In MLB, players who have completed three years of service time are eligible for salary arbitration, which means a sizable raise.
They make the league minimum in the first three years of service time, and then are eligible for arbitration from years four to six.
After completing six years of service time, they enter free agency.
Salary arbitration depends on performance, basically, but even for non-stars, it means earning significantly more money.
Today, at 1 p.m., is the deadline to exchange proposed salaries for those arbitration-eligible players who haven’t agreed on a contract for the 2022 campaign.
There are 195 players eligible for salary arbitration.
Here is a list of all the players eligible, per the AP.
The biggest stars in the game usually have a shot at making millions of dollars in arbitration.
Several Players Could Earn Big Money In Arbitration
There are gradual increases in years 4-6, so the last couple of years could make a player rich if he is very, very good.
“It’s MLB salary arbitration day: The potential new $10 million club members, per @mlbtraderumors: Trea Turner, LAD, Aaron Judge, NYY, Joey Gallo, NYY, Juan Soto, WASH, Josh Bell, WASH, Josh Hader, MILW, Sean Manea, OAK, Teoscar Hernandez, TOR, Rafael Devers, BOS, Dansby Swanson, ATL,” Bob Nightengale tweeted on Tuesday.
It's MLB salary arbitration day:
The potential new $10 million club members, per @mlbtraderumors:
Trea Turner, LAD
Aaron Judge, NYY
Joey Gallo, NYY
Juan Soto, WASH
Josh Bell, WASH
Josh Hader, MILW
Sean Manea, OAK
Teoscar Hernandez, TOR
Rafael Devers, BOS
Dansby Swanson, ATL
— Bob Nightengale (@BNightengale) March 22, 2022
Soto, for example, is in his second year of arbitration eligibility, and he could make $15.5 million in 2022.
He is a “Super Two” player, meaning he has four arbitration years: last year he made $8.5 million.
That’s why the Nationals want to extend him, because he is starting to get very, very expensive anyway.
He may be out of their range if he enters free agency, which he intends to do.
The New York Yankees have a big day in arbitration on Tuesday, as they will commit considerable money to Judge and Gallo, among other players.
We will likely see a ton of one-year agreements to avoid the actual arbitration process, which can get ugly at times.
It’s a pivotal day, financially, for lots of players.