The Minnesota Twins lowered their payroll from $177 million in 2023 to about $160 million in 2024. The reason was a reduction in TV rights fees with a resulting decrease in revenue. For 2025, as I noted in this article last November, they’ll be part of what’s now being called “MLB Local Media,” which is likely to give them even less revenue for 2025.
Thus, the Twins have been discussing trading some of their higher-paid players to try to reduce payroll. One of those players is righthanded starter Pablo López, who is scheduled to make $21.