Drew Smyly

Chicago Cubs, Relief Pitcher
Age: 35-97d (Jun 13, 1989)
Exp: 11.143 Years
Country: US
College: Arkansas
Drafted: Round 2 (#68 overall), 2010
Agent(s): Darek Braunecker (Frontline)
2024 Payroll Salary

$10,500,000

2024 Cash

$10,500,000

Career Earnings

$65,295,155

2023-2025 free-agent-xxb (CURRENT)

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Contract Terms:
2 yr(s) / $19,000,000
Average Salary:
$9,500,000
Signing Bonus:
K.A.
Free Agent:
2026 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2023 34 $10,000,000 $9,500,000 4.08% $10,000,000 $10,000,000
2024 35 $10,500,000 $9,500,000 4.01% $10,500,000 $20,500,000
2025 36
Mutual
 $10,000,000 $10,000,000 - $2,500,000 $23,000,000
2026 37
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2023 34 10.143 $8,000,000 $2,000,000 - $10,000,000 $9,500,000
2024 35 11.143 $10,500,000 - - $10,500,000 $9,500,000
2025 36 -
Mutual
 $10,000,000 - - $10,000,000 $10,000,000
2026 37 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2023 34 $8,000,000 $10,000,000 $10,000,000 $10,000,000 $7,666,667
2024 35 $10,500,000 $10,500,000 $20,500,000 $10,250,000 $6,500,000
2025 36
Mutual
 $2,500,000 $2,500,000 $23,000,000 $7,666,667 $2,500,000
Contract Notes
  • Player opt-out available after 2023
  • 2025 Mutual option includes a $2.5M buyout
  • Opt-out available after 2023 with 100 innings pitched
  • Annual Escalators (Innings Pitched) ($2M earned in 2023)
    $250,000 each for 110, 120
    $750,000 each for 130, 140
    $1M for 150
  • Annual Bonuses (Innings Pitched) (2024 escalated $2M)
    $250,000 each for 110, 120
    $750,000 each for 130, 140
    $1M for 150

Source: MLB contract specifics generally collected from verified reports.

2022-2023 Free Agent

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Contract Terms:
1 yr(s) / $5,250,000
Average Salary:
$5,250,000
Signing Bonus:
K.A.
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2021-2021 free-agent-xxb

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Contract Terms:
1 yr(s) / $11,000,000
Average Salary:
$11,000,000
Signing Bonus:
K.A.
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2020-2020 free-agent-xxb

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Contract Terms:
1 yr(s) / $4,000,000
Average Salary:
$4,000,000
Signing Bonus:
K.A.
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2019-2019 Free Agent

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Contract Terms:
1 yr(s) / $7,000,000
Average Salary:
$7,000,000
Signing Bonus:
K.A.
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2018-2019

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Contract Terms:
2 yr(s) / $10,000,000
Average Salary:
$5,000,000
Signing Bonus:
K.A.
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2017-2017 Arbitration

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Contract Terms:
1 yr(s) / $6,850,000
Average Salary:
$6,850,000
Signing Bonus:
K.A.
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2016-2016 Arbitration

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Contract Terms:
1 yr(s) / $3,750,000
Average Salary:
$3,750,000
Signing Bonus:
K.A.
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2015-2015 Arbitration

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Contract Terms:
1 yr(s) / $2,650,000
Average Salary:
$2,650,000
Signing Bonus:
K.A.
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2014-2014 Pre-Arb

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Contract Terms:
1 yr(s) / $520,000
Average Salary:
$520,000
Signing Bonus:
K.A.
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2013-2013 Pre-Arb

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Contract Terms:
1 yr(s) / $498,000
Average Salary:
$498,000
Signing Bonus:
K.A.
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2012-2012 Pre-Arb

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Contract Terms:
1 yr(s) / $480,000
Average Salary:
$480,000
Signing Bonus:
K.A.
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2010-2010 Signing Bonus

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Contract Terms:
1 yr(s) / $1,100,000
Average Salary:
$1,100,000
Signing Bonus:
K.A.
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Career Earnings thru 2024

