRumors\u2019 projection of $6.9 million with his $7.5 million agreement. O\u2019Neill, a right-handed hitting outfielder acquired from the Cardinals in a December trade, made $4.95 million last year in St. Louis and was projected by MLBTR to earn $5.5 million in 2024.<\/p>\n
McGuire, the backup catcher to Connor Wong, got a raise from $1.2225 million in his second year of arbitration. MLBTR projected him a tick higher than his ultimate salary at $1.7 million. Schreiber, a middle reliever, earned $750,000 last year in his last pre-arbitration year; MLBTR projected him for $1.3 million.<\/p>\n
All four players were tendered contracts before a separate deadline in November (when the club traded Luis Ur\u00edas to Seattle and non-tendered Wyatt Mills). At the time, Boston tendered deals to Pivetta, Schreiber, McGuire and Alex Verdugo (before trading him to the Yankees) and O\u2019Neill was tendered by the Cardinals before they traded him to the Red Sox. Those decisions guaranteed the tendered players would not hit the free agent market; Thursday\u2019s deals locked in their salaries for 2024.<\/p>\n
The four arbitration agreements combine for roughly $16 million, giving the Red Sox a solidified number as they look to build their payroll for 2024. Currently, they\u2019re\u00a0projected to have about $202 million\u00a0of payroll commitments on the books, which is far short of the $237 million first competitive balance tax threshold.<\/p>\n
By agreeing with all four players, the Red Sox avoided having to go through the arduous arbitration process for the fourth straight season.\u00a0Their last hearing was in 2020 against lefty Eduardo Rodr\u00edguez; the team won.<\/p>\n","protected":false},"excerpt":{"rendered":"
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