$64,295,155

Career Earnings w/ Different Teams

8 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2010 21
Signing Bonus
$1,100,000
$1,100,000
2012 23
Active
$390,819
$1,490,819
2013 24
Active
$498,000
$1,988,819
2014 25
Active
Retained
$170,491
$349,509
$2,159,310
$2,508,819
2015 26
Active
$2,650,000
$5,158,819
2016 27
Active / arbitration-settlement
$3,750,000
$8,908,819
2017 28
Injured / Arb Avoided
$6,850,000
$15,758,819
2018 29
Injured
$3,000,000
$18,758,819
2019 30
Retained
Active
$7,000,000
$211,855
$25,758,819
$25,970,674
2020 31
Active
$1,574,481
$27,545,155
2021 32
Active
$11,000,000
$38,545,155
 Champion
2022 33
Active
Retained
$4,250,000
$1,000,000
$42,795,155
$43,795,155
2023 34
Active
$10,000,000
$53,795,155
2024 35
Active
$10,500,000
$64,295,155
Total      
$64,295,155
$64,295,155
2025 36
Active / Mutual
$2,500,000
Total
$66,795,155
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2010
21
$1,100,000
$1,100,000
$1,100,000
2012
23
$390,820
$390,819
$1,490,819
2013
24
$498,000
$498,000
$1,988,819
2014
25
$170,491
$349,509
$170,491
$349,509
$2,159,310
$2,508,819
2015
26
$2,650,000
$2,650,000
$5,158,819
2016
27
$3,750,000
$3,750,000
$8,908,819
2017
28
$6,850,000
$6,850,000
$15,758,819
2018
29
$3,000,000
$3,000,000
$18,758,819
2019
30
$7,000,000
$211,855
$7,000,000
$211,855
$25,758,819
$25,970,674
2020
31
$1,481,481
$93,000
$1,574,481
$27,545,155
2021
32
$11,000,000
$11,000,000
$38,545,155
2022
33
$4,250,000
$1,000,000
$4,250,000
$1,000,000
$42,795,155
$43,795,155
2023
34
$8,000,000
$2,000,000
$10,000,000
$53,795,155
2024
35
$10,500,000
$10,500,000
$64,295,155
Total
$61,102,156
$1,100,000
$2,093,000
$64,295,155
$64,295,155
2025
36
$2,500,000
$2,500,000
Total
$63,602,156
$1,100,000
$2,093,000
$66,795,155

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $1,238,329 $1,100,000 - $2,338,328
3 $6,570,491 - - $6,570,491
1 $6,850,000 - - $6,850,000
4 $26,750,000 - $2,000,000 $28,750,000
1 $7,000,000 - - $7,000,000
1 $211,855 - - $211,855
1 $1,481,481 - $93,000 $1,574,481
1 $11,000,000 - - $11,000,000

Injuries

Year Dates Reason
2015 TB Mar 27, 2015 - Apr 24, 2015 Shoulder
2015 TB May 06, 2015 - May 13, 2015 Arm
2015 TB May 13, 2015 - Aug 16, 2015 Arm
2017 SEA Apr 02, 2017 - Oct 01, 2017 Arm
2018 CHC Mar 29, 2018 - Oct 01, 2018 Ulnar Nerve
2019 TEX Apr 20, 2019 - May 05, 2019 Arm
2020 SF Aug 02, 2020 - Sep 10, 2020 Finger
2021 ATL Apr 16, 2021 - Apr 24, 2021 Arm
2022 CHC May 31, 2022 - Jul 10, 2022 Oblique
2024 CHC Apr 22, 2024 - May 25, 2024 Hip
  • Dec 18, 2022 Signed a 2 year $19 million contract with Chicago (CHC), plus a $10M mutual option for 2025
  • Nov 09, 2022 Declined a $10 million mutual option for 2023 ($1M buyout)
  • Mar 19, 2022 Signed a 1 year $5.25 million contract with Chicago (CHC)
  • Nov 16, 2020 Signed a 1 year $11 million contract with Atlanta (ATL)
  • Jan 17, 2020 Signed a 1 year $4 million contract with San Francisco (SF)
  • Jul 19, 2019 Signed a minor league contract with Philadelphia (PHI)
  • Jun 25, 2019 Released by Texas (TEX)
  • Nov 02, 2018 Traded to Texas (TEX) from Chicago (CHC) with PTBNL for PTBNL
  • Dec 13, 2017 Signed a 2 year $10 million contract with Chicago (CHC)
  • Dec 01, 2017 Non-Tendered by Seattle (SEA)
  • Jan 13, 2017 Signed a 1 year $6.85 million contract with Seattle (SEA), avoiding arbitration
  • Jan 11, 2017 Traded to Seattle (SEA) from Tampa Bay (TB) for Mallex Smith, Carlos Vargas and Ryan Yarbrough
  • Feb 04, 2016 Signed a 1 year $3.75 million contract with Tampa Bay (TB)
  • Jan 16, 2015 Signed a 1 year $2.65 million contract with Tampa Bay (TB)
  • Jul 31, 2014 Traded to Tampa Bay (TB) from Detroit (DET) as part of a 3-team trade: Tampa Bay (TB) traded David Price to Detroit (DET); Detroit (DET) traded Willy Adames to Tampa Bay (TB); Detroit (DET) traded Austin Jackson to Seattle (SEA); Seattle (SEA) traded Nick Franklin to Tampa Bay (TB)
  • Mar 03, 2014 Signed a 1 year $520k contract with Detroit (DET)
  • Feb 22, 2013 Signed a 1 year $498k contract with Detroit (DET)
  • Apr 11, 2012 Contract purchased by Detroit (DET)
  • Aug 16, 2010 Signed a contract with Detroit (DET)
  • Jun 24, 2010 Drafted by Detroit (DET): Round 2 (#68 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 CHC 43 0 46 20 17 21 51 8 3 6 0 55.0 2.78 1.22 0.77
2023 CHC 41 23 147 89 79 56 141 26 11 11 0 142.3 5.00 1.43 -0.02
2022 CHC 22 22 101 46 41 26 91 16 7 8 0 106.3 3.47 1.19 2.02
2021 ATL 32 23 133 69 63 41 117 27 11 4 0 126.7 4.48 1.37 -0.39
2020 SF 7 5 20 11 10 9 42 2 0 1 0 26.3 3.42 1.10 0.45
2019 PHI 25 21 126 83 79 55 120 32 4 7 1 114.0 6.24 1.59 -0.63
2016 TB 30 30 174 103 95 49 167 32 7 12 0 175.3 4.88 1.27 0.10
2015 TB 12 12 58 24 23 20 77 11 5 2 0 66.7 3.11 1.17 1.59
2014 DET 28 25 136 57 55 42 133 18 9 10 0 153.0 3.24 1.16 1.59
2013 DET 63 0 62 20 20 17 81 4 6 0 2 76.0 2.37 1.04 2.61
2012 DET 23 18 93 49 44 33 94 12 4 3 0 99.3 3.99 1.27 1.71

Calculated Market Value

$3.3M Avg. Annual Salary

Market Value

  • 1 years, $3,257,963
  • Avg. Salary: $3,257,963
  • MLB Rank: 355
  • RP Rank: 67

Current Contract

  • Free Agent: 2026
  • Avg. Salary: $9,500,000
  • MLB Rank: 179
  • RP Rank: 17

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Drew Smyly to.

Player Length Value Avg. Salary Age When Signed
Liam Hendriks 2 $10,000,000 $5,000,000 35
Lucas Luetge 1 $1,000,000 $1,000,000 36
Will Smith 1 $5,000,000 $5,000,000 34
Luis Garcia 1 $4,250,000 $4,250,000 36
Averages 1 $5,062,500 $3,812,500 35.3

Base Calculated Value

After adjusting the above contracts as if signed at Smyly's current age (35), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
2 $6,833,334 $3,416,667

Statistical Comparisons

Now we'll compare our variables and Smyly statistically over the two seasons prior to their signing. In this case we're analyzing: GP/Yr, SV, ERA, WHIP, K/9, BB/9, FIP, WAR

Player GP/Yr SV ERA WHIP K/9 BB/9 FIP WAR
Liam Hendriks
2022-2023
 31.50 0.60 4.11 1.02 9.34 2.15 3.96 1.80
Lucas Luetge
2022-2023
 30.50 0.03 4.96 1.58 9.32 3.64 3.94 0.57
Will Smith
2022-2023
 61.50 0.22 4.19 1.24 9.28 3.24 3.81 -0.18
Luis Garcia
2022-2023
 62.00 0.02 3.73 1.30 9.01 3.06 3.44 0.20
Average 46.38 0.22 4.25 1.29 9.24 3.02 3.79 0.60
Drew Smyly
2024-2024
 37.00 0.00 2.94 1.18 7.35 3.12 4.82 1.51
Pct Change -20.22 -100.00 30.82 8.53 -20.45 -3.31 -27.18 151.67
Median Prime % Change -11.77%
Average Prime % Change 2.48%

Calculated Market Value: Drew Smyly

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
1 years, $3,257,963 $3,257,963

TRANSACTIONS

Dec 18, 2022
Signed a 2 year $19 million contract with Chicago (CHC), plus a $10M mutual option for 2025
Nov 09, 2022
Declined a $10 million mutual option for 2023 ($1M buyout)
Mar 19, 2022
Signed a 1 year $5.25 million contract with Chicago (CHC)
Nov 16, 2020
Signed a 1 year $11 million contract with Atlanta (ATL)
Jan 17, 2020
Signed a 1 year $4 million contract with San Francisco (SF)
Jul 19, 2019
Signed a minor league contract with Philadelphia (PHI)
Jun 25, 2019
Released by Texas (TEX)
Nov 02, 2018
Traded to Texas (TEX) from Chicago (CHC) with PTBNL for PTBNL
Dec 13, 2017
Signed a 2 year $10 million contract with Chicago (CHC)
Dec 01, 2017
Non-Tendered by Seattle (SEA)
Jan 13, 2017
Signed a 1 year $6.85 million contract with Seattle (SEA), avoiding arbitration
Jan 11, 2017
Traded to Seattle (SEA) from Tampa Bay (TB) for Mallex Smith, Carlos Vargas and Ryan Yarbrough
Feb 04, 2016
Signed a 1 year $3.75 million contract with Tampa Bay (TB)
Jan 16, 2015
Signed a 1 year $2.65 million contract with Tampa Bay (TB)
Jul 31, 2014
Traded to Tampa Bay (TB) from Detroit (DET) as part of a 3-team trade: Tampa Bay (TB) traded David Price to Detroit (DET); Detroit (DET) traded Willy Adames to Tampa Bay (TB); Detroit (DET) traded Austin Jackson to Seattle (SEA); Seattle (SEA) traded Nick Franklin to Tampa Bay (TB)
Mar 03, 2014
Signed a 1 year $520k contract with Detroit (DET)
Feb 22, 2013
Signed a 1 year $498k contract with Detroit (DET)
Apr 11, 2012
Contract purchased by Detroit (DET)
Aug 16, 2010
Signed a contract with Detroit (DET)
Jun 24, 2010
Drafted by Detroit (DET): Round 2 (#68 overall)

